Prior to the public offering, the promoters held a 37.41% stake in the omnichannel retailer—and this is expected to fall to 35.34% following the issue.
A parliamentary committee may summon representatives from Apple after several opposition leaders said they received an alert of a potential hacking attempt on their iPhones.
FSN E-Commerce Ventures Ltd, which runs online marketplace for beauty and wellness products Nykaa, on Wednesday said it has raised Rs 2,396 crore from anchor investors ahead of its initial share-sale, which opens for public subscription on Thursday. The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share,