Afcons Infrastructure’s billion-dollar IPO, the largest in over two years, is set to launch in early October. The Shapoorji Pallonji Group’s engineering arm may increase the issue size to ₹8,400 crore. Proceeds will fund capital expenditure, working capital needs, and debt repayment. ICICI Securities and others are managing the issue.
Sebi plans simpler rulebook for stock exchanges, doing away with obsolete provisions
Sebi is simplifying stock exchange rules to boost business ease. The regulator plans to consolidate multiple circulars into a single master document, removing outdated provisions