Mistry said the poll body satisfied the candidate on every complaint but despite that he raised all those points in the media before bringing them to "our notice".
'In IIT, most faculty members have a bias against SC/ST students.' 'SC/ST and OBC students have no idea whom to approach for support.'
Pranav Dhanawade had another moment to cherish after scoring a record breaking 1009 when Sachin Tenduklar gifted the Mumbai schoolboy his autographed bat. "Master Blaster @sachin_rt gifts his own autographed bat to #PranavDhanawade for his record breaking innings," the BCCI confirmed Tendulkar's gesture in a tweet.
Mumbai schoolboy Pranav Dhanawade was awarded a monthly scholarship for five years from the Mumbai Cricket Association, a day after becoming the first batsman in the world to notch a four-figure innings.
Richest Indian Gautam Adani's ports-to-power-to-cement conglomerate is "deeply overleveraged" with the group predominantly using debt to invest aggressively across existing as well as new businesses, CreditSights, a Fitch Group unit, said on Tuesday. In a report titled 'Adani Group: Deeply Overleveraged', CreditSights said, "In the worst-case scenario, overly ambitious debt-funded growth plans could eventually spiral into a massive debt trap, and possibly culminate into a distressed situation or default of one or more group companies." Starting out as a commodities trader in the late 1980s, the Adani group has diversified from mines, ports and power plants into airports, data centers and defence.
Fundraising activity in the upcoming financial year 2022-23 may even surpass FY22 when 52 Indian companies raised a record Rs 1.11 trillion via initial public offerings (IPOs). According to a note by PRIME Database, 54 companies (including LIC) plan to raise Rs 1.4 trillion and currently hold the Securities and Exchange Board of India's (Sebi's) approval. Another 43 companies, the note said, are looking to raise about Rs 81,000 crore but waiting for Sebi nod.
Champion's three-month suspension has now been extended for an indefinite period, Uttarakhand BJP media incharge Devendra Bhasin said in a tweet.
The Congress has accused Twitter of acting against Gandhi's account under pressure from the government.
The initial public offering (IPO) market has come to a grinding halt due to sharp correction in the broader markets and uncertain outlook created by the Russia-Ukraine offensive. So far this year, only three companies have managed to launch their maiden share sales. In comparison, close to 10 companies were able to come out with their IPOs during the same period last year. Investment bankers say it will be challenging to launch a single deal in March as large institutional investors have turned extremely risk-averse and don't wish to commit any capital.
'The Digital Rupee will be equal to the Indian rupee in value and backed by the full faith and credit of the RBI/Indian government.'
'My film will not only be a reminder for all of us who have gone through these hellish two years, but also a reference point for future generations and for the four-five year olds who would have forgotten everything by the time they grow up.'
Christmas seemed to have come early for Congress and Jharkhand Mukti Morcha with party workers bursting crackers and distributing sweets as trends for the Jharkhand assembly elections showed the Congress-JMM alliance ahead of the ruling Bharatiya Janata Party. "People have voted for change," Congress spokesperson Pranav Jha told reporters at the Congress office, anticipating a victory for the opposition alliance. Elections were held over five phases between November 30 and December 20.
The expected interest rate hike in the US and the resultant volatility in the domestic secondary market could play a dampener to the over Rs 2-trillion initial public offering (IPO) pipeline in 2022. IPOs in 2022 look promising, with as many as 35 companies holding the Securities and Exchange Board of India's approval to raise roughly Rs 50,000 crore. Another 33 companies are waiting for the regulator's nod to raise around Rs 60,000 crore next year.
Zomato said late on Friday that it was pushing the implementation of the new food quality policy to May 3 from April 18.
Transcript of the market chat with Pranav Sanghavi.
Year 2021 was another great year for fund-raising through equities. A total of Rs 1.8 trillion was raised through initial public offerings (IPOs), qualified institutional placements (QIPs), and rights issues, against the Rs 1.7 trillion raised in the previous year. Funds raised through IPOs quadrupled, while those from rights issues and QIPs reduced.
Post a correction 14,000 cannot be ruled out post March 2007 results.
Retail investors have gained significant heft in the past year amid a sustained uptick in Indian equities. The share of retail investors in companies listed on the NSE reached an all-time high of 7.32 per cent in the quarter ended December 31, 2021, up from 7.13 per cent in the previous quarter and 6.9 per cent a year ago, the data from PRIME Infobase shows. This was despite the Nifty's 1.5 per cent decline during the quarter.
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 primary issue market has hit an all-time high with 63 corporates raising Rs 1,18,704 crore through main-board initial public offerings (IPOs) so far in 2021, which is nearly 4.5 times more than the Rs 26,613 crore raised through 15 issues in 2020 and almost double of the previous best of Rs 68,827 crore in 2017, according to a report. Pranav Haldea, managing director of Prime Database Group, said the IPO frenzy was driven by new-age loss-making technology start-ups along with strong retail participation, and the resultant massive listing gains were the key highlights of the year. Another highlight was only 51 per cent or Rs 103,621 crore of the total Rs 202,009 crore was fresh capital raising and the remaining Rs 98,388 crore were offers for sale.
Rediff readers tell us how they are keeping the kids busy in the lockdown.
Reader Pranav Patel sent us this picture from Mumbai.
Mahi, Palak and 2 other Indians enter final at Asian Youth & Junior Boxing C'ships
At least five companies looking to raise a cumulative Rs 6,595 crore could launch their initial public offerings (IPOs) next month after a busy August that saw eight IPOs. On Thursday, south-based diagnostic chain Vijaya Diagnostics announced its plans for a Rs 1,895-crore IPO. Ami Organics will announce its plans for a Rs 600-crore issue on Friday.
Transcript of the market chat held on january 24.
'When I was around 6 years old, my brother was competing in Spelling Bee, so I wanted to do it too.'
Transcript of the market chat held on January 3.
It's raining IPOs, with eight issues hitting the market in a span of six days. However, the pace of new filings points to a deluge during the latter part of the year. So far this year, 58 companies have filed their draft red herring prospectus (DRHP) with the market regulator for initial public offerings (IPOs), exceeding the combined tally of 50 in the last two years. Industry participants said the filing count could cross 100 this year, setting a new benchmark in terms of amount mobilised in a calendar year.
LIC owns 3.69 per cent of the total listed universe based on available disclosures, the lowest since at least June 2009.
Transcript of the market chat which took place on July 4.
In an hour-long chat on rediff.com on Wednesday, market expert Pranav Sanghavi offered some valuable tips.
Since the beginning of 2020, i-bankers have collected nearly Rs 1,800 crore by way of IPO fees. Interestingly, the India fees this year form just 1 per cent of the global fee pool of $13.7 billion from IPOs.
The selection of Sachin Tendulkar's son Arjun in the West Zone U-16 side has left both social media and cricket fans angry. Fans are furious over the exclusion of Pranav Dhanawade, who became the first batsman in the game's history to score 1000 runs in an innings.
The markets could correct a bit more. One should not get euphoric over the rise in the last couple of days. You still have to tread carefully and pick quality stocks with high growth rates in profit. I still maintain that you could look at buy small parts on days of large corrections in the index, says market expert Pranav Sanghavi.
A tribute to an incomparable photojournalist who was slain by the Taliban on Thursday night.
