Regulator asks commercial banks to make KYC ironclad as frauds rise. More on that story in our top headlines.
Nykaa has passed a resolution to amend its Articles of Association that allow promoters to nominate one-third of directors and the chairperson
Top property developers across western and northern India are getting into 'second homes' concept at leisure destinations. More on that in our morning wrap.
Tata Sons, the holding company of the group, is likely to remove the age limit for Tata Trusts nominees on its board. More on that in our morning wrap.
The company's existing shareholders, including founder TVS Mobility Pvt. and investors Gateway Partners and Tata Capital Financial Services Ltd., plan to sell as many as 59.48 million shares
LIC IPO: There are still some issues that need to be addressed with regard to the valuation of LIC, a senior official said
LIC IPO: The initial public offering (IPO) of Life Insurance Corporation (LIC) is expected to hit the markets by March
LIC IPO: Market valuation of listed life insurance peers is 3-4x their EV, but govt pushing for Rs 15 trn
As per the filing, the "proposed offer consists of a fresh issue of equity shares aggregating up to Rs 3,700 million (Rs 370 crore)"
With the appointment, the total number of independent directors goes up to 9 and all vacancies are filled.
The company, which is into personal care and hair removal, recently had a Rs 160 crore fund infusion and the latest one takes the overall quantum of money raised in this round to Rs 210 crore
This is the Ahmedabad-based company's second attempt to go public.
The company, whose flagship brand is the male ethic 'Manyavar' label, has fixed its issue price band at Rs 824-866 a share
The IPO is available in the price band of Rs 218 to Rs 230 per share
The market regulator took average 76 days to decide on 110 DRHPs filed in the past two years
The valuation Oyo is targeting would be lower than the $12 bn initially reported last year, which reflects Oyo's financial struggles and a more measured appetite for IPOs following Paytm debacle
The board approval is subject to market conditions and receipt of applicable approvals
In December, as many as 12 companies came out with their IPO and mopped up Rs 16,783.75 crore
Initial public offerings in 2022 might include LIC and NSE
Campus Activewear introduced the brand 'Campus' in 2005 and is a lifestyle-oriented sports and athleisure footwear company that offers a diverse product portfolio