Notably, almost 50% of IPOs have been primary tranche issuances, signaling that companies are raising fresh capital to expand their businesses or pay off debt. This demonstrates promoters’ confidence in the future prospects of their companies and their belief in the ability of the Indian market to fund their growth aspirations.
Roshni Nadar Malhotra to become third richest Indian after dad Shiv Nadar gifts HCL stake
Roshni Nadar Malhotra becomes India’s third-richest individual after receiving a 47% stake in HCL Corporation and Vama Delhi from her father, Shiv Nadar. The succession