"ipo"

The 65-year-old LIC, which is soon going for its IPO, has warned stringent legal or civil action against any person found misusing its official logo, in a post on Friday.

The IPO offer comprises a fresh issue of up to Rs 50 crore and an offer for sale of up to 1,09,85,444 equity shares by promoters and investors.

Proceeds from the fresh issue will be used to repay debt of the company and its subsidiaries.

According to a TechCrunch report, Delhivery disclosed the finding in its latest regulatory filing that has been led by US-headquartered investment firm Fidelity.

The Noida-based firm, which had an astonishing rise after demonetisation in 2016, is betting on financial services, commerce and payments as three key focus areas.

Proceeds will be mainly used to repay dues amid the aviation industry facing strong headwinds

In a draft red herring prospectus (DRHP) filed with the market regulator, Zomato said it aims to raise Rs 8,250 crore in capital by offering the company's equity shares for sale.

"This is incorrect. Wouldn't typically comment on speculation, but had to in order to stop the barrage of phone calls from the press and friends/family. Back to work," he tweeted.

Reports surfaced last month that in a bid to enter the competitive social media market, Microsoft may acquire popular chat and communications platform Discord for more than $10 billion.

On the long-term growth story of India, he said the economy is expected to record double digit growth next financial year.

According to merchant banking sources, the IPO is expected to fetch Rs 700 crore.

The new valuation marks an increase from $3.9 billion valuation of Zomato in December.

The shares were set to trade on the Nasdaq Global Select Market on Thursday under the symbol "BMBL".

Targeting to raise Rs 1.75 lakh crore from the asset sale to finance projects aimed at reviving the pandemic battered economy, the government is also looking to sell Shipping Corp of India (SCI), IDBI Bank Ltd

WeWork's board and its Chief Executive Sandeep Mathrani have been weighing offers from a SPAC affiliated with Bow Capital Management LLC and at least one other unidentified acquisition vehicle for several weeks," the report said

The offering would include equity shares aggregating up to Rs 1,500 crore and offer of sale of up to Rs 5,800 crore by the promoter BCP Topco VII Pte Ltd.

This would be the third IPO this year after IRFC which is currently open for public subscription, and Indigo Paints, which would be launched on January 20

Burger King India's share sale was subscribed a massive 156.65 times earlier this month.

The government plans to sell minority stake in the insurance behemoth and list it on the bourses

Of the 70 anchor investors, major investors that were allotted equity shares include Small Cap World Fund with 6.62 per cent of shares, Government Of Singapore with 5.32 per cent