The proposed IPO will be an entirely offer-for-sale (OFS) by existing shareholders, with no fresh equity issuance, the exchange said in a statement. This means the company will not raise new capital through the public issue, and the proceeds will go to the selling shareholders.
Speaking to the media and later to ANI, BJP MLA from Una, Satpal Satti, alleged that development work in the state had come to a standstill due to an acute financial crunch and administrative apathy. He said that under the annual planning process, MLAs place their priorities before the go
Steve Carell starrer comedy series 'Rooster' has finally got a release date and a trailer. The ten episode series will premiere on March 8 on HBO. The episodes will air weekly through May 10.
Crisil expected CPI inflation (for the 2011-12 series) to rise to 5% in the next fiscal, driven by the normalisation of food inflation from deflationary levels in the current fiscal. However, non-food inflation is expected to remain benign, supported by lower crude oil prices and the continu
While speaking with ANI, Agarwal said, "the decision reflects improving macroeconomic conditions, with inflation stabilising near the 4% target and downside risks to growth easing." "Inflation is now stabilising at around 4% and the downside risk to growth has reduced. In that context, it wa
New Delhi [India], February 6: Valentine's Day has evolved into a celebration of love in its many forms, romantic, familial, and everything in between. It's a moment where thoughtful gifting takes centre stage, transforming simple gestures into lasting memories. This season, Myntra spotlight
"Mahindra & Mahindra, a company in the automobile sector, will invest Rs 15,000 crore in Chhatrapati Sambhajinagar and Nashik. This will create many jobs. Significant investment has been made in the auto sector through this programme. Ten thousand people will get employment in the three-whee
Following Royal Challengers Bengaluru's (RCB) second Women's Premier League (WPL) title win, former Indian captain Mithali Raj praised the franchise for clinching the trophy despite losing star all-rounder Ellyse Perry, crediting skipper Smriti Mandhana for keeping the team focused and compo
New Delhi [India], February 6: HSNC University, Mumbai organised a one-day conference titled "Foundations of Indian Knowledge System: Natya Yoga (Dance in Yoga)", bringing together research scholars, administrators, artists, faculty and students to explore classical Indian dance as a holisti
Bengaluru (Karnataka) [India], February 6: Trane Technologies (NYSE: TT), a global leader in climate innovation, has taken a bold step toward accelerating sustainable climate solutions in India with the inauguration of the new Centre for Sustainable Refrigeration and Climate Control at Cambr
"It will help the real estate sector and the REITs. There is already a framework for lending by the banks to the real estate, only through companies and other legal entities. That lending was not allowed to be done in case the borrower was a trust," Governor Malhotra said.