Paytm shares make tepid debut; list with over 9% discount
The Hindu
Ant Group-backed Paytm’s ₹18,300 crore IPO was oversubscribed 1.89 times on the last day of India’s biggest share sale last week.
Shares of One97 Communications Ltd, Paytm's parent company, on Thursday made a tepid market debut, listing with a discount of over 9% from the issue price of ₹2,150.
The stock was listed at ₹1,955, slipping 9% from the issue price on the BSE. It then tumbled 20.67% to ₹1,705.55.
At the NSE, it debuted at ₹1,950, registering a decline of 9.30% against the issue price.
Actor Govinda joins 40-star campaigners for Shiv Sena in upcoming Municipal Corporation polls set for January 15.
New escalators are coming to foot over bridges at Chromepet and Taramani, enhancing pedestrian access and safety.
J&K Bank awarded ‘Best MSME Bank’ for excellence in MSME support and CSR initiatives at the 2025 MSME Banking Awards.
Over the decades, the Anglo-Indian Grand Christmas Ball in Chennai has stepped into many venues, from Railway enclaves to private halls. It has left an indelible mark on some of these venues, Faiz Mahal and Shiraz Hall, both in Egmore, counted among them. This Christmas Day (December 25), Faiz Mahal is playing host to yet another Grand Christmas Ball. The soiree is organised by Anglo-Indians but by no means restricted to them. In these times of dwindling Anglo-Indian presence even in enclaves with a distinctive Anglo-Indian flavour, this event signifies an effort to preserve a cultural tradition that has enriched Chennai
Bombay HC criticizes BMC for neglecting air pollution, warns against approving new mega projects without compliance measures.
CBI to challenge Supreme Court suspension of Kuldeep Sengar's life sentence in Unnao rape case, citing victim safety concerns.
Vaishnaw credits Make-in-India push for Bengaluru plant after Rahul Gandhi touts Karnataka ecosystem
Vaishnaw credits Make-in-India for Bengaluru's success, acknowledging Rahul Gandhi's praise of Karnataka's thriving business ecosystem.
A special POCSO court in Tamil Nadu has sentenced accused, Kale Biswakarma, 35, from Assam, to undergo imprisonment for remainder of his natural life in case relating to abduction and rape of an eight-year-old girl in Arambakkam in Tiruvallur district
The ‘ban’ on films at the International Film Festival of Kerala is worrying
Minister Muthusamy defends DMK as a positive force, attributing its support to effective governance and public welfare initiatives.
Madurai residents embraced the festive spirit as Christmas eve celebrations unfolded across the city on Wednesday night. Iconic churches were transformed with vibrant illumination, shimmering ornaments, and elaborate nativity displays.
ED arrests Chandra Prakash Gupta in a $15 million illegal call-center scam targeting U.S. nationals, with ongoing investigations.
Light to moderate rain expected in Tamil Nadu until December 28, with dry weather in the south and possible rain on December 30.