IPOs IndiGo, Infibeam, Teamlease looking to raise over Rs 3000 cr
In a big day for Initial Public Offers, at least three companies — low-cost carrier IndiGo, staffing firm Teamlease and e-retailer Infibeam — have lined up public offers to raise an estimated over Rs 3,000 crore from investors. Merchant banking sources said the draft papers for all... read more »
Relief for Nestle India as Bombay HC allows it to export Maggi
Nestle India’s senior counsel Iqbal Chagla informed the division bench of justice VM Kanade and justice BP Colabawala that 40,000 crore packets were to be recalled from across the country. He added 17,000 crore packets have already been destroyed and also assured the court that the process... read more »
Jayalalithaa wins big in RK Nagar by-poll, defeats CPI’s Mahendran by...
Tamil Nadu Chief Minister and AIADMK chief J Jayalalithaa trounced her nearest rival and CPI candidate C Mahendran with a huge margin of over 1.5 lakh votes as the results for Radha Krishnan Nagar assembly seat by-election was declared on Tuesday. As per reports, Jayalalithaa polled 160,432 votes... read more »
Over 100 students fall ill after consuming mid-day meal
More than 100 students of a government school in Bihar fell ill on Monday after consuming a mid-day meal in the state’s Jhanjharpur town. Students started fainting, vomiting and complained of diarrhea about half an hour after consuming the meal. The children were reportedly admitted to the... read more »
