Initial Public Offering (IPO)

Ratan Tata’s Wealth: Foundation, Staff Benefits, and Shantanu Naidu’s Exemption

The late Ratan Tata's estate, valued at approximately ₹10,000 crore, is poised to be primarily funneled through the Ratan Tata Endowment Foundation (RTEF), ensuring his commitment to philanthropy endures. The Ratan Tata Endowment Foundation (RTEF), founded in 2022 as a Section 8 company dedicated to non-profit causes, is set to...

Bombay Stock Exchange Shares Surge Over 13% Amid Record Highs and Upcoming NSE IPO

Shares of the Bombay Stock Exchange Ltd. (BSE) surged over 13% on Wednesday, reaching record highs and marking gains in three out of the last four trading sessions. The stock has climbed 32% over the past four sessions, following an impressive 18% jump on Monday. Despite a slight 3% decline...

Ola Electric’s IPO: Initial Subscription At 0.38 Times With Retail Portion Over-Subscribed

The much-anticipated Initial Public Offering (IPO) of Ola Electric Mobility was subscribed 0.38 times by the end of Day 1. The portion reserved for retail investors was subscribed 1.7 times, according to publicly available data. The IPO opened today and will continue until Tuesday. Bengaluru-based Ola Electric, a pure electric...