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Jio Platforms IPO: Price band fixed at ₹1,065– ₹1,119 per share; minimum bid lot set at 12 shares
Jio Platforms has set its IPO price band at ₹1,065– ₹1,119 per share. At the upper end, the offering could raise about ₹30,213 crore, potentially…
Ahead of Market: 10 things that will decide stock market action on Thursday
Sensex and Nifty ended lower on Wednesday as investors booked profits after the previous session’s rally, with caution ahead of US inflation data weighing on…
Reliance enters ready-to-drink dairy category with flavoured Milk at ₹20, to compete with Amul, ITC, Mother Diary
Reliance Consumer Products launched flavoured milk, Joyland, available in three variants, vanilla, strawberry and pistachio, in Tamil Nadu. It marks their entry into the ready-to-drink…
IDBI Bank stake sale: Will Fairfax’s entry benefit minority shareholders? What investors should know
Fairfax Financial Holdings, founded by Prem Watsa, won approval to acquire a 60.72% stake in IDBI Bank for ₹52,877 crore. The strategic partnership is expected…
Jio Platforms IPO to raise $3.2bn, opens 21 Oct
While the company has not cut the number of shares on offer, with the IPO still comprising of 270 million new shares, the offer is…
Reliance Jio IPO has good news for eligible employees! Reservation of shares worth up to ₹500 crore confirmed
Jio Platforms’ IPO will reserve up to ₹500 crore for eligible employees. The mega issue will open for subscription on Wednesday, October 21, and close…
IDBI Bank stake sale to Fairfax raises job security concerns; Finance Ministry assures staff protection
Fairfax will acquire a majority stake in IDBI Bank after Cabinet approval, sparking concerns about job security and staff welfare. Here's what the government said…
Jio announces price band for over Rs 30,000 crore IPO. Check key dates, GMP and other details
Jio has set the price band for its much-awaited IPO at Rs 1,065-1,119 per share. At the lower end of the price band, Jio Platforms…
Akash, Isha Ambani's birthday to mark close of Reliance Jio's mega IPO
Akash and Isha Ambani’s birthday on October 23 coincides with the closing day of Reliance Jio’s Rs 30,000 crore IPO. The listing marks a milestone…
Jio IPO to open on October 21: 10 things to know about the Rs 30,000 crore mega issue
Jio Platforms will open its Rs 30,000 crore IPO for subscription on October 21, with anchor investor bidding scheduled for October 19. The issue could…
Netflix layoffs: 1,000 jobs to go as streaming giant expands into ads, live sports and gaming
Netflix layoffs: Netflix is reportedly planning to cut about 6% of its workforce, or roughly 1,000 jobs, in its biggest round of layoffs since 2022.…
