Singapore's Mapletree Investments buys land in Mumbai for Rs 525 crore

The Kanakia group, from which Mapletree did the purchase, had bought the plot from India Tube Mills and Metal Industries for Rs 363 crore in 2018. In one of the biggest land deals in the country......

Monte Carlo IPO bought eight times

The category meant for institutional investors was subscribed 14 times. Monte Carlo Fashions’ Rs 350-crore (Rs 3.5 billion) initial public offering saw eight times more demand than shares on......

Markets resume winning streak

The markets resumed their winning streak after snapping their 8-day run on Friday as the Sensex ended at 19,702 up 281 points, and the Nifty closed up 82 points at 5,908.The bourses opened higher......

Employees steer clear of IPOs

Employees of a company are believed to be the first to know the intricacies of the organisation, but if one goes by their response to most of the recent public offerings, it appears that they are......