Several regional companies like PN Gadgil, Arkade Developers, and Manoj Vaibhav Gems N Jewellers have recently launched IPOs, with some outperforming their national peers. These businesses attract private equity due to their strong local market expertise but face risks such as high business concentration and limited market size.
Bharti Airtel transfers 69.94% stake in Airtel Payments bank to Airtel Ltd
Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.