Latest Updates Around The World
Dalal Street is entering a busy phase of the IPO lock-in expiration, with a significant portion of pre-listing restrictions on shareholders set to be lifted in the next three months. According to estimates from Nuvama Alternative & Quantitative Research, as many as 85 companies will see their lock-ins expire between February 16 and May 27, […]
Tenneco Clean Air India reported a 10% jump in consolidated net profit to Rs 150 crore in the quarter ended September, compared to Rs 137 crore in the same period a year ago. Operating income from operations stood at Rs 1,281 crore, up nearly 10% from Rs 1,169 crore in the corresponding quarter of the […]
The Tenneco Clean Air India IPO has arrived with something the market has been asking for all year: reasonable pricing for a profitable, large-scale auto components business. The size of the offer is Rs 3,600 crore, entirely an offer for sale, in a price range of Rs 378-397 per share, with a proposed listing on […]
Tenneco Clean Air India Ltd., a unit of the U.S.-based auto parts maker, is planning an initial public offering next month that could raise about 30 billion rupees ($342 million), according to people familiar with the matter. The supplier of emissions control systems to Indian automakers has started roadshows for investors, seeking a valuation of […]
