January 2023

SEBI Returns Lava International’s Draft IPO Papers; Asks To Refile With Updates

by admin|30 January 202330 January 2023|IPO

Lava International had filed draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in September 2021 to raise funds through an initial share-sale Capital markets regulator SEBI has returned the draft IPO papers of Lava...

Irdai gives final approval to Go Digit General Insurance for listing: Report

by admin|30 January 202330 January 2023|IPO

Insurance regulator Irdai on Friday gave the final approval to Go Digit General Insurance for listing on stock markets, reported CNBC TV-18. Markets regulator Sebi has in September kept in 'abeyance' the proposed initial share sale of the Canada-based Fairfax Group-backed insurer....

Mamaearth parent files IPO papers; Sofina, Stellaris, Kunal Bahl, Shilpa Shetty to sell stake

by admin|30 January 202330 January 2023|IPO

The net proceeds of the IPO will be used for advertisement expenses to improve brand visibility and awareness, setting up new exclusive brand outlets, investment in BBlunt for setting up new salons, general corporate purposes and inorganic growth Honasa Consumer...

India’s Sheela Foam to buy rival mattress maker Kurlon for $241 mln- ET Now

by admin|30 January 202330 January 2023|Uncategorized

Indian mattress maker Sheela Foam Ltd (SHEF.NS) will soon acquire competitor Kurlon for 20 billion rupees ($241.29 million), ET Now reported on Wednesday, citing sources. Should the deal go through, Sheela Foam could command a market share of 35-40%, Moneycontrol had reported...

Union Budget 2023 may bring tax parity in capital gains on listed and unlisted equities

by admin|19 January 202319 January 2023|Uncategorized

Gains on listed shares are considered long-term if held for more than 12 months and taxed at a concessional rate of 11.96%. Whereas gains on unlisted shares are considered long-term if held for more than 24 months. In Budget 2022,...

Tata Technologies launches innovation centre in France

by admin|19 January 202319 January 2023|Uncategorized

Tata Technologies, a global product engineering and digital services company, inaugurated its innovation centre in Toulouse, France, to cater to the new-age product engineering and digital requirements of the global aerospace and defence sector. The new centre aims at strengthening...

Sterlite Power acquires Kishtwar transmission project in J&K

by admin|19 January 202319 January 2023|Uncategorized

Sterlite Power, an integrated power transmission developer and solutions provider, on Tuesday said it has acquired a Kishtwar transmission project for a period of 35 years. Kishtwar Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL), was...

Haldiram family eyeing IPO, plans to merge Delhi and Nagpur entities ahead of listing

by admin|19 January 202319 January 2023|IPO

Following the impressive market debut of Bikaji Foods, rival snacks behemoth Haldiram's is eyeing an initial public offering (IPO) in the next 18 months, CNBC TV-18 reported, citing sources, on November 18. In the run-up to the IPO, the Haldiram family...

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