Paytm IPO, India’s largest such sale, Drew bids for 1.89 times the shares on offer, as institutional investors bid sharply on the third and final day of the share sale.
Author: Editorial Desk
WhatsApp Payments are going to be targeting established companies like Paytm, PhonePe and Google Pay.
Crowdsourcing platform Urban Risk Map (RiskMap India) has been reactivated to assist Chennai citizens keep a track of flooded and water logged areas within the recent floods that have halted life within the town. A Tata Centre Project developed by researchers at Massachusetts Institute of Technology, the platform was reactivated upon request by IIT Madras Professor Balaji Narasimhan, from the Civil Engineering Department for permitting assortment of data of flooding, waterlogging and inundation from the general public across the Madras region. It primarily makes use of citizen-based coverage via social media to assist keep track of regions that are affected…
IPOs (initial public offerings) have generated a lot of buzz in recent months. non-public businesses and startups looked to profit on the positive capitalist sentiment within the market. Over forty companies launched their IPOs in 2021 (until September) raising over ₹700 bn. Around thirty more are probably to come out with their IPOs within the October-December quarter as well as fintech big Paytm, and insurtech firm Policybazaar. Most of those IPOs are profitable for investors and are trading on top of their issue value. For instance, the stock of home health care and wellbeing product maker Nureca has surged over…
The new-generation Maruti Suzuki Celerio hatchback is finally on sale in India, priced between Rs. 4.99 lakhs and Rs. 6.94 lakhs (ex-showroom, Delhi). This will be the second-generation Celerio to be launched in India, and therefore the automotive is currently designed on the corporate Heartect platform, that additionally underpins the new WagonR, Swift and Dzire. The new-gen Maruti Suzuki Celerio additionally comes with a big claim of being India’s most fuel-efficient petrol automotive, because of the new 1.0-litre dual Jet, dual VVT K10C engine with Idle Start-Stop technology, that helps to achieve the mileage of nearly 26.68 kmpl. When asked…