Pre-initial public offering (IPO) allotments have lost favour amid buoyancy in the market and increase in average float size this year. Illustration: Dominic Xavier/Rediff.com After hitting a......
Kotak Mahindra Bank on Tuesday announced that its joint managing director K V S Manian, a veteran at the private sector lender, has stepped down with immediate effect. Manian, who had been with the......
Benchmark equity indices Sensex and Nifty declined on Wednesday, dragged down by banking and financial stocks amid weak trends in global markets. Photograph: Arko Datta/Reuters Besides, weak......
The fee pocketed by investment banks for handling equity share sales stood at $244 million during the first half of calendar year 2024. Illustration: Dominic Xavier/Rediff.com This was the......
Draft Red Herring Prospectus (DRHP) filing continued to be robust in October, signifying the optimism in the initial public offer (IPO) market despite the recent turbulence in equities.......