Four IPOs to hit markets next week; aim to garner ₹14,628 crore
The Hindu
Nuvoco Vistas, CarTrade, Aptus Value Housing Finance, and Chemplast Sanmar will be open for public subscription this week.
The buzz in the IPO (Initial Public Offering) market continues with four companies launching their initial share sales this week to raise over ₹14,628 crore collectively. This comes after four companies — Devyani International, Krsnaa Diagnostics, Windlas Biotech and Exxaro Tiles—launched their initial share-sales last week to mobilize ₹3,614 crore. So far in the current fiscal, 16 companies have raised ₹30,666 crore through IPOs against ₹31,277 crore by 30 firms in the entire 2020-21.The Opposition Congress demanded that the government open the Gandhi Vatika Museum, depicting Mahatma Gandhi’s legacy and freedom struggle, built at a cost of ₹85 crore in Jaipur’s Central Park last year, during the Congress-led regime in Rajasthan. The museum has not been opened to the public, reportedly because of the administration’s engagements with the State Assembly and Lok Sabha elections.
Almaya Munnettam (Lay People to the Fore), group in the Ernakulam-Angamaly Archdiocese of the Syro-Malabar Church opposed to the synod-recommended Mass, rejected a circular issued by Major Archbishop Raphael Thattil and apostolic administrator Bosco Puthur on June 9 to implement the unified Mass in the archdiocese from July 3.
Pakistan coach Gary Kirsten stated that “not so great decision making” contributed to his side’s defeat to India in the Group-A T20 World Cup clash here on Sunday. The batting unit came apart in the chase, after being well placed at 72 for two. With 48 runs needed from eight overs, Pakistan found a way to panic and lose. “Maybe not so great decision making,” Kirsten said at the post-match press conference, when asked to explain the loss.