'There is no irrational exuberance when it comes to mainboard IPOs.' 'Most issues are by good quality businesses.'
The IPO market will be bustling next week, with four companies, including Bajaj Housing Finance, set to launch their initial share-sale to raise a total of Rs 8,390 crore. Besides these four main-board IPOs, nine SMEs are preparing to debut with their maiden public issues next week, targeting to collect Rs 254 crore. Together, these 13 firms are looking to raise Rs 8,644 crore through IPO.
'The governor was a senior IPS officer who should know the Constitution.'
The rise in consumer price index (CPI) inflation could see the Reserve Bank of India (RBI) in an extended pause mode as regards interest rates, and in turn, keep the market rally in check, believe analysts. Signs of inflation cooling off in the US, however, is likely to provide some cushion as the expectations of a change in stance by the US Fed as regards interest rates is likely to aid sentiment. Back home, CPI inflation surged for the first time in five months to 4.81 per cent in June 2023, and was higher than the street's expectations of 4.58 per cent.
In an exclusive conversation with rediff.com's A Ganesh Nadar, KNPP director K Balajee says his team worked 15 hours a day to get the plant ready, and now they are sitting idle thanks to the escalating protests.
In an exclusive conversation with rediff.com's A Ganesh Nadar, KNPP director K Balajee says his team worked 15 hours a day to get the plant ready, and now they are sitting idle thanks to the escalating protests.
Making a 3-D film is hard work, says director Jose Punnoose.
Readers reminisce their bitter sweet experiences of ordering meals in the Indian Railways.
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