The fundraising of Rs 26,272 crore, however fell short of the previous two years likely due to the absence of mega issues. Investors’ reception also remained positive with only one failed IPO.
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,
Reliance Jio’s proposed Rs 37,700-crore IPO has received Sebi approval, bringing the much-awaited listing closer. While the offering could value Jio Platforms at nearly Rs
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