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The police say that in the two cases, in 2014 and 2016, insurance policies worth USD 62,000 and USD 30,000 were either taken out or collected. (Photo: Representational/Pixabay)

Business

Govt to raise $1.7 bn from IPO of reinsurer GIC Re

GIC Re set a price range of Rs 855-912 a share for its IPO that will run through Oct 11-13.

4 Oct 2017 6:16 AM GMT

Buoyed by favourable capital market outlook and healthy performance by some of the earlier issuances, there has been a surge in high net-worth individual investor (HNI) interest in IPOs to capitalise on the listing gains.

Business

Indian Energy Exchange IPO opens on Oct 9; to raise Rs 1,001 cr

Company is selling a little over six million shares, or 20 per cent of post-issue paid-up capital.

29 Sep 2017 12:03 PM GMT

AirAsia India, however, said in a statement that the passenger verbally abused a senior cabin crew after she was asked to switch off her mobile phone. (Photo: PTI/Representational)

Business

AirAsia explores India unit IPO, seeks partner for services business

AirAsia will seek approval at next AirAsia India board meeting to pick a banker to start a preliminary process for an...

10 Jan 2018 5:29 AM GMT

Saudi Aramco, the worlds top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a female executive.

Business

Saudi Aramco appoints first woman to the board

They are joined by Lynn Laverty Elsenhans, the former chairwoman, president and CEO of US oil refiner Sunoco Inc.

29 April 2018 10:10 AM GMT

Fear is the Key by Juggi Bhasin Penguin Random House, Rs 225

Books

Fear: The lietmotif that runs through the narrative

Usually, I am able guess the ending of a thriller halfway through the book, but here I couldn't do so.

21 April 2018 8:51 PM GMT

Around 200-300 retail service providers (RSP) registering daily with the Indian Railway IRCTC.

Business

IRCTC IPO huge hit among investors; subscribed 112 times

The Rs 645-crore IPO received bids for 225 crore shares against total issue size of 2 crore scrips, according to the...

3 Oct 2019 2:17 PM GMT

The launch of Real Estate Investment Trust is expected to further attract investments in commercial properties going forward.

Business

REIT IPO fully subscribed

The retail response to the issue however was muted with total number of applications received being approximately 8,012.

20 March 2019 8:25 PM GMT

The current rise in fund raising through the IPO route is expected to last as long as the upswing in secondary market continues.

Business

State-run MSTC plans to raise Rs 226 crore through initial public...

The company has fixed the price band of Rs 121-128, and has proposed to offload 1.76 crore shares or 25 per cent of...

12 March 2019 6:56 AM GMT

The electric wires and cables maker raised 13.46 billion rupees (USD 193.44 million) through an initial public offering.

Business

Polycab India's shares surge on market debut

The stock was trading at 647.5 rupees by 0432 GMT, compared with the IPO price band's higher end of 538 rupees.

16 April 2019 6:18 AM GMT

The IPO listing, aided by main underwriters, Goldman Sachs and JPMorgan Chase, is expected to value Pinterest at an estimated USD 12 billion. (Photo: ANI)

Technology

Pinterest seeks USD 15-USD 17 per share in IPO, below last private...

At the upper end of its target range, the company could have a market valuation of about USD 11.30 billion.

9 April 2019 7:32 AM GMT

Business

Indian firms raise Rs 6,482 cr through 14 IPOs in first quarter of...

The report noted that during January-March 2019, Indian stock exchanges ranked fourth globally in terms of number of...

2 April 2019 11:58 AM GMT

$Uber chief executive Dara Khosrowshahi is committed to investing further in the Indian market but also keeping a sharp eye on \eventual profitability\, as the US-based cab aggregator ramps up operations in the country.$ Business

As Uber gears up for IPO, many Indian drivers talk of shattered dreams

Decision to cut incentives sharply had disappointed several members of Uber's India team back then, the executive said.

8 May 2019 10:07 AM GMT