The National Stock Exchange of India has appointed 20 merchant bankers and eight law firms for its upcoming initial public offering (IPO). The IPO will be an offer for sale, with existing shareholders expected to offload approximately 4-4.5% of the exchange’s equity. NSE is currently valued at around ₹5 lakh crore in the unlisted market.
Food delivery, QSR stocks slip on LPG shortage fears
Restaurant and delivery platform stocks saw a dip on Thursday. A shortage of commercial LPG cylinders is disrupting operations. This is impacting kitchen functions in