Exicom Tele-Systems ₹429 crore IPO s subscription window opened on Feb 27 and the offer was fully subscribed within hours, receiving 10.02 times subscription on the first day.
The CEO of Uber, Dara Khosrowshahi, has big plans for India. However, the company is contending with an ever-shifting regulatory landscape, ambitious challengers and a bleeding balance sheet.
The companys aspiration to reach the target in this financial year is unlikely to be met, said Shailesh Chandra, managing director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility (TPEM).