Asianet Satellite Communications files DRHP for ₹765 crore IPO
Asianet, the internet service provider has expanded its services to Tamilnadu, Karnataka, Telangana, Andhra Pradesh, Maharastra and Madhyapradesh.
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Asianet, the internet service provider has expanded its services to Tamilnadu, Karnataka, Telangana, Andhra Pradesh, Maharastra and Madhyapradesh.
The draft red herring prospectus (DRHP) is likely to be filed by the company this week.
SEBI drops case against Dish TV's corporate promoter, Direct Media Distribution Ventures Pvt Ltd.
DIPAM mentioned that the IPO is expected to be out by the last quarter of this fiscal year and reports doubting this is incorrect.
"Stockbroker needs to take the approval of all algos from the exchange," says SEBI.
Sterlite Power Transmission and ESDS Software Solution received Sebi's nod to raise funds through initial share sales.
With the approval of DRHP submitted before the SEBI, Adani Wilmer will be able to float an initial public offering (IPO) to raise around Rs 4,500 crore. Meanwhile, Star Health and Allied Insurance are planning for a Rs 5,500 crore initial public offering.
The case was related to a partnership between Infosys and Vanguard, a US investment firm, which was announced in July last year.
Lead managers appointed to the Issue are Axis Capital Ltd, HSBC Securities and Capital Markets (India) Pvt Ltd, ICICI Securities Ltd and Intensive Fiscal Services Pvt Ltd.
Business tycoon, Ratan Tata, owner of Tata Trusts, is the sole person to execute the stated changes.
On August 27, the capital market regulator SEBI issued a notice that Kotak Mahindra Asset Management Company (AMC) is debarred from introducing any fixed maturity plan (FMP) scheme for the consecutive six months.
Earlier this month, it was reported that PharmEasy was aiming to raise $9 billion through the IPO. In July, SoftBank Group was in talks with PharmEasy’s parent company API Holding’s for investment. According to sources, the discussion did not materialize.
The notice arrived after SEBI, the capital markets regulators averred that certain members are providing a platform to their clients for buying and selling digital gold.
"Setting up of the AMC business will add value to Bajaj Finserv’s overall business. Since, the company already has a strong distribution network and client base through its lending and insurance subsidiaries, we believe this presents a good opportunity for high growth," ICICI Securities said in an official note.
The market regulator said on its website that Adani Wilmar’s IPO is “kept in abeyance” due to a pending investigation against the flagship company Adani Enterprises.
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