Tata Technologies will be the first IPO by the Tata Group in nearly two decades, after Tata Consultancy Services. The company is likely to raise around Rs 3,000-3,200 crore via IPO
Like Tata Technologies, Tata Capital has drawn significant investor interest in the unlisted market since the introduction of the stock there about six months ago. The scrip trades in the range of ₹400 to ₹425.
Reliance Retail Friday said its board approved a proposal to cancel the equity shares held by public shareholders. The company will pay ₹1,362 per share for the cancelled unlisted stock, valuing Asias richest man Mukesh Ambanis retail business at $149 billion (₹12.31 lakh crore).
Reliance Retail: Reliance Retail set to cancel all public shares indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.