Indian stocks need Prime Minister Narendra Modi’s party to win more than 303 seats in the general election to extend their record rally, according to a Bloomberg News survey of market participants. A smaller majority for the ruling Bharatiya Janata Party may lead to a drop of about 2% in the NSE Nifty 50 Index, … Read more
Household products and stationery manufacturer Cello World Ltd is set to launch its Rs 1,900-crore initial share sale for public subscription on October 30. The maiden public issue will conclude on November 1 and the anchor book of the offer will be opened for a day on October 27, according to the red herring prospectus. … Read more
Tata Group company Tata Technologies has filed a draft prospectus with markets regulator Sebi to raise funds through initial public offering (IPO). The IPO is completely an offer for sale (OFS) by promoters and selling shareholders. The shares of the company are proposed to be listed on both NSE and BSE. Here are 10 things … Read more
Investment banks are set to receive about 1 billion rupees ($12 million) in total fees after helping Indian tycoon Gautam Adani pull off a closely watched follow-on share sale, according to people familiar with the matter. The fees are equivalent to around 0.5% of the 200 billion rupees raised in .’s offering, said the people, … Read more
NEW DELHI: Krsnaa Diagnostics on Monday said it has fixed a price band of Rs 933-954 a share for its little over Rs 1,213 crore initial share-sale. The three-day initial public offer (IPO) will open for public subscription on August 4 and conclude on August 6. The bidding for anchor investors will open on August … Read more