Ravindra Sonavane
Stories by Ravindra Sonavane
IndiaMart InterMESH makes stock market debut, lists at 21% premium
The business-to business online platform’s Rs475 crore initial public offer (IPO) was subscribed 36.16 times last week.
Dr Reddy’s signs pact to sell neurology branded products to Usher-Smith
Dr Reddy's will receive $70 million as upfront consideration.
India: Chalet Hotels shares jump 4% on stock market debut
The Chalet Hotels IPO comprises a fresh issue of ₹950 crore and a secondary market sale of 246.85 crore shares by the promoter group.
India: Amber Enterprises shares rise over 37% on stock market debut
The manufacturer of air conditioners raised Rs600 crore via the IPO, which closed on 19 January.
India: Bharat Financial signs pact with IndusInd Bank to explore merger
Bharat Financial has 1,408 branches, 15,284 staff, 6.8 million customers and a loan book of Rs 10,971 crore.
India: CRISIL buys 8.9% stake in CARE Ratings from Canara Bank
Block deal marks Canara Bank's exit from CARE Ratings.
India: Shankara Building shares debut on stock market, gain 38% on listing
Shankara Building plans to use around 10% of the funds to retire debt and the rest for general corporate purposes.
India: Kotak Mahindra Bank to raise $825m by diluting 3.37% equity base
The funds will also help the promoters pare their stake
