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QIBs swoop in to save the day: India's biggest ever IPO fully subscribed!
QIBs (Qualified Institutional Buyers), who had been offered about 19.89% of the total issue pie, ended up with oversubscribing to the issue by a massive 6.32x. QIBs bid for 17,86,65,739 shares, as against 2,82,83,260 shares allocated for them.
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Bigger they are, harder they fall – A look at how the country’s biggest IPOs have fared
Hyundai Motor India is raising funds through an IPO, the country’s biggest IPO so far. There have b…
I landed an easy job at Amazon after years of hard work. I felt deeply guilty until I realized it could be a strategic move.
Eight years into her career at Amazon, Kristi Coulter landed an easy role. She felt guilty at first…
Kristi Coulter
India bowls out at 46, making the lowest Test total at home; Pant top scorer with 20 runs as NZ claim five ducks
Winning the toss, Indian skipper Rohit Sharma chose to bat, looking to put runs on the board early,…
Apple engineers assert the AI apps of today are essentially still just fakes that lack 'true' intelligence
Apple researchers find AI apps like ChatGPT and DALL-E may simulate understanding, but fail at genu…
Do large IPOs guarantee large returns? Data suggests that 18 of India's biggest 30 IPOs did not generate solid returns
While over Rs 50,000 crores have been raised by these share sales so far since 2023, only 22% of th…
Why "buying the dip" is not always good advice, and the right time to start is now
A recent report by PGIM India Mutual Fund suggests that buying the dip might not always yield great…
Meta reorganized some of its biggest businesses and eliminated some roles
Meta reorganized some of its major units, cutting roles at Instagram, Reality Labs, and WhatsApp.
Kelsey Vlamis,Sydney Bradley
Cameron Diaz talks about taking a break from acting, says it was to build her family
Cameron Diaz, after a nearly decade-long break, shares insights into her decision to step back from…
Former One Direction singer Liam Payne dies after falling from hotel balcony, Hollywood pays tribute
Liam Payne, a former member of boyband One Direction, has died after falling from a hotel balcony. …
Nifty, Sensex open flat, experts expect Diwali festivities to cheer markets
The Nifty 50 index opened with a marginal gain of 0.22 per cent or 56.10 points at 25,027.40 points…
ANI
Apple's chief people officer, who reports directly to Tim Cook, is leaving the company after less than 2 years
Carol Surface, Apple's chief people officer, is leaving the company after a short tenure. Her depar…
Lloyd Lee
Liam Payne, former One Direction star, dead at 31 in Buenos Aires: reports
Liam Payne, who rose to fame as part of the band One Direction, died Wednesday at 31. The singer re…