Maker of Xiaomi and Nokia phones Bharat FIH gets nod for Rs 5,000 cr IPO
Bharat FIH, the maker of Xiaomi and Nokia phones in India, has received the go-ahead from the capital markets regulator on June 10 to raise Rs ₹5,000 crore through an initial public offering (IPO). Separately, market regulator Sebi has also sought clarifications from Lava Mobiles for its ₹1,500-crore IPO. The Noida-based smartphone brand and contract … Read more