Many recent IPOs have caught investors off guard by continuing to run for two to three days after listing. While strong demand and limited free float are obvious reasons, there…
Category: Testing
IndiGo chaos: Competition regulator reviews ‘antitrust violations’ by airline
India’s competition regulator said on Thursday it was reviewing allegations of antitrust violations by budget airline IndiGo, following recent flight disruptions that hit air travel nationwide. The airline, which controls…
Tata Electronics gets Rs 1,500 crore boost as Apple manufacturing expands in India
The Tatas have invested an additional Rs 1,500 crore in Tata Electronics, according to the company’s latest regulatory filing with the Registrar of Companies, reported The Economic Times. The equity…
Amazon to lay off 370 staff in Luxembourg. What’s driving the job cuts?
Amazon is preparing to lay off 370 employees in Luxembourg in the coming weeks, adding to a wider round of global job cuts announced earlier this year, reported Bloomberg. The…
Worst behind us, IndiGo CEO tells staff after days of flight cancellations chaos
IndiGo CEO Pieter Elbers has told employees that the “worst is behind us” after the airline grappled with , blaming the disruption on a compounding effect of several factors rather…
ICICI Prudential AMC IPO GMP today: What grey market signals ahead of market debut
ICICI Prudential Asset Management Company’s initial public offering is set to make its stock market debut on Thursday, with after a strong response during the bidding period. The IPO allotment…
India eases visa process for foreign professionals hired by domestic firms
India on Wednesday announced a simplified and streamlined visa process to help Indian companies bring in foreign professionals, including engineers and technical experts, whose services are required for key production-related…
From Walmart to Reliance: Meet the world’s 10 richest families
The world’s richest families list shows how long-standing dynasties and newer business powerhouses continue to dominate global wealth today, according to Bloomberg’s latest report. Spanning industries from energy to fashion,…
Warner Bros rejects Paramount’s $108-billion hostile bid, Netflix in race
Warner Bros Discovery on Wednesday rejected Paramount Skydance’s $108.4-billion hostile takeover bid, saying the offer lacked credible financing assurances and posed significant risks to shareholders. In a letter to shareholders…
Planning to exit NPS? Here’s how the new rules affect your retirement payout
Non-government NPS subscribers will now get much greater freedom over their retirement savings. notified by the pension regulator, subscribers can withdraw up to 80% of their retirement corpus as a…