MUMBAI: The Securities and Exchange Board of India has today approved relaxation of various lock-in period rules with respect to promoters and pre-IPO investors for a company doing an initial public offer or a follow-on public offer via the primary market. The market regulator said that the lock-in period for promoter’s shareholding in an IPO … Read more
NEW DELHI: The IPO market is set to see its first mainboard IPO of financial year 2019-20 with Rossari Biotech hitting the market with its Rs 500 crore IPO on Monday. Rossari IPO was caught in Covid blues at first attempt. It was to launch its IPO on March 18, but cancelled its IPO press … Read more
As part of the government’s plan to accelerate economic growth, finance minister Nirmala Sitharaman urged central public sector enterprises (CPSEs) to boost their capital expenditure (capex) and achieve their targets, in a virtual meeting on Tuesday. Sitharaman said CPSEs played an important role in pushing the economy forward while reviewing their performance, adding that a … Read more