ED alleged in affidavit to Ahmedabad court that Bahubali Shah and brother Shreyansh Shah routed more than Rs 26 cr to corner shares of NTPC and TCS during Initial Public Offerings.
Global media also reported on the safe return of Hindu pilgrims who had crossed the border to Pakistan to visit Katas Raj temples in Chakwal & remembered 'Kerala’s pride’ MT Vasudevan Nair.
The company's IPO attracted bids worth about $38.60 billion, making it the most sought-after opening this year. 200 debutant companies have raised more than $7 billion this year.
Sawhney Automobiles, registered under Resourceful Automobile, went in for a modest IPO of Rs 12 crore, but instead received bids 400 times that amount, totalling Rs 4800 crore by the time the issue closed.
Delhi-based bike dealership made many potentially business-disruptive disclosures in pre-IPO documents. But that didn't deter retail investors from oversubscribing by nearly 400 times.
Oyo is preparing to file a fresh IPO document by this week. The company had initially filed to go public in October 2021 but delayed the share sale due to market conditions.
Although, Tata Tech, which provides engineering and product development services, will not offer any of its shares, representing 23.6% of its paid-up share capital, to be sold in the IPO.
An October report says number of unicorn start-ups fell from 105 to 84. Inflated valuations, rise in M&As & fresh IPOs next year can result in even more of them losing tag of unicorn.
According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
COMMENTS