Paytm's Rs 18,300 crore IPO was oversubscribed 1.89 times on the last day of India's biggest share sale on Wednesday, making it one of the country's most valued companies. The initial public offering of Paytm's parent company One97 Communications Ltd received bids for 9.14 crore equity shares against the offer size of 4.83 crore shares, according to information available from stock exchanges. While the portion set aside for retail investors was oversubscribed early, institutional buyers including FIIs flooded the share sale with offers on Wednesday, seeking 2.79 times the number of shares reserved for them.
The explosion took place in the Lucknow collectorate in Hazratganj, near the district magistrate's office and barely a kilometre from the Uttar Pradesh Vidhan Sabha.
Any Indian government at this juncture would have voted and spoken exactly this way. It isn't just about the vast Indian dependence on Russian-origin military equipment. It is also about trust, asserts Shekhar Gupta.
'The Congress can exist without (someone from) the Nehru-Gandhi family being its president.'
'I cannot be confined to just one or two kinds of music.'
Joginder Tuteja looks at the big October hits in the past decade.
Angry protesters allegedly forced the two vehicles to stop and set them on fire.
As the news of the children's death came in, locals forced closure of shops and other business establishments in Chitrakoot town
Would Ukraine be such a pushover if it had that nuclear stockpile?' asks Shekhar Gupta.
What do Rekha, Sunny Leone and Tiger Shroff have in common?
Following the postmortem at All India Institute of Medical Sciences, police on Thursday registered a case of murder and transferred it to the Crime Branch for investigation, a senior officer said.
Get your low-down on what's happening in the world of Bollywood, right here!
Shukla was arrested on April 26 on charges of Tiwari's murder, citing a "turbulent and unhappy" marriage as the motive.
Fabiano Caruana of United States made sure of his maiden title after beating Jan-Krzysztof Duda of Poland.
With the BJP continuing to be the constant combatant, centrifugal pressures will rise. Fractured relations between the Centre and the states as between BJP and non-BJP ruled states is a sizeable risk owing ahead, warns Shekhar Gupta.
For the first time, Akhilesh is leading the SP almost single-handed into a major election, but he is not the only one running the show Shikha Shalini reports.
Congress general secretary Priyanka Gandhi Vadra on Friday visited Prime Minister Narendra Modi's constituency, meeting activists held during protests against the amended Citizenship Act and accusing the government of acting against the Constitution.
To beat BJP, you either deny them a critical mass of Hindu vote or build a regional leader and party strong enough to protect their turf, observes Shekhar Gupta.
According to its DRHP filed in 2010, the company's net worth was just Rs 140 crore. Its total income for the financial year 2009-10 stood at Rs 119 crore and it had a net profit of Rs 16 crore. In sharp contrast, at the end of March 2021, Paytm's networth was Rs 6,535 crore and total income stood at Rs 3,187 crore.
Long before he launched Paytm, Vijay Shankar Sharma, a 32 year old from Aligarh, embarked on his ambitious entrepreneurial journey.
'Politics has risen around Padmavati, but the film has nothing political in it.'
Punjab faces many mortal threats. For most of these the people of Punjab are themselves responsible. And unless they take a brutal hard look within, their future generations have to be resigned to continue living with this constant slide, warns Shekhar Gupta.
The police have booked her under sections 124 A(sedition), 153A (promoting enmity between different groups on ground of religion), 500(defamation) and 505 (intent to incite) of the Indian Penal Code and section 66 of the IT Act, he said.
Five-time World champion Viswanathan Anand gave a fine endgame lesson to young Alireza Firouzja, jumping to joint sixth position at the end of 11th round of Tata Steel Masters, in Wijk Aan Zee, The Netherlands, on Saturday. With his second victory, Anand clawed his way back to a fifty percent score and will now hope to end the tournament on a high. At just 16 years, Firouzja is less than one third of Anand's age, and the Indian ace showed that the Iranian still has a lot to learn.
In yet another jolt to the Bharatiya Janata Party, the party's Alipurduar district president, Ganga Prasad Sharma, joined the Trinamool Congress on Monday, as senior leader of the state's ruling party Mukul Roy, who also switched sides two weeks ago, claimed that this was the 'beginning of the saffron party's end' in the state.
Alireza Firouzja remained in joint lead with Caruana on 5.5 points and these two are now ahead of Wesley So of United States and Jorden Van Foreest of Holland.
Doordarshan will telecast Ramanand Sagar's 1987 series from March 28.
There are so many female-oriented movies, from Mother India to Arth to Pink. But there are some absolute gems that never got their due.
As we mark the 34th death anniversary of Shankar -- of the legendary Shankar-Jaikishan duo -- Subhash K Jha selects five evergreen songs from their greatest hits.
It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.
The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.
Boosted by significant contributions, the Indian Cricketers' Association (ICA) has managed to raise Rs 78 lakh and will provide financial assistance to 57 needy cricketers as they battle the COVID-19 pandemic. The ICA had originally planned to help 25-30 former players, who are struggling for funds amid the health crisis.
The Mumbai police has sent a letter to Yash Raj Films, seeking details of the contracts it had signed with him.
Food delivery platform Zomato's initial public offering was oversubscribed on the opening day on Wednesday with retail investors bidding for 2.7 times the number of shares reserved for them. The offer received bids for 75.60 crore equity shares against an IPO size of 71.92 crore, stock exchange data showed. Retail investors sought 2.69 times the portion reserved for them. Against 12.95 crore shares reserved for retail individual investors, 34.88 crore shares were bid by 1700 hours.
From Utsav to Heartless, Shekhar Suman has come a long way. He looks back.
The CSIR DG said the transmissibility of the new strain N501Y is a "bit higher" but this does not mean it is more lethal and more people are going to die due to it.
Even if the Paytm fiasco does not mark the end of the bull run, at least some sanity will return to the wild IPO market, observes Debashis Basu.
After 26 years, Aditya Chopra is set to direct DDLJ again and it will mark his debut as a director on Broadway.
Presenting the hottest showstoppers from India Fashion Week.
'You were looking for perfection in an incurably imperfect world,' mourns Subhash K Jha who knew Sushant Singh Rajput well.
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