BENGALURU, July 23 ― In the first stock market listing of an Indian startup valued at more than US$1 billion , shares of food delivery firm Zomato Ltd opened at a 52.6 per cent premium to their offer price today, gaining a market valuation of about US$12 billion.
The company is offering 1.23 billion shares for sale at the higher end of its price band, with the size of the IPO coming up to 93.75 billion rupees.
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India raids media companies critical of government | Malay MailNEW DELHI, July 22 — Indian tax authorities today raided a prominent newspaper and a TV channel that have been critical of the government’s handling of the coronavirus pandemic, triggering accusations of intimidation. There was no official comment from authorities on the raids against...
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India raids media companies critical of government | Malay MailNEW DELHI, July 23 — Indian tax authorities on Thursday raided a prominent newspaper and a TV channel that have been critical of the government’s handling of the coronavirus pandemic, triggering accusations of intimidation. There was no official comment from authorities on the raids against... moody modi, what's next?
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