The shareholders have approved raising of Rs 12,000 crore during the IPO and sale of secondary shares will take the total amount to Rs 16,600 crore
The deal is likely to peg the valuation of Swiggy at $5 billion
This is part of a larger $3.6 billion funding raised by the homegrown e-commerce major
Marginal slippage in CPI-based inflation was noticed despite some firmness in food inflation which inched up to 5.15% in June from 5.01% a month ago
The IPO comprises fresh issuance of equity shares worth Rs 1,500 crore and an offer for sale of up to Rs 400 crore by promoters, existing shareholders
Industrial production has been hit due to the coronavirus pandemic since March last year when it had contracted 18.7%
Hybrid funds have seen the highest inflow in the last three months ending June, as more inflows would continue in the near future as well
The new income tax website faced technical glitches like e-proceedings and digital signature certificate and have been flagged by CAs.
The reduction in stamp duty rate by 2% will boost real estate sales in West Bengal as the reduction in rates has worked wonders in Maharashtra
Abbott has recently launched a Covid-19 test kit that would allow self testing at home on both symptomatic and asympotamtic individuals