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FMCG distributors’ body asks Sebi to pause IPOs of loss-making quick-commerce firms

Fast-moving consumer goods distributors’ body AICPDF has urged the market regulator Sebi to pause the Initial Public Offerings (IPO) of loss-making quick-commerce companies. In a representation, the All India Consumer Products Distributors Federation (AICPDF) has urged Sebi “to consider immediate measures including a temporary pause on IPO approvals” for quick-commerce and closely related e-commerce companies…

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Loss-making PIA on block: Pak moves to sell national carrier; previous bid failed

Pakistan International Airlines Pakistan will hold bidding on December 23 to sell its state-owned carrier, Pakistan International Airlines (PIA), state media reported on Wednesday.Also Read: PIA apologises for controversial ad featuring Eiffel Tower after brutal trolling The loss-making airline is being privatised as part of a $7 billion International Monetary Fund (IMF) program, which requires…

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