The Rs 640-crore IPO of Updater Services was subscribed 2.9 times overall at the close. The issue comprised fresh equity of Rs 400 crore and an offer for sale (OFS) of 80 lakh shares by promoter and other selling shareholders
Markets may enter a consolidation phase despite a better-than-expected Q4, says Sneha Poddar of Motilal Oswal. She expects real earnings momentum to emerge only in
Warren Buffett’s Berkshire Hathaway largely avoids REITs due to their tax structure and the company’s investment philosophy, which prioritizes high unleveraged returns. However, Indian REITs
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