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Showing posts from October, 2024

ratan tata news

   Ratan Tata Death News Live Updates: Mortal remains to be taken to NCPA at 10:30 am, last rites at 3:30pm Rata Tata Death News Live Updates:  Veteran industrialist and Tata Group’s chairman emeritus Ratan Tata passed away at a Mumbai hospital on Wednesday night. He was 86. A recipient of Padma Vibhushan breathed his last at south Mumbai’s Breach Candy Hospital. Tata Sons chairman N Chandrasekaran confirmed the death of Ratan Tata. For the last few days, chairman emeritus of one of India's biggest conglomerates, was admitted to the Breach Candy Hospital in south Mumbai. Prime Minister Narendra Modi said that he was extremely pained by his passing away of Ratan Tata and termed him a visionary business leader, a compassionate soul and an extraordinary human being. Maharashtra Chief Minister Eknath Shinde said industrialist Ratan Tata will be accorded a state funeral.  Talking to reporters, Shinde said Tata's relatives have informed that his mortal remains will be kept at the Nat

Hyundai ipo

   Hyundai Motor India, which will be India's largest Initial Public Offering (IPO) till date, has fixed the price band for its public issue between ₹1,865 to ₹1,960 per equity share. At the upper end of the price band, the IPO size will be ₹27,870 crore, which will surpass LIC's size of over ₹21,000 crore. The IPO will be a complete Offer For Sale (OFS), where the company's parent will be selling 14.2 crore shares or 17.5% of the total equity. Investors can bid for one lot of seven shares, followed by multiples of seven thereafter. Anchor investors will bid for the issue on October 14. The three-day issue will open for subscription on October 15 and close on October 17, 2024. Half or 50% of the IPO has been reserved for Institutional Investors (QIB), while 15% of the issue has been reserved for non-institutional investors (NII). 35% of the IPO has been reserved for retail investors. Hyundai Motor India shares will carry a face value of ₹10 each. The company will offer a di