By Nupur Anand MUMBAI (Reuters) -India’s largest private health insurer Star Health will cut the offer for sale portion of its IPO after the offering received a tepid response in its subscription period ending on Thursday, a source said. The IPO was subscribed at just 79%, getting bids worth $427.37 million, despite it extending the …
Indian insurer Star Health cuts IPO size after tepid subscription Read More »
By Vishwadha Chander BENGALURU (Reuters) – Indian shares ended lower on Friday, dragged down by most major sector indexes and heavyweights Reliance and Kotak Mahindra Bank, while concerns around two cases of the Omicron coronavirus variant in the country further weighed on sentiment. The blue-chip NSE Nifty 50 index ended 1.18% down at 17,196.70 and …
Indian shares end lower on Omicron uncertainty, Reliance drag Read More »
By Sudarshan Varadhan NEW DELHI (Reuters) -State-run Coal India auctioned 3.2 million tonnes of coal exclusively for the non-power sector in November, a senior company official said, more than five times the volume auctioned a year earlier and about eight times the allocation in September. Coal India had temporarily paused auctions of coal to non-power …
Coal India auction to non-power sector up sharply Read More »
