Of the 59 IPOs for which the data is available, 36 IPOs received mega responses of more than 10x (of which, six IPOs more than 100x), while eight IPOs were oversubscribed more than 3x.
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.
Amit Singhal had joined Uber in January as senior vice president of engineering after working for 15 years at Google, where he oversaw the internet giant's search efforts.
Calling a "matter of serious concern" the registration of FIRs under Section 66A of the Information Technology Act it had scrapped in 2015, The Supreme Court on Tuesday asked the chief secretaries of states concerned to take back the cases within three weeks.
In 2013, weeks after getting bail in a case of alleged cheating in Kerala, Amway India's then managing director, William Scott Pinckney, declared that the company was aiming to hit revenues of Rs 10,000 crore in India in a decade. Fast forward to 2021, and Milind Pant, Amway's global CEO, announced that the company has designated India as one among the top three markets for growth and investment (after US and China), and is now looking at hitting revenues of Rs 20,000 crore over the long term.
Empty bottles of liquor were discovered inside the premises of the legislature in dry Bihar, in a fresh embarrassment to the Nitish Kumar government in the state, which has been drawing flak over recent hooch tragedies that have claimed more than 40 lives.
A total of 44 candidates have scored 100 percentile in the engineering entrance exam JEE-Main this year while 18 candidates have shared the top rank, ministry of education officials said on Tuesday at midnight.
The Supreme Court on Monday termed as 'amazing' and 'shocking' that people are still being booked under the Section 66A of the Information Technology Act, which was scrapped by the apex court verdict in 2015.
The cryptocurrency industry on Wednesday urged the government to take a nuanced approach towards regulating crypto assets in India and asked investors in the country to remain calm and not arrive at a rushed conclusion, a day after the government listed for introduction a Bill to ban all such cryptocurrencies, with some exceptions.
A family man, a confident investor, someone who was sure two decades ago that India and its stock market were going to boom. T N Ninan recalls his chats with Rakesh Jhunjhunwala.
Women are a minuscule minority of those arrested under the IT Act.
Himanta Biswa Sarma -- who is also the North East Democratic Alliance convenor -- took the oath of office and secrecy in Assamese.
Her bohemian style makes one wonder if she is a hippie at heart!
A special court here on Saturday granted bail to alleged drug peddler Aachit Kumar and eight others who were arrested by the NCB following a raid on a cruise ship off the Mumbai coast and seizure of drugs.
Rediff readers tell us how they are celebrating Ganeshotsav this year.
Gujarat, Kerala and Tamil Nadu have topped an index that ranks states on food safety parameters for the 2020-21 year, according to an FSSAI report unveiled by Health Minister Mansukh Mandaviya on Monday. The index ranks states on five parameters of food safety: human resources and institutional data, compliance, food testing facility, training and capacity building besides consumer empowerment. Gujarat, Kerala and Tamil Nadu have topped in the list of large states on the index.
With this, the anti-drugs agency has so far arrested 17 people in the case, including Bollywood superstar Shah Rukh Khan's son Aryan Khan, and some "high-profile organisers" belonging to a Delhi-based event management company.
Uttar Pradesh Chief Minister Yogi Adityanath on Wednesday performed a 'Shila Pujan' of the sanctum sanctorum of the Ram temple and said the temple will be a "symbol of people's belief".
The probe into alleged tax evasion and holding of directorship in multiple firms against the former banker pertains to a time period between 2015-17, they said.
'If you were to say today that the government should appoint judges to the high courts and Supreme Court, then I think that even those few good judges that we are getting today we would not get them.'
The war in Ukraine has made its presence felt at the World Economic Forum's annual meeting in Davos. As political and business leaders' debate, they remain fearful of Europe's economic future. There is a sense of gloom among many business leaders as energy shortage and economic recession rear their heads. Global investors are keenly assessing the presence of Indian delegation at Davos.
Get inspired by these top trends straight from the FDCI x Lakme Fashion Week runway.
The expansion was the first by Sarma since he assumed chief ministership of the state about 13 months ago.
The trouble for Ashok Lavasa's family began a few months back when his wife, Novel Singhal Lavasa, came under the scanner of the income tax department on charges of alleged tax evasion.
FDCI x Lakme Fashion Week is back with a promising line up of models.
A few days ago, Reliance Retail surprised the market by acquiring the Campa brand from Delhi-based Pure Drinks Ltd for Rs 22 crore. A successful cola brand in the eighties, especially in North India, Campa Cola thrived when Coke exited India in the late seventies. When the Atlanta-based major returned and PepsiCo set base in India, it went down fighting.
Gujarat Chief Minister Anandiben Patel and Governor O P Kohli were also present at the meeting.
The ministry of home affairs has requested states and Union Territories (UTs) to direct all police stations under their jurisdiction not to register cases under the repealed Section 66A of the Information Technology Act, 2000, a home ministry statement said.
The Delhi Police on Tuesday said protesting farmers violated the conditions pre-agreed for their tractor parade and indulge in violence and vandalism, leaving 83 of its personnel injured.
'Candid shots during a luncheon with family,' tweeted Mithali, who turned 38 on Thursday.
Gearing up for the upcoming state assembly polls, the Bharatiya Janata Partyon Wednesday named its organisational spearheads for the elections, putting Union ministers Dharmendra Pradhan, Pralhad Joshi, Gajendra Singh Shekhawat and Bhupender Yadav in charge for the contest in Uttar Pradesh, Uttarakhand, Punjab and Manipur respectively.
A railway station and a police vehicle were torched and several law enforcers injured in stone-pelting incidents on the fourth consecutive day of protests against Agnipath scheme on Saturday when a bandh was also called to press for the demand for rollback of the new scheme for recruitment in armed forces.
'It's amazing how the mommy brain can do so many things at the same time.'
Ira Singhal, the country's first differently-abled UPSC topper shares her secret to success and her big plans for India.
Discussing the prospect of more reform earlier this month, telecom minister Ashwini Vaishnaw announced a delay in the 5G spectrum auction. India's telecom sector regulation has to be benchmarked with the global best, he said. It's another matter that many countries have either introduced or are about to roll out 5G services that will enable cutting-edge tech in diverse areas. For India, too, it will mean a lot for healthcare, robotics and unleashing a new chapter in Digital India perhaps.
A Lakme Fashion Week regular, Shriya is a lovely breath of fresh air.
Addressing the Sena workers in Mumbai for the second consecutive day, he also said that doors of the state and party are closed for the rebels MLAs.
We asked you, dear readers, to send us videos of your school-going children singing the National Anthem.
In a surprise move, Gujarat government on Wednesday reinstated suspended IPS officer G L Singhal, an accused in Ishrat Jahan fake encounter case whose recording of phone conversations had brought to light the snooping scandal allegedly involving Narendra Modi aide Amit Shah.
The Tatas have the know-how to quickly close deals which can otherwise get caught in legal wrangle. In 2018, on the day the National Company Law Tribunal declared Tata Steel as the winner of the bid for bankrupt Bhushan Steel, Bhushan promoter Neeraj Singhal was planning to file for a stay order. He did get the case listed for the following day, but the judge did not admit it, deferring it until the following week. The Tatas used the narrow window of 48 hours to close the deal and take control of the company.
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