New Delhi, Jan 27 (PTI) The Cell for IPR Promotion and Management (CIPAM) has been designated as the national focal point to establish and develop technology and innovation support centres (TISCs) across the country in the coming years, in collaboration with the World Intellectual Property Organization (WIPO), according to an official public notice. CIPAM was [...]
New Delhi, Jan 27 (PTI) After a hiatus of nearly two decades, the government's programme to privatise state-owned firms restarted with the handing over of debt-laden national carrier Air India to the Tata Group. With the new owner shelling out Rs 18,000 crore for the buyout of the 'Maharaja', this would be the highest-ever amount [...]
Imagine Marketing, owner of consumer electronics brand BoAt, has filed a preliminary prospectus with capital markets regulator Sebi to raise Rs 2,000 crore through an initial public offering (IPO). The public issue consists of a fresh issue of equity shares, aggregating up to Rs 900 crore and an offer for sale aggregating up to Rs [...]
New Delhi, Jan 26 (PTI) Edible oil major Adani Wilmar will on Thursday hit the capital market to raise up to Rs 3,600 crore through its Initial Public Offer (IPO). The proceeds of the public issue will be used to fund capital expenditure, reduce debt and for acquisitions as the company seeks to become India's [...]
New Delhi, Jan 26 (PTI) Realty firm Macrotech Developers saw a "minor" impact on housing demand in the first two weeks of January this year due to surge in COVID cases and remains confident of meeting the Rs 9,000-crore sales bookings target for this fiscal, its MD & CEO Abhishek Lodha said. Macrotech Developers markets [...]
New Delhi, Jan 25 (PTI) Edible oil major Adani Wilmar Ltd (AWL) on Tuesday said it has garnered Rs 940 crore from anchor investors, days before its initial public offering (IPO) roll-out. The company has decided to allocate around 4.09 crore equity shares to anchor investors at Rs 230 apiece, aggregating the transaction size to [...]
Mumbai, Jan 24 (PTI) FMCG major Adani Wilmar, which has grown to become the largest category leader through acquisitions, has set aside Rs 450 crore from the share sale that opens later this week, to tap more acquisition-led growth opportunities primarily in its non-edible oils business. The company, which is an equal joint venture between [...]
New Delhi, Jan 23 (PTI) IPO-bound fintech firm Mobikwik is expecting to close the current financial year with 100 per cent revenue growth, a top company official said. Mobikwik chairperson and chief operating officer Upasana Taku told PTI that the company's initial public offer (IPO) is a monumental opportunity for the company and will not [...]
New Delhi, Jan 21 (PTI) The Rs 680-crore initial public offering of payment solutions provider AGS Transact Technologies was subscribed more than eight times on Friday, the final day of the bidding process, on robust support from investors. The IPO received bids for 22.35 crore equity shares against an offer size of [...]
New Delhi, Jan 21 (PTI) The Rs 680-crore initial public offering of payment solutions provider AGS Transact Technologies was subscribed more than eight times on Friday, the final day of the bidding process, on robust support from investors. The IPO received bids for 2.87 crore equity shares against an offer size of [...]