Bumper pool of fees has become all the more significant for bankers in an especially harrowing year, that saw sickness and death come much closer to home due to Covid pandemic.
Byju’s is aiming to file its initial IPO documents as early as the second quarter of next year. The startup and its bankers are discussing a valuation of $40 billion to $50 billion.
The airline plans to utilise over Rs 2,015 crore from the IPO proceeds towards pre-payment or scheduled repayment of all or a portion of certain outstanding borrowings.
Long overshadowed by their Chinese peers, new crop of startups is coming of age just as Beijing’s clampdown puts damper on growth prospects in what was once the region’s hottest IPO market.
The new brewery in Madhya Pradesh will initially add 400,000 hectoliters a year. Bira is also preparing for its last round of private fund raising before it pins down its listing plans.
Founded in 2011, Delhivery handles over 1.5 million packages a day and would add to a strong lineup of Indian startups that are ready to tap the IPO market in the coming months.
Overseas funds have poured $7.2 billion into India’s equities this year. IPO market is on a tear, thanks to startups, & India looks set to attract investors scared off by China’s crackdown.
Performance of recent IPOs, such as Zomato, has fed enthusiasm. Money raised in 2021 surpassed totals of past 3 years. Now, Paytm, Flipkart & Byju's are considering IPOs too.
Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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