Thu, Feb 29, 2024 2:25 PM
Mangaluru civic body council to discuss about property tax hike on Feb 29
A Flip by Shubhangi Gupta
The Indian IT services sector faces several structural challenges, including declining growth rates and increasing competition from global players and domestic captives, according to Sumeet Jain, India Technology Senior Research Analyst, CLSA. CLSA turned “cautiously optimistic” over the sector just a couple of days back, largely because of the US election outcome.
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IPO of NTPC Green Energy Ltd., a wholly owned subsidiary of NTPC Ltd., a 'Maharatna' central public sector enterprise, was fully subscribed by retail investors within hours of opening for bidding on Tue, Nov 19. The IPO saw bids for 14.09 cr shares, reflecting a 0.24 times subscription rate overall, according to data from the NSE as of 1:45 pm.
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Onyx Biotec IPO allotment: The allotment of Onyx Biotec’s initial public offering (IPO) will be finalised soon, after overwhelming interest and robust subscriptions for the share sale issue. The SME IPO, valued at ₹29.34 crore, opened for bidding on November 13 and closed on November 18. The price band was set in the range of ₹58-61 per share.
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