BlueStone Jewellery, backed by Nikhil Kamath, the co-founder of Zerodha, and Ratan Tata, the chairman of the Tata Group, plans to raise approximately Rs 2,000 crore through an initial public offering (IPO).
The average cost of acquisition of shares by Tata comes to Rs 84.72 per share, shows FirstCry s draft red herring prospectus (DRHP) filed with the market regulator Securities and Exchange Board of India (Sebi). His total investment in the company, therefore, comes to about Rs 66 lakh.
Mumbai Police traced an MBA holder who made a threatening call to Ratan Tata. The caller was found to have schizophrenia and warned that Tata would meet the same fate as Cyrus Mistry.