Through the IPO, Burger King has raised Rs 450 crore, which will be used to rollout new outlets and retire debt.
CA will talk to the IPL franchise owners on this arrangement but conceded that it will not be a simple thing.
The buzz in the IPO market continues with four companies launching their initial share sales this week to raise over Rs 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 mobilise Rs 3,614 crore. So far in the current fiscal, 16 companies have raised Rs 30,666 crore through IPOs against Rs 31,277 crore by 30 firms in the entire 2020-21. Going forward, market analysts expect the IPO environment to remain buzzing during the entire 2021-22.
Diana wanted to give away IPL winners' trophy but eventually convention followed
Vidarbha earned three valuable points thanks to the significant contribution made by their lower middle-order as they went past Tamil Nadu's first innings score on the final day of their Ranji Trophy Group B match.
Former India batsman Hemang Badani scored a fighting, unbeaten 84 while Shalabh Shrivastava a sedate 63 to help Vidarbha post 219 for 8 against Baroda on the opening day of their Ranji Trophy Group B match in Vadodara, on Friday. Badani's patient 84 came off 221 balls while Shrivastava faced 129 deliveries during his impressive knock.
Vidarbha closed in on Maharashtra's first-innings total of 282 after left-arm pacer Shrikant Wagh shone with a five-wicket haul in their Group B Ranji Trophy match, in Nagpur, on Sunday.
Baroda took control of their Group B Ranji Trophy match after bowling out Vidarbha for 264 on the second day Vadodara.
Equity investors grew richer by Rs 32.49 lakh crore in 2020 on the back of smart returns in the stock market which had a roller-coaster ride during the year hit by the coronavirus pandemic. The COVID-19 outbreak ravaged lives and livelihoods on a global scale, shuttering businesses and jolting world equities. But amid all the gloom, Indian stock indices gave hope of returning to winning ways towards the latter part of the year.
Yes Bank and Tata Motors were the biggest losers in the Sensex pack, slumping 8 per cent.
Former Indian women cricket team coach Tushar Arothe was arrested in Vadodara in connection with Indian Premier League betting.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
GaneshaSpeaks today offers astrological predictions across media like the Internet and mobile phone. The astrologers are specially trained for delivering instant service.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Former internationals Rohan Gavaskar, Deep Dasgupta and Hemang Badani are among 101 cricketers who have severed links with the rebel Indian Cricket League and applied to the Board of Control for Cricket in India to return to the fold under the amnesty scheme that ended May 31. Seventy-nine current and 11 former Test cricketers -- including ex-captain Ajit Wadekar and off-spin legend Erapalli Prasanna -- have taken advantage of the amnesty scheme.
The biggest gainers in the Sensex pack were Sun Pharma, Bajaj Finance, Vedanta, Yes Bank, ICICI Bank, HDFC, Tata Motors, HCL Tech, IndusInd Bank and Axis Bank, rising up to 2.98 per cent.
The biggest gainers on both bourses were Bharti Airtel, HDFC duo, L&T, Bajaj Auto, Kotak Bank, Reliance Industries, Axis Bank, ICICI Bank, SBI, ITC and Bajaj Finance, rising up to 4 per cent.
A well compiled half century from Hemang Badani helped Chennai Superstars to defeat Delhi Giants by five runs in the ICL 20s Championship at Tau Devi Lal stadium in Gurgaon on Friday night.
Chennai Superstars scored a convincing 22-run victory over Ahmedabad Rockets to make sure of a place in the semi-finals in the Indian Cricket League's Edelweiss 20s Challenge.
'Some of the associations have not got funds for three years and they don't have reserves while others have done infrastructural work by digging into fixed deposits. Now they are supposed to get at least 105 crores (Rs 35 Cr x 3 years) plus interest. But I don't think anyone will get that kind of money at one go'
Mumbai defeated Vidarbha by six wickets in their Super League Group B match of the Syed Mushtaq Ali T20 tournament, in Indore, on Monday.
Valuable century knocks by former India player Hemang K Badani and Vasanth Saravanan helped Chennai Superstars clinch a six-wicket victory over Kolkata Tigers in a high-scoring match of Indian Cricket League domestic tournament in Chennai on Wednesday.
ITC was the biggest gainer in the Sensex pack, rallying 3.14 per cent. Maruti Suzuki, Axis Bank, Hero MotoCorp, Vedanta, Asian Paints, M&M, HUL, Bajaj Auto and PowerGrid were among the other top gainers, rising up to 2.13 per cent.
A blistering 86 not out by Rajagopal Sathish helped Chennai Superstars beat Kolkata Tigers by 32 runs and finish third in the ICL's Twenty20 tournament in Panchkula, Haryana, on Friday. The 27-year-old right-hander scored his runs off just 42 balls.
Former India player Hemang Badani cracked an unbeaten 88 to help Chennai Superstars score a two-wicket win over Hyderabad Heroes in their second match of the six-team Indian Cricket League domestic 50-over-a-side one day cricket tournament at the Mayajaal grounds in Chennai on Monday
The Indian team physio will work on players' fitness to prepare them for the next season at the MRF pace academy.
Tamil Nadu, needing 276 to avoid a follow-on, were 119 for four at stumps on day 2 of the Ranji Trophy match.
The South Zone team will face the West Zone in the Duleep Trophy match at Vadodara from October 20 to 23.
Tendulkar pointed out that Mumbai's success percentage in Ranji games was 47 per cent. 'If I say it's unbelievable it's an understatement.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Rayyudu will replace Badani in the India-A squad for the Triangular One-day series in Kenya.
The defending champions retained the title by virtue of their first innings lead against Tamil Nadu in the Elite championship final.
Former Test cricketer Sandeep Patil was selected coach.
Sectorally, telecom, realty, auto and banks were among the top losers, shedding as much as 2.22 per cent.
The duo put on 193 runs for the unfinished third wicket as Tamil Nadu amassed 261 for 2 against Delhi on day 1 in the Ranji Trophy match.
Bengal, chasing 497 to win, were 109 for 3 in the second innings in the Ranji Trophy match.
Tamil Nadu were 202 for 5 in the second innings, ahead by only 47 runs, after day three of the Ranji Trophy match.