The Securities and Exchange Board of India's (Sebi's) proposal to re-introduce "hard underwriting" is seen as step to boost India's moribund initial public offering (IPO) markets. The regulator has proposed that in case an IPO fails to garner full subscription, the investment banker or a third-party can buy the unsubscribed shares. This practice was common during fixed-price issues prior to 1999. However, under the new book building regime, underwriting is allowed only to the extent of shortfall due to technical rejection of bids - this is referred to as "soft underwriting" and is rarely invoked.
Former Australia captain Ricky Ponting rates Sachin Tendulkar as technically the best batter he ever played against. The legendary Indian cricketer, he says, always found a way to combat anything the bowlers threw at him.
Sania Mirza ended her career with first round defeat at WTA Dubai event.
The high court said there was no infirmity in the order passed by a trial court recommending the extradition of accused Bernd Alexander Bruno Wehnelt to face trial for the offences under the German Criminal Code.
Taxing the rich will fetch nothing; only votes, argues Debashis Basu.
The ED said its investigation also revealed that from 2019 to 2022, the sale of 'unaccounted illicit' liquor was almost 30-40 per cent of the total liquor sale in the state.
Abdu will make his Bollywood debut in Salman Khan's film Kisi Ka Bhai Kisi Ki Jaan.
"Cameroon have beaten Brazil before, yes. So it's not completely out there," Song said.
Wimbledon finalist Nick Kyrgios is one match away from a first Grand Slam title but his brother, Christos, said on Sunday the Australian is already a champion in his family's eyes after winning an off-court battle with his inner demons.
Deepa Gahlot picks the top 10 Karan Johar films -- some that he directed and others that he produced or co-produced -- that you can watch on steaming platforms.
Of late, crime, politics, corruption and hate have been leaking out of every streaming platform. By the time Garmi drops, fatigue has already set in, observes Deepa Gahlot.
Novak Djokovic beat Casper Ruud in the French Open final to win a men's record-extending 23rd Grand Slam title.
Australia selectors have always been ruthless when it comes to shaking up squads for major tournaments and the Twenty20 side is primed for an overhaul following their exit from the World Cup on home soil, former opener Matthew Hayden said.
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