Even as the issue is closing today, we cannot escape the perception that the issue price of the state-owned insurance behemoth has been steeply priced and the interest of foreign buyers for the IPO has been largely muted.
High inflation rates in the Indian market has made gold prices highly volatile in the last few days.
Ethereum, the second-biggest cryptocurrency in the world, has also fallen in value, down by more than 10 per cent in the last week.
At the interbank foreign exchange, the rupee opened at 77.17 against the American dollar, then lost ground to quote at 77.42, registering a fall of 52 paise from the last close.
As per the latest report, the price of petrol stands at Rs 112.68 per litre in the capital city of Bhubaneswar today while diesel is sold at Rs 102.35 a litre.
Now the airlines will soon be conducting proving flights under the watch of the sector regulator Directorate General of Civil Aviation to demonstrate its ability to take to the skies again.
Though the government has brought down the issue size from 5 per cent to 3.5 per cent, it is a landmark public issue in the history of the Indian capital market and is poised to be India's biggest IPO till date.
His utter disinterest in responding to several requests made by the Indian government, especially by Union Road Transport and Highways Minister Nitin Gadkari, comes in the wake of reports that the team he hired in India last year has now been diverted to focus on the Middle-East and the larger Asia-Pacific markets
Musk expects a huge growth in total Twitter users as well, growing from the 217 million users reported last year to 600 million Twitter users in 2025 and, eventually, 931 million in 2028
While replying to an earlier tweet he shared about his plans for the micro-blogging site, Elon Musk mentioned that he will still graft even harder than them to make the firm a success
The long-awaited IPO of LIC will remain open for subscription till May 9.
The amalgamated entity will be named as 'LTIMindtree Limited', subject to approvals Closing Timeline and Approvals.
The latest hike comes at a time when people are already struggling with rising petrol and diesel prices.
Public sector OMCs revise the petrol and diesel prices in line with the benchmark international prices and foreign exchange rates
Mohapatra also directed authorities concerned to prepare a master plan for the development of tourism surrounding Chilika Lake.
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