Sunshine Pictures, led by Vipul Amrutlal Shah, plans to raise around ₹500 crore through an IPO. The funds will help the production house scale up amidst a tough environment in the Hindi film industry. The company intends to file a draft red herring prospectus soon.
Shares in Australia and Japan fell more than 1% in opening trade while equity index futures for Hong Kong slipped. Drops for Japanese benchmarks reflected
IPPB was set up under the Department of Post, with 100% equity owned by the government. The department has now begun discussing how much equity
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