(This story originally appeared in on Jul 29, 2022) Mumbai: Furniture retailer Pepperfry has begun to overhaul its business structure as it plans to debut on India’s stock exchanges. To start with, the founders Ambareesh Murty and Ashish Shah have redomiciled Pepperfry from Cayman Islands to Mumbai. They had registered Pepperfry in Cayman Islands as … Read more
New Delhi: The initial public offering (IPO) of Life Insurance Corporation (LIC) continues to attract retail investors, including employees and policyholders, who are among the top bidders for the issue so far. Despite falling premium in the grey market, intense selloff in the global markets, rate hike concerns and inflationary worries, LIC is holding its … Read more
Mumbai: Shares of parent One97 Communications plunged as much as 19% on Monday, adding to its 27% decline on debut on Thursday as retail investors who bet on a listing gain continued to dump the stock while domestic institutional investors stayed away from the counter. The subdued listing and continuation of weak trading on Paytm … Read more