Business

Nykaa IPO Opens For Subscription Today

Nykaa’s ₹ 5,352 crore initial public offering (IPO) will open for subscription on Thursday i.e. October 28. The primary market offering will comprise a fresh issue of ₹ 630 crore and an offer for sale of 4.19 crore shares. Nykaa has fixed the issue price at ₹ 1,085-1,125 per share. The IPO will close on November …

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No Nod For Covaxin Yet, WHO Seeks “Additional Clarifications”

The World Health Organisation’s technical advisory group on Tuesday sought “additional clarifications” from Bharat Biotech for its COVID-19 vaccine Covaxin to conduct a final “risk-benefit assessment” for Emergency Use Listing of the vaccine. The technical advisory group will now meet on November 3 for a final assessment. Hyderabad-based Bharat Biotech, …

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Finance Minister Urges Asian Infrastructure Bank To Support Development

Finance Minister Nirmala Sitharaman said on Tuesday that Asian Infrastructure Investment Bank (AIIB) and similar institutions should enhance private sector capital mobilisation, which would help in inclusive development. Taking part in the sixth annual meeting of the board of governors of AIIB, the finance minister said that it should look …

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