Swiggy has already allotted shares worth Rs 5,085 crore to anchor investors, drawn from the QIB quota
The local unit of the Korean automaker now has a total of six positive recommendations, from Nomura Holdings Inc. and Macquarie Group Ltd. along with local brokers
The initial public offer of engineering and construction company Deepak Builders & Engineers India Ltd got subscribed 12 times on the second day of share sale on Tuesday. The Rs 260 crore initial share sale received bids for 10,75,78,932 shares against 89,67,061 shares on offer, according to data available with the NSE. The non-institutional investors part got subscribed 17.39 times while the portion for Retail Individual Investors (RIIs) received 15.93 times subscription. The category for Qualified Institutional Buyers (QIBs) received 1.08 times subscription. The Initial Public Offer (IPO) of Deepak Builders & Engineers India Ltd received 4.12 times subscription on the first day of share sale on Monday. The IPO has a fresh issue of up to 1.07 crore equity shares and an offer for sale of up to 21,10,000 equity shares. The price range for the offer is fixed at Rs 192-203 per share. Fedex Securities Private Ltd is the book-running lead manager to the offer.
The various accounting standards fail to earmark the methodology of valuation to be adopted under different circumstances, leaving the choice of valuation method at the discretion of the valuer
Bank share prices have broadly delivered a double-digit rise this year, driven by stock buyback programmes
In the past 14 months, Zepto has raised over $1.2 billion in funding to strengthen its balance sheet for its stock market debut, expected sometime next year
Prime Minister Shehbaz Sharif's office stated that the companies had 'voluntarily agreed' to prioritise national interest over their business concerns
The gains in the equity markets, powered by robust flows from foreign and domestic investors have helped stocks command higher valuations
Earnings in the banking sector are expected to moderate due to pressure on margins and potential elevated slippages in the unsecured loan book, he says
Read served as CEO until Albert Bourla took the position in 2019. Bourla was instrumental in working with BioNTech to develop a COVID-19 vaccine
Now, the focus has shifted from creating investor intent through education to enabling easy execution via digital channels
Years of Brexit-linked political chaos may have ended with his Labour Party's big election win, but the near-collapse of utility Thames Water has unsettled investors
The non-banking financial company raised Rs 5,000 crore ($596.7 million) through a deep-discount zero-coupon bond at a yield of 6.25 per cent
He shares that his focus remains on finding companies that fit their 'U's' philosophy - undervalued, underowned, and undiscovered
The state Cabinet has approved investment proposals worth Rs 44,682 crore, achieving 90 per cent of the annual target
Only two ETFs with China exposure available in domestic markets going at a premium
India and Uzbekistan on Friday signed the Bilateral Investment Treaty (BIT) aimed at boosting the confidence of investors of both the countries. The BIT between the Indian government and the government of Republic of Uzbekistan was signed by Finance Minister Nirmala Sitharaman and Khodjayev Jamshid Abdukhakimovich, Deputy Prime Minister of Uzbekistan, at Tashkent. The BIT between India and Uzbekistan assures appropriate protection to Uzbekistan investors in India and Indian investors in the Republic of Uzbekistan, in light of relevant international precedents and practices, an official statement said. It will increase the comfort level and boost the confidence of investors by assuring a minimum standard of treatment and non-discrimination, while providing for an independent forum for dispute settlement through arbitration, it said. The treaty also provides for protection to investments from expropriation, provides for transparency, transfers and compensation for losses, it ...
The 3-day mega event aims to attract and facilitate global investment, innovation, and partnerships in the state
$210 mn Series B funding round led by Hornbill Capital; Physics Wallah will use funding to expand reach