As many as seven companies, including Softbank-backed e-commerce firm Meesho and Temasek-backed e-commerce enablement platform Shiprocket, have secured Sebi’s approval to raise nearly Rs 7,700 crore collectively, through initial public offerings (IPO), an update with the markets regulator showed on…
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The Bombay Stock Exchange (BSE) said on Monday that it resolved 143 investor complaints against 90 companies during the month of October.
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Lenskart’s $821 million IPO sold out quickly, but its valuation has raised concerns about Indian startups being overvalued. Despite strong demand, analysts worry mutual funds are paying steep prices for unprofitable companies, echoing past IPO debacles like Paytm. While Lenskart’s…
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In a release, the ICAI said the suggestions are for having prudent tax reforms aimed at facilitating ease of doing business and encouraging environmental sustainability.
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A bench led by Justice JB Pardiwala upheld the January order of the Chandigarh bench of the Customs, Excise And Service Tax Appellate Tribunal (CESTAT) that quashed the department’s demand including penalty against Bharti Airtel.
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Tata Consumer Products experienced significant sales disruption for brands like Capital Foods and Organic India during the GST rate cut transition, exceeding expectations. While the ready-to-drink business remained unaffected due to impulse buying, other categories saw a slowdown as trade…
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