Analysts expect strong deal momentum to drive Infosys' performance in the June 2021 quarter; Zomato allots shares worth Rs 4,195 crore to anchor investors ahead of the company’s IPO. Top news at this hour.
Zomato allots shares worth Rs 4,195 cr
Online food delivery company Zomato on Tuesday allotted shares worth Rs 4,195 crore to anchor investors. The firm allotted a total of 552.17 million shares to close to 200 foreign as well as domestic investors at Rs 76 apiece. Some of the investors that received anchor allotment include New World Fund, Tiger Global, and BlackRock.
Infosys to