Pine Labs, an Indian fintech company, has reduced its initial public offering size. Existing investors will sell fewer shares, and the company will raise less new capital. The IPO is scheduled for November 7 to November 11. This move comes as India sees a busy primary market with several other tech firms also planning listings.
Vodafone Idea shares jump 5% as JSW, ST Telemedia eye stake in the telco
Vodafone Idea shares rose ahrply on Monday after ET reported that JSW Group and ST Telemedia are exploring a potential stake in the telecom operator.