Tag : initial public offering (IPO)

IPO

FirstMeridian Business Submits Draft Documents to Raise Rs 800 Crore In IPO

Kanak Mantri
FirstMeridian Business Services Ltd has filed draft documents with India’s Securities and Exchange Board (Sebi) to raise around Rs 800 crore through a public listing....
BUSINESS

Govt Modifies FEMA Rules To Allow 20% FDI In LIC

Kanak Mantri
The government has amended the Foreign Exchange Management Act (FEMA) rules, paving the way for up to 20 per cent foreign direct investment by insurance...