Corrtech International is one of the leading focused providers of pipeline laying solutions including hydrocarbon pipeline laying works in India
The country's largest public offer has seen strong interest from investors who queued up to be part of the roadshows organised by the Centre's battery of merchant bankers.
The British company will shed 12 per cent to 15 per cent of staff in the UK and the US, Chief Executive Officer Rene Haas said in a memo to staff, according to a person familiar with the matter
The govt's plan to mop up over Rs 60,000 cr by selling 5% stake of LIC this financial year seems to have hit a roadblock, because of the war in Ukraine. Find out the implications of this delay
LIC, Delhivery, PharmEasy among deals to be keenly followed by the market
Sebi's push comes after the flop listing of SoftBank-backed payments firm Paytm's $2.5 billion IPO in November
The company may also consider raising further equity including a rights issue of up to Rs 1,200 crore. If this placement is completed, the fresh issue size will be reduced
There are certain external factors affecting the markets because of the conflict in Europe, and the government is watching the situation carefully, the official said
In the wake of the market volatility due to the Ukraine-Russia war, there might be a rethink on the timing of the LIC share sale
Fund manager Mark Mobius says he sees more downside in equity markets amid the invasion of Ukraine. More on that in our top headlines.
Russia-India defence sales face looming sanctions. More on that in our top headlines.
The Centre will wait and watch how the Russia-Ukraine crisis affects the stock markets before taking a call on deferring the IPO of LIC. More on this in our top headlines.
Sebi chief Ajay Tyagi on Thursday said the increasing trend of new age technology companies, which are generally loss making, accessing public market is a key challenge to the capital markets
"The LIC IPO will suck liquidity from the market. That's another reason that you will see the markets getting volatile," said Girotra.
LIC issued a clarification saying Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) subscribers are not eligible to avail the benefits offered to policyholders in the proposed IPO
LIC has not paid any dividends in nearly three years, something that may have helped shore up the insurer's net worth ahead of its IPO. More on that in our top headlines.
Archean is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world
Business Standard brings you the top headlines at this hour
While new regulations have severely hit China in the global tech, media & telecom (TMT) IPO market, the Indian TMT IPO pipeline is getting stronger and will continue to gain prominence this year, a new report showed on Friday.
States start easing Covid-19 curbs as cases decline. More on that in our top headlines.