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IPO gold rush: Buoyed by global liquidity, firms lap up Rs 31k cr in FY21
Companies including LIC, HDB Financial Services, NCDEX, ESAF Small Finance Bank are expected to come out with their IPOs in 2021-22, said Rajendra Naik, Managing Director – Investment Banking, Centrum Capital.
Sandeep Bhardwaj, CEO, Retail at IIFL Securities said the IPO pipeline remains strong with 28 companies holding markets regulator Sebi’s approval for raising nearly Rs 28,710 crore through initial share-sale going forward.
Fire breaks out in govt hospital in Kanpur; no casualty
Banks to conduct special clearing operations for closure of govt accounts on Mar 31: RBI
Under this, presentation clearing will take place between 1700 to 1730 hrs and return clearing will take place between 1900 and 1930 hrs at the three CTS (cheque truncation system) grids located in New Delhi, Chennai and Mumbai.
Under the CTS system, there is no need to present a cheque physically for clearance, instead an electronic image is being transmitted to the paying branch through the clearinghouse, with the relevant data.
Jal Shakti Ministry approves Rs 465 cr performance incentive to 7 states under Jal Jeevan Mission
Since the announcement of Jal Jeevan Mission on August 15, 2019, four crore households have been provided tap water connections, thus increasing the tap water supply from 3.23 crore (17 percent) rural households in the country to more than 7.20 crore (37.6 percent), the statement added.
This is the ”speed and scale” of the work being undertaken to provide clean drinking water to every rural household, it said.
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