Stating that the valuation could vary on the basis of merchant/user attrition to the tune of 10-30% and a hit to net revenues of 20-45%, Jefferies said the news on regulatory actions on other pending issues is still incoming.
ICICI Prudential AMC’s IPO is open for subscription, with Nimesh Shah expecting profitability pressures from growing AUM to be offset by falling unitholder fees. He
KSH International plans to raise ₹420 crore via fresh equity for capacity expansion and debt repayment, alongside a ₹290 crore offer for sale. The company,
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