Latest News, Updates & Breaking Headlines
MUMBAI: Winro Commercial, a BSE-listed non-banking finance company (NBFC) with a market cap of nearly Rs 31 crore, has bid in LG Electronics India IPO for shares worth nearly Rs 749 crore, raising eyebrows among market players. The company is known to be active in the IPO space; it usually bids in the anchor books…
NEW DELHI: LG Electronics India Ltd’s IPO received 3.3 times subscription on the second day of bidding on Wednesday. The IPO got bids for 23,70,85,836 shares against 7,13,34,320 shares on offer, according to NSE data. The quota for non-institutional investors received 7.6 times subscription. The category for qualified institutional buyers (QIBs) got subscribed 2.6 times,…
NEW DELHI: The famed football commentator Peter Drury once described Lionel Messi as “beautiful” and a “point of difference.” As it flew into the sunset on Friday, the same can also be said about Indian Air Force‘s MiG-21, which served the force for 62 years. For more than six decades, from the 1965 and 1971…
NEW DELHI: Jindal Steel International, the global steel arm of the Naveen Jindal Group, said on Tuesday that it had made a non-binding offer to acquire the steel assets of Thyssenkrupp Steel Europe (TKSE), Germany’s largest flat steel manufacturer.The company said in a statement that it will enter into discussions with Thyssenkrupp AG to acquire…
