Tata Digital has already taken board approval in the last one month to receive investment of Rs 3,462 crore over two tranches from Tata Sons. This will take the issued share capital of Tata Digital to Rs 15,934 crore, leaving the company the headway to obtain additional equity infusion of around Rs 4,000 crore.
Iran war leaves Rs 3 lakh crore IPO backlog in India. Will Reliance Jio, NSE and others end the lull soon?
India’s IPO market has slowed amid volatility and weak sentiment, despite a robust pipeline of over Rs 3 lakh crore. Companies are adopting a cautious,