Indian manufacturing firm Zetwerk Pvt is planning an initial public offering in Mumbai, aiming to raise at least $500 million. The company is working with several banks and could be valued at around $5 billion. Zetwerk aims to list this year and is backed by investors including Peak XV Partners and Lightspeed India Partners.
Tata Motors CV arm listing date announced. Check details
Tata Motors’ commercial vehicle arm (TMCV) will debut on exchanges on November 12, completing the automaker’s demerger into two listed entities—one for CVs and another