nse to appoint merchant bankers for ipo in march as listing gathers pace

NSE IPO subscribed 43% on day 1

The part reserved for employees was almost fully subscribed MUMBAI: The Rs 22,562 crore IPO for NSE, the largest stock exchange in India in terms of turnover and profits, received bids for nearly 3.8 crore shares against about 8.9 crore shares on offer in the post-anchor bidding process. This translates to an overall subscription of…

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1789697118 tata sons ipo

Tata group shares rally on hopes of listing

Minority shareholders in the company’s various businesses will be watching as an IPO could affect Tata’s ability to shift capital between its cash-rich established businesses and newer, less profitable ventures. MUMBAI: With the possibility of Tata Sons’ listing gaining traction, stocks of several Tata companies that hold shares of the group’s holding company rallied on…

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tata sons approves 5 year term extension for n chandrasekaran

Chandra needs majority support from Tata Trusts’ nominees: Ex-CJI

Legal opinion centres on the interpretation of Tata Sons’ Articles of Association and interaction between special voting rights enjoyed by the Trusts’ nominee directors and chairman’s casting vote MUMBAI: Former chief justice of India D Y Chandrachud has opined that Tata Sons cannot validly reappoint N Chandrasekaran as executive chairman without the majority support of…

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1789689792 nse ipo

NSE IPO opens for subscription: From GMP, market cap to status & global comparison – top 10 things to know

The public offering is a major step for NSE after its plans to list on the stock exchanges remained stuck. (Image for representative purpose only) NSE IPO: The Initial Public Offering (IPO) of National Stock Exchange of India (NSE), the country’s largest stock exchange by total turnover across the cash market and equity derivatives segments,…

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1789686132 tata sons ipo

Judge Amogh Kaloti: The man who holds key to Tata dispute

Judge Amogh Shyamkant Kaloti has also worked as Joint Secretary, Secretary and SLA in Law and Judiciary Department, Government of Maharashtra MUMBAI: Till recently, Amogh Kaloti, who works under the law and judiciary department headed by chief minister Devendra Fadnavis, was barely known outside Maharashtra’s legal circles. A low-profile district judge who was appointed Maharashtra’s…

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upi mdr

UPI fee: Government, payment gateways discuss ways to stop merchants passing burden to consumers

The Centre asserted that it does not expect a decline in UPI transactions or increased use of cash NEW DELHI: Govt is in talks with payment aggregators and platforms, which onboard merchants, to ensure that the merchant discount rate (MDR) on transactions is not passed onto consumers, finance ministry officials told reporters Thursday.The Centre asserted…

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NSE IPO: SEBI chief says no proposal from National Stock Exchange seeking approval for trading on its own platform

The three-day issue will remain open until September 21. (Image for representative purpose only) NSE IPO: SEBI Chairman Tuhin Kanta Pandey said on Thursday that the regulator has not received any proposal from the National Stock Exchange (NSE) seeking permission to trade on its own platform after its listing.“No, there is no such letter, and…

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