Record fresh capital raised via IPOs this year points to capex revival

September 26, 2023

About half the initial public offerings proceeds of ₹27,435 crore garnered or announced in 2023 are fresh issues, meaning the funds will go into the capital structure of the issuers to either finance capital assets or retire existing debt earlier garnered to build capacities.

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Govt seeks House nod for extra ₹51,463 cr spending

The Indian government has sought parliamentary approval for an additional net expenditure of ₹51,463 crore for the current fiscal year, on top of a previous

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NCLAT upholds ICICI Securities delisting, dismisses minority shareholder objections

The NCLAT upheld the NCLT’s approval of ICICI Securities’ delisting, dismissing appeals by Quantum Mutual Fund and Manu Rishi Guptha. The tribunal ruled that objections

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