Initial share sales are set to dazzle the Dalal Street in 2022 too as companies are expected to garner up to Rs 1.5 lakh crore in the New Year, continuing with the bullish momentum after 2021 turned out to be the best IPO year in two decades for the Indian market. Excessive liquidity and increased retail investor participation ensured a persistent euphoria in the Initial Public Offer (IPO) space wherein companies mopped up more than Rs 1.2 lakh crore this year even as pandemic gloom shadowed the broader economy. In 2022, the higher amount of funds through the primary market will be largely driven by the mega IPO of state-owned Life Insurance Corp (LIC).
The government on Saturday allocated Rs 2826.92 crore to the sports budget for the next financial year, which is up by a mere Rs 50 crore from the revised estimates of 2019-20. The government gave a substantial hike of Rs 291.42 crore to its flagship Khelo India programme for development of sports at the grassroot and youth level, which meant that most of the other heads got reduced allocation in an Olympic year.
The October 28 decision of the President rejecting the plea is based on an opinion rendered by the Election Commission, the poll panel said.
The minister deleted his tweet and wrote, "It's not a question of supporting any group. Just let's not take the law into our hands."
The impact of the COVID-19 pandemic was felt on the national sports budget as the central government on Monday allocated Rs 2596.14 crore for the financial year 2021-22 -- a reduction of Rs 230.78 crore when compared to the amount earmarked initially for the previous year.
Mithali Raj will lead the India Blue team in the Senior Women's T20 Challenger Trophy, beginning August 14 in Alur, Bengaluru.
Acid attack crusader Laxmi Aggarwal's exceptional rise from an accident is sure to inspire you.
Sebi has asked intermediaries to stagger the offerings as much as possible, said people in the know and ensure adequate capacity building.
It's raining amazing mommy pictures on social media, as Bollywood sends love to ma on Mother's Day.
Laxmi Narayan Tripathi talks about her stint in the Bigg Boss house.
Hectic fundraising through initial public offerings (IPOs) is expected in October-November, with at least 30 companies are looking to collectively raise over Rs 45,000 crore through initial share-sales, merchant banking sources said. Of the total fundraising, a large chunk would be garnered by technology-driven companies. The successful IPO of food delivery company Zomato, which was overwhelmingly subscribed by over 38 times, encouraged new-age tech companies to come out with their primary share-sales.
Salt-to-software conglomerate Tata group was among "multiple" entities who on Monday put in preliminary bids for buying the government's stake in loss-making carrier Air India.
Various hotels and restaurants in the city have stopped offering meals at noon due to water shortage.
The primary market is set for a bumper Rs 80,000-crore bonanza with 30 companies already filing IPO papers to raise Rs 55,000 crore, while around 10 more are lined up for this month itself, seeking to mop up another Rs 25,000 crore, say investment bankers. The market has been on a non-stop rally, hitting new records almost every week, on the back of an influx of investors -- a vast majority of them first-timers -- coupled with a flood of liquidity. Foreign funds alone had pumped in a record $35 billion into the market in FY21, while the trend has continued this fiscal as well. Domestic institutions led by LIC have also infused trillions of rupees, helping woo retail investors in troves -- the year saw over 20 million new investors coming to the market.
Laxmi Negi/Rediff.com picks five of the best team performances from this round as the tournament heads into its business end.
From ice creams to dosas, these food pics will tease your taste buds.
'He was not the hit and run kind of a boxer, but a very intelligent boxer.' 'His presence of mind in the ring brought him glory in many international tournaments.'
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
The Chhapaak trailer could have been a dark and depressing tale of a girl disfigured by a vicious attack but fortunately, it isn't, feels Moumita Bhattacharjee.
The weekend curfew, aimed at breaking the chain of spiralling coronavirus infections, was clamped at 10 pm on Friday and will continue till 5 am on Monday.
Joginder Tuteja lists the sequels coming up.
Check out the Sunrisers Hyderabad squad for the eighth edition of the Indian Premier League.
"Vinay Kumar, alias Lambu, and a teenager have been held in connection with the case. The matter is a fallout of a one-side love affair. "The accused gave some pesticide with water to the three girls," Lucknow Range IG Laxmi Singh told reporters in Unnao.
Lisa Haydon is loving the feedback her performance in Queen has got.
Mahipal, who has worked with actresses like Madhubala and Meena Kumari, established himself as a hero in the mythological genre.
It's Diwali, and we're in the mood for fun!
Ileana sun bathes in Fiji and more...
Do actors really look like the real life people they portray on screen? It's time to have *your* say!
During initial investigation, the police found that Manoj Goyal, a property dealer, who is also one of the accused in the case has prepared forged papers and helped Prabhakar to occupy the flat.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Julie 2 does not rise above being a B-grade flick, says Urvi Parikh.
Five members of a school management near Bantwal in Dakshina Kannada district have been booked.
On Instagram, we saw quite a few ladies wear the colour -- at the pool, to the gym, on the red carpet -- and look fabulous in it.
Check out Shah Rukh Khan, Varun Dhawan, Esha Gupta, Juhi Chawla and other celebs at a new restaurant's opening party.
Mumbai Police has banned the use of flying lanterns during Diwali celebration in a bid to avert possible fire and security threats caused by them to high rise buildings.
Earlier, the acid attack survivors were felicitated and provided with financial assistance in Lucknow on the occasion of International Women's Day.
South Indian actress Laxmi Raii, who was reportedly dating India's limited overs cricket captain Mahendra Singh Dhoni, is hoping that she or her relationship with Dhoni, doesn't feature in the biopic based on the cricketer's life. "It's so strange that people are unnecessarily focusing on my past. While I and Dhoni have moved on, it looks like some people are still stuck with it.
