LIC, one of the biggest insurer companies of the country with more than 68% of the market share, is planning to file the draft IPO papers next month.  “We target to bring the IPO within this fiscal and we have set strict timelines. The DRHP would be filed by November,” a finance minister said.  LIC IPO Details The planning to ...

Bharat Vikas Group India Ltd has filed draft papers for IPO with Securities and Exchange Board of India. The IPO includes a fresh equity share issue of Rs 200 crore and an offer for sale of up to 7,196,214 equity shares by existing shareholders.  Details About BVG IPO The company will issue fresh equity shares of Rs 200 crores There ...

The Adar Poonawalla backed omni-channel retail pharmacy chain known as Wellness Forever Medicare Ltd has filed for an IPO to raise Rs 1,600 crore. The IPO includes a fresh equity shares issue of Rs 400 crore and an offer for sale to the tune of 16.4 million shares from existing shareholders. Serum Institute of India will be one selling most ...

India’s hotel giant OYO Hotels and Homes has finally filed for Rs 8,430 crore IPO with Securities and Exchange board of India (SEBI) that comprises issue of fresh equity shares of Rs 7,000 crore and offer for sale of Rs 1,430 crore.  The move was taken as soon as the travel restrictions had been lowered in the country.  OYO IPO ...

Jack Dorsey, Chief Executive Officer of Square Inc. said Friday that the payment processing company will always work to make Bitcoin better for everyone. Dorsey said on Twitter that Bitcoin is “for the better.” By replying to Square Chief Financial Officer Amrita Ahuja tweet. Who in a Tweet said that the company has no plans to change their strategy related ...

It seems like Elon Musk is taking away everything that he provided following his company Tesla Inc.’s announcement on Feb. 8 regarding how they will start accepting bitcoin as a payment method for Tesla. Bitcoin which is one of the world’s biggest cryptocurrency has been crashing down and has dropped roughly around 40% from its record of almost $65,000 and ...

Due to the COVID-19 pandemic – the Indian hotel industry has a taken a hit of over Rs 1.30 lakh crore in revenue for the fiscal year 2020-21, as told by the Federation of Hotel & Restaurant Associations of India (FHRAI) on Sunday. FHRAI said that they have submitted a representation asking for immediate help from the Prime Minister to ...

Hyderabad based Penna Cement has started the paper works to launch an IPO. The company submitted papers to SEBI stating that they are planning to raise Rs 1,550 crore through an initial share sale. The IPO (initial public offer) is a combination of fresh issue of equity shares worth Rs 1,300 crore and an offer for sale of up to ...

Delhi lockdown has been extended by 1 more week. Now there will be a lockdown till 24th May in Delhi. The Chief Minister of Delhi, Arvind Kejriwal on Sunday announced the news. “We are extending the lockdown by one more week in the national capital. Instead of tomorrow, lockdown will continue till next Monday 5 am in Delhi,” said Arvind ...

Elon Musk on Twitter asked his followers “should Tesla start accepting Doge coin” as a payment method. He posted this tweet in the form of Twitter poll to which approx. 3,901,106 people had answered with 78.2 percent answering in the positive. Checkout his tweet below: Do you want Tesla to accept Doge? — Elon Musk (@elonmusk) May 11, 2021 Dogecoin ...