Latest Updates Around The World
New-age logistics company Shadowfax Technologies has raised around Rs 850 crore from major investors ahead of its initial public offering (IPO), which opens for subscription on January 20, according to sources familiar with the matter.Domestic institutional investors are believed to have captured a large share of the anchor book, with strong participation from mutual funds […]
Investors hunger for Adani Ports and Special Economic Zone (Adsez) and JSW Infrastructure (JSWI) remain strong, according to the latest feedback from Jefferies about the ports and the logistics sector. The brokerage noted: “We find investors interested in Adani Ports (Adsez) and JSW Infra (JSWI). Investors appreciate the various assetabasis of Adsez and the expansion […]
Automotive Tyre Manufacturers Association (ATMA) On Monday, a reduction in the GST rates on tires for cars up to 5 percent compared to the current 28 percent, whereby the government was encouraged not to treat it on the same footing with luxury goods. The body mentioned its impact on important sectors such as transport, agriculture, […]
The real estate investment arm of the Chinese e-commerce Gigant JD.com and two other companies are planning to launch a real estate investment confidence (Reit), which may be appreciated in Singapore, that may be appreciated at more than $ 1 billion, said two sources with knowledge of the matter. JD Property, the non -mentioned infrastructure […]
