Considering the equity shares the promoters would need to tender to limit their equity holding to 75% in accordance with the SEBI rules, the public would be able to sell only 4.73 crore shares, implying 2.4% of the current share capital.
In the last one year, real estate prices have dropped and the inventory of developers across the country has piled up.
Virat Kohli brand value skyrockets to Rs 4 cr/day after being named Team India capt, but can he sustain it?
After becoming the Indian cricket team captain, endorser of 17 brands and a savvy investor/entrepreneur, the valuation of brand Virat Kohli is expected to get a further boost with his recent double century knocks.
Insurance Repository System is a pioneering effort at offering, buying and maintaining policies by individuals
From Amazon, Flipkart to Snapdeal, 49 e-commerce firms log over Rs 16,000 cr in losses; Jabong, OLX buck trend
Satya Nadella and Nandan Nilekani in conversation: AI, augmented reality will be defining forces of future
Union Budget 2017: 4 things that can impact your savings and increase tax liability
Union Budget 2017: 5 things that can help you save money
Union Budget 2017 provides leeway to increase power demand, wanting in tackling stressed assets: Experts
Union Budget 2017 - income tax rates: Here's what the new 10% surcharge will cost the super-rich
Rs 2,349.79 crore deficit budget presented in Assam Assembly
Union Budget 2017-18 focuses on wider tax compliance, says ClearTax
The SHVS technology is more fuel efficient than the conventional set-up as it saves energy when the drivers decelerate or apply brakes.
Nokia, set eyeballs rolling earlier this year when it came to light that it will bring back the 3310 device. The phone is expected to be launched at the MWC to be held by the end of February. While there has been no info about the launch given directly by Nokia, a report suggested that the phone will be unveiled in India by the end of May, this year.
Loyalists of Chief Minister O Panneerselvam may be rejoicing at AIADMK chief V K Sasikala's conviction in a corruption case but are caught in a dilemma over the legacy of late party supremo J Jayalalithaa since she has been indicted by the Supreme Court as well.
A study has found out that an online intervention, combining home exercise and pain-coping skills training, provided substantial clinical benefits for patients suffering from chronic knee pain.
The new business premium of life insurance companies grew by 27.8 per cent to Rs 13,138.10 crore in January, compared with the year-ago month.
As exams are just around the corner, many students would need to declutter their rooms and organise them in a better way so that they can focus only on their studies without getting distracted due to unmanaged stuff surrounding them.
Stanford scientists have successfully developed glow-in-the-dark mice using compounds that create proteins responsible for lighting up fireflies, an advance that may pave the way for new gene therapies.
Tickets for Justin Bieber's concert in Mumbai will start on February 22.
With SBI merger of five associate banks almost complete, it is also simultaneously finalising its plans to launch a VRS which could lead to a lower headcount in the number of employees from the total employee base of 73,000 in the associate banks.
With a rapid increase in vehicle population, fire incidents also have been on the rise in India in recent years. Sadly, automakers seem to be doing little to address the safety concerns of customers, and often blame the incidents on tampered wiring. They also hardly give any compensation to the affected person.
Ibnii Coorg, an eco luxe resort located in Coorg (Kodagu) district of Karnataka, has become the first hospitality project in India to receive the IGBC Platinum certification for energy and resource-efficient, sustainable, cost-effective buildings
Oil prices rose on Monday, but gains were minimal as investors gauged whether an increase in US drilling and record stockpiles would undermine efforts by producers to cut output and bring the market into balance.