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.
'You were looking for perfection in an incurably imperfect world,' mourns Subhash K Jha who knew Sushant Singh Rajput well.
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.
This divisiveness is upsetting social cohesion and can throw the bright young people thronging to Bengaluru with billion dollar ideas in their creative minds off balance, warns Shekhar Gupta.
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.
Many of the stories, the pictures going out of India worldwide lately with these provocative processions, taunting of Muslims, bulldozers targeting mostly their properties, the sweeping 'othering' of a community of 200 million are painting the front pages and TV screens in the democratic world. That is where most of the friends we covet lie. Soon enough, these will also make our vital friends among the Muslim nations, from Bangladesh to Saudi Arabia and the UAE, uneasy. The best time for course correction is now, asserts Shekhar Gupta.
After gaining 300 million mobile wallet users in India, the firm has now expanded operations to Japan via PayPay Corporation, a joint venture established by SoftBank Corp and Yahoo Japan Corporation.
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.
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.
In the age of robots and automation, skills such as people management, coordination and negotiations will be relevant, says Babita Shekhar.
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.
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.
From the many large communal riots across decades to the six-hour mass cull of Muslims in Nellie, 1983; Sikhs in Delhi and elsewhere, 1984; Kashmiri Pandits, 1990; selective massacres of Hindus in Punjab, 1983-93; and Gujarat, 2002, we have failed to bring perpetrators of our biggest tragedies to account, asserts Shekhar Gupta.
He was admitted to the hospital on Sunday after he complaints of breathing problem.
'I cannot be confined to just one or two kinds of music.'
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.'
On Wednesday, a Delhi court had granted bail to Azad, who was accused of inciting people during the anti-CAA protest at Jama Masjid.
Cricketers are the highest profile athletes and enjoy rockstar status in the world's second most populous country
Sushant finished off his innings in style by scoring high on his last theatrical release, Chichhore, a film that was ironically about suicide not being a solution.
2010 was a year that made quite a few careers. It was also the year when films started earning Rs 100 crores.
Anand, as white, had simply an extra pawn and this is where the tenacity of Carlsen came to fore.
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.
Would Ukraine be such a pushover if it had that nuclear stockpile?' asks Shekhar Gupta.
Anand moved to joint sixth spot with 2.5 points on a day that saw Firouzja Alireza scoring a sensational victory over super-solid Anish Giri of Holland.
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.
Carlsen had previously indicated he would not consider the record truly broken until after two more games as he was not prepared to count two wins he had in the Norwegian league.
Paytm had received the approval for brokerage services from market regulator Sebi in January this year.
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.
Sources further said that WhatsApp's policy update would also be evaluated in the context of the current legal framework.
Though the 91-year-old leader is no longer politically much active, his joining the saffron party is being seen as a boost to it ahead of the Uttarakhand assembly polls.
