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New Delhi, Union Home Minister <keyword id="6355521" type="General" weightage="50" keywordseo="amit-shah" source="Orion">Amit Shah</keyword> on Sunday took stock of the situation in the wake of incessant rains as he spoke to the chief ministers of Punjab and <keyword id="6358126" type="General" weightage="80" keywordseo="himachal-pradesh" source="Orion">Himachal Pradesh</keyword>, and the lieutenant governors of Delhi and Jammu and Kashmir, sources said. The home minister assured them all central help in tackling the arising situation. The sources said Shah spoke to the chief ministers of Punjab and Himachal Pradesh and took updates about losses due to the rains. In view of the <keyword id="6385438" type="General" weightage="20" keywordseo="heavy-rains" source="Orion">heavy rains</keyword> in the national capital, the home minister also spoke to Lieutenant Governor V K Saxena and took updates. The home minister also spoke to LG of the Jammu and Kashmir and took information about the Amarnath pilgrimage which was suspended due to heavy rains, sources said. Shah appreciated the National Disaster Response Force and the State Disaster Response Force for helping the Amarnath pilgrims in Jammu and Kashmir. "The NDRF and the SDRF have always stood tall in service to the nation and humanity despite all odds. Their role has been crucial in fulfilling our goal of providing a safer <keyword id="44352" type="General" weightage="50" keywordseo="amarnath-yatra" source="Orion">Amarnath Yatra</keyword> to every pilgrim. Sharing a photograph of an SDRF Jawan carrying a lady yatri on his back for 3 km through the unforgiving terrain of the Himalayas on her way back from the holy shrine. I applaud them for being the beacon of safety for the citizens," he tweeted. Torrential rains pounded several parts of north India on Sunday with 15 people killed in landslides and other rain-related incidents, while most rivers, including the Yamuna in Delhi, were in spate. In cities and towns across the region, many roads and residential areas were submerged in knee-deep water with the civic system unable to hold on in the face of record rains. Flash floods washed away roads in hilly areas, leaving people marooned, while authorities asked tourists to plan their visit after the weather improves. Heavy downpour warnings have been issued for certain areas of Jammu and Kashmir, Ladakh and Himachal Pradesh, while in Delhi, which recorded its highest rainfall in a single day in July since 1982, authorities have cautioned over rising water level of the Yamuna. In three sperate incidents of landslides in Himachal Pradesh, where a red alert of extremely heavy rains has been issued for seven districts, five people were killed. The Amarnath pilgrimage resumed on Sunday from Panjtarni and Sheshnag base camps after remaining suspended for three days due to inclement weather in Kashmir, officials said. As soon as the skies cleared around the cave shrine, authorities opened the gates and allowed the stranded devotees to offer prayers at the naturally formed ice-lingam in south Kashmir Himalayas, they said. PTI ACB http://ptinews.com/images/pti.jpg "We bring the World to you" Disclaimer : This e-mail message may contain proprietary, confidential or legally privileged information for the sole use of the person or entity to whom this message was originally addressed. Please delete this e-mail, if it is not meant for you. TIR TIR

Amit Shah takes stock after heavy rains, speaks to Punjab, HP CMs

<ul><li><keyword id="2665691" type="General" weightage="80" keywordseo="niti-aayog" source="Orion">NITI Aayog</keyword> has sought clarity from the government regarding possible passenger data storage.</li><li>The <keyword id="15444126" type="General" weightage="50" keywordseo="digi-yatra-policy" source="Orion">Digi Yatra Policy</keyword> envisages <keyword id="4471307" type="General" weightage="100" keywordseo="digi-yatra" source="Orion">Digi Yatra</keyword> as a completely voluntary scheme.</li><li>In this policy, passengers sign up and consent to use Digi Yatra for the purpose of check-in and boarding, this agreement would have the legal character of a voluntary agreement for the temporary collection, temporary storage, and use of data.</li></ul>Amid growing concerns about use of facial recognition technology (FRT) across sectors, the NITI Aayog has sought clarity from the government regarding possible passenger data storage, as well as compliance with the laws and trustworthiness of the ecosystem governing Digi Yatra, a flight boarding system that uses this technology and which the government proposes to use in the aviation sector in future. The Digi Yatra Policy envisages Digi Yatra as a completely voluntary scheme. Where the passengers sign up and consent to use Digi Yatra for the purpose of check-in and boarding, this agreement would have the legal character of a voluntary agreement for the temporary collection, temporary storage, and use of data. "This agreement must comply with existing laws and rules on data privacy," a discussion paper on "Responsible Artificial Intelligence For All" by the government think tank has suggested. Released on November 2, the discussion paper focusses on responsible usage of artificial intelligence-based tools and technologies like FRT. The paper goes on to add that the "rules are set out presently under the Information Technology Act, 2000, and the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data and Information) Rules, 2011 ('SPDI Rules'). "Given that the Digi Yatra Foundation, which operationalised the <keyword id="12654561" type="General" weightage="50" keywordseo="digi-yatra-central-ecosystem" source="Orion">Digi Yatra Central Ecosystem</keyword>, is established under the Companies Act, 2013, it would amount to a 'body corporate' for the purposes of the SPDI Rules. Therefore, it would be necessary for Digi Yatra to comply with the SPDI rules." The Digi Yatra Policy further states that facial biometrics data is deleted from the local airport's database 24 hours after the departure of the passenger's flight. NITI Aayog, however, seeks that the rules related to deletion of other information collected from the passengers, as well as any facial biometrics that are stored in other registries, must be clearly set out in Digi Yatra's policy. The Digi Yatra Policy mentions that users may also be able to provide consent for value-added services at the airport, for which purpose, their data may be shared with other entities like cab operators and other commercial entities. On this, the government think tank has suggested that there must be specific care taken to ensure that such consent is meaningfully provided and is not bundled by default. "In addition to cyber security audits, it is imperative to establish a mechanism for performing algorithmic audits by independent and accredited auditors, prior to system deployment at periodic intervals," the discussion paper said. It is pertinent to mention that FRT, like other intelligent algorithms, is fundamentally a data-intensive technology. In order to ensure propriety and legality in the manner in which data processing happens to train and develop FRT systems, it is imperative to have a codified data protection regime in the country at the earliest, the discussion paper further stated. "The new data protection bill must retain the framework to ensure data protection, including obligations, enforcement mechanisms, a regulatory agency, penalties, and remedies from the <keyword id="2617070" type="General" weightage="50" keywordseo="personal-data-protection-bill" source="Orion">Personal Data Protection Bill</keyword>, 2019. "Furthermore, such a regime must not be limited to regulating data processing by private entities but must adequately codify protections for fundamental right to privacy against state agencies (including law enforcement)," it added. NITI Aayog further recommended that sensitive personal data should be protected under the new data protection law, including biometric data such as facial images and scans. "Consequently, it is recommended that rigorous standards for data processing, as well as the storage and retention of sensitive biometric data should be adequately addressed in any proposed data protection regime, to address privacy risks associated with FRT systems," it concluded. SEE ALSO: <a href="https://www.businessinsider.in/business/corporates/news/niit-acquires-us-based-st-charles-consulting-group-for-23-4-million/articleshow/95320170.cms">NIIT acquires US-based St. Charles Consulting Group for $23.4 million</a> <a href="https://www.businessinsider.in/business/auto/news/tata-motors-to-hike-prices-of-passenger-vehicles-from-november-7/articleshow/95319994.cms">Tata Motors to hike prices of passenger vehicles from November 7</a>

As facial recognition software usage grows, NITI Aayog seeks clarity on Digi Yatra privacy

<ul><li>Sensex was trading over 0.77% higher; while the Nifty was up 0.72% as of 09:55 am.</li><li>These were the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian stock market index Sensex jumped over 250 points in early trade on Thursday led by gains in index majors Reliance Industries, ICICI Bank and amid positive cues from global markets. Sensex was trading over 0.77% higher; while the Nifty was up 0.72% as of 09:55 am. These were the top losers and gainers in the Nifty pack: <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IndusInd Bank </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">UPL </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tata Motors </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Infratel </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">SBI India </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Auto </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Finance </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Zee Entertainment </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Axis Bank </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Coal India </td></tr></tbody></table>*as of September 10, 9:30 am These are the top stocks that are buzzing in trade today: Bank of Baroda shares gain 3% PSU Bank stocks are rallying in trade today. Bank of Baroda is up 3%, along with Canara Bank gaining 2% and Bank of India 4%. RIL hits record high The shares of Mukesh Ambani owned Reliance Industries were trading 3% higher during the early trading hours on September 10. The shares had hit a record high mark by topping ₹2,200 a piece for the first time. <a href="https://economictimes.indiatimes.com/industry/services/retail/ril-looks-to-sell-15-in-retail-biz-to-pes-swfs-for-63k-cr/articleshow/78028786.cms?from=mdr">Reports </a>also indicate that after Silver Lake, investors like KKR, Abu Dhabi Investment Authority, and Saudi Arabia’s Public Investment Fund could be next in line to pick stakes in Reliance Retail Limited. Future Retail hits 5% upper circuit The shares of Future Retail were locked in a 5% upper circuit after the company lost nearly 40% of the stock value in the last one week, since the acquisition by Reliance Retail. The 5% jump came after <a href="https://economictimes.indiatimes.com/industry/services/retail/ril-looks-to-sell-15-in-retail-biz-to-pes-swfs-for-63k-cr/articleshow/78028786.cms?from=mdr">reports </a>indicated a potential investment for RIL retail arm Reliance Retail from investors like KKR, Abu Dhabi Investment Authority, and Saudi Arabia’s Public Investment Fund. Bharat Dynamics snaps two days of losses Bharat Dynamics snapped two-day loss and turned positive, gaining over 2% after the Indian government said it mobilised ₹776 crore by divesting nearly 13% in the company. The offer for sale (OFS) had hit the market with the government selling over 2.74 crore shares in BDL at a floor price of ₹330 a piece. Indiabulls Housing Finance opened 3% higher The shares of Indiabulls Housing Finance opened 3% higher after the company launched its qualified institutional placement (QIP) on Wednesday. Indiabulls Housing is looking to raise ₹1,000 crore and has set the floor price for the QIP at ₹206.70 per equity share. Zeal Aqua, Apex Frozen Foods, Coastal Corporation and other fisheries stocks gain Zeal Aqua, Apex Frozen Foods, Coastal Corporation and other fisheries stocks gain ahead of PM Matsya Sampada Yojana. PM Narendra Modi will digitally launch the scheme today. The scheme will be aimed at the sustainable development of the fisheries sector in the country with an estimated investment of <a href="https://www.narendramodi.in/prime-minister-narendra-modi-to-launch-pradhan-mantri-matsya-sampada-yojana-on-10th-september-551321">₹20,050 crores for its implementation</a> during a period of 5 years. ICICI Bank, HDFC Bank IndusInd Bank and SBI trade in green The shares of Banking giants ICICI Bank, HDFC Bank, IndusInd Bank and SBI were trading in green today (September 10). The shares of ICICI Bank and HDFC Bank were up 1%, whereas SBI gained 2%. The Supreme Court of India is slated to hear petitions seeking a waiver of interest on loans under moratorium today. Tata Motors shares gain 3% The shares of Tata Motors gained 3% after the company emerged as a strong number third passenger vehicle (PV) brand by <a href="https://www.thehindubusinessline.com/companies/passenger-vehicles-tata-motors-emerges-as-no-3-helped-by-new-products-campaigns/article32562617.ece">sales after Maruti and Hyundai</a>. HUL trades in red after DCGI notice The shares of FMCG giant Hindustan Unilever Limited were trading nearly a percent lower after Central Drugs Standard Control Organisation (CDSCO) served a show-cause notice to the company over an advertisement of its Lifebuoy brand of hand sanitiser. In its advertisement, HUL claimed that the Lifebuoy immunity-boosting hand sanitiser improves immunity and helps fight coronavirus. SEE ALSO: <a href="https://www.businessinsider.in/business/news/yatra-failed-merger-with-ebix-dents-the-companys-earnings-in-an-already-troubled-quarter/articleshow/78031342.cms" data-type="tilCustomLink">Yatra's failed merger with Ebix dents the company's earnings in an already troubled quarter</a> <a href="https://www.businessinsider.in/stock-market/news/top-stocks-to-watch-irctc-adani-power-future-consumer-future-retail-bharat-dynamics-hal-indiabulls-housing-finance-and-more/articleshow/78030185.cms" data-type="tilCustomLink">Top stocks to watch— IRCTC, Adani Power, HDFC Bank, ICICI Bank, Future Consumer, Future Retail, Bharat Dynamics, HAL, Indiabulls Housing Finance and more</a>

Top stock movers — Bank of Baroda, Reliance Industries, Future Retail, HUL, ICICI Bank, SBI, HDFC Bank, Bharat Dynamics, Tata Motors and more

<ul><li>Mukesh Ambani-led <keyword id="10926" type="CITY" weightage="20" keywordseo="Reliance">Reliance</keyword> Industries shares hit a record high on Monday morning.</li><li>Analysts believe that <keyword id="58448" type="COMPANY" weightage="20" keywordseo="Reliance-Retail">Reliance Retail</keyword>’s fundraise and the recent acquisition of Kishore Biyani’s Future Retail will give the company enough ammunition to take on global players like Amazon. </li><li>On Wednesday, Reliance had announced the first big cheque for its retail venture from the American PE firm Silver Lake.</li><li>The shares have rallied as Ambani is planning a Jio-like fundraising for his retail venture – Reliance Retail. </li></ul>Mukesh Ambani-led Reliance Industries shares hit a record high of ₹2356 on Monday morning. The shares have rallied as Ambani is planning a Jio-like fundraising for his retail venture – Reliance Retail. <div type="image" title="Reliance share price new 1." msid="78103136" hostid="261"></div> The recent rally has added to Ambani’s wealth as he takes the 7th spot in the world’s richest list with a net worth of $83 billion, according to <a href="https://www.bloomberg.com/billionaires/">Bloomberg Billionaires Index.</a> On September 9 (Wednesday), Reliance had announced the first big cheque for its retail venture from the American PE firm Silver Lake. The investment firm pumped in $1 billion into Reliance’s retail unit in exchange for a 1.75% equity in the company. But that’s not it. Reliance Retail is all set to raise a slew of <keyword id="6362476" type="UNKNOWN" weightage="20" keywordseo="investments">investments</keyword> just like <keyword id="2003276" type="PERSON" weightage="20" keywordseo="Jio">Jio</keyword>, and from existing investors of Jio only, a source told Business Insider. After the Silver Lake deal, PE firm KKR and Middle East sovereign funds Abu Dhabi Investment Authority, Mubadala, and Saudi Public Investment Fund are also in talks for an investment, added the source. <a href="https://www.livemint.com/companies/news/carlyle-may-pick-up-2-billion-stake-in-ril-s-retail-arm-11600042534910.html">Reports</a> also say that PE firm Carlyle may also invest $2 billion in the company. According to a <a href="https://www.timesnownews.com/business-economy/companies/article/ril-poised-to-raise-over-rs-60000-crore-from-15-stake-sale-in-retail-biz-jio-investors-pif-kkr-adia-may-pick-up-stakes/650253">report</a>, Reliance could give up a 15% stake in its retail arm – Reliance Retail Ventures Limited. Reliance Retail could raise as much as $5.7 billion at a valuation of about $57 billion (₹4.21 lakh crore). The current market value of RIL is ₹13.9 lakh crore, making the retail business worth about a third of the stock's worth. Analysts believe that Reliance Retail’s fundraising and the recent acquisition of Kishore Biyani’s Future Retail will give the company enough ammunition to take on global players like Amazon. “With higher cash balance, recent acquisition of retail &amp; wholesale business of Future Group along with stronger product portfolio and distribution reach, the company is well poised to give competition to Amazon in online space and other retailers,” said a report by IDBI Capital. Reliance Retail’s fundraising comes after Ambani’s Jio platforms raised over $20 billion from marquee funds and technology giants like Facebook and Google. SEE ALSO: <a href="https://www.businessinsider.in/business/news/yatra-failed-merger-with-ebix-dents-the-companys-earnings-in-an-already-troubled-quarter/articleshow/78031342.cms">Yatra's failed merger with Ebix dents the company's earnings in an already troubled quarter</a> <a href="https://www.businessinsider.in/retail/news/reliance-retail-raises-1-billion-from-silver-lake-valuing-the-chain-at-57-billion/articleshow/78009435.cms">Reliance Retail raises $1 billion from Silver Lake valuing the chain at $57 billion</a>

Reliance shares hit record high as retail business goes the Jio way to raise funds

Online travel portal <keyword id="6362992" type="COMPANY" weightage="20" keywordseo="yatra">Yatra</keyword> is merging with <keyword id="6357328" type="COMPANY" weightage="100" keywordseo="NASDAQ">NASDAQ</keyword> listed <keyword id="1919669" type="UNKNOWN" weightage="100" keywordseo="Terrapin">Terrapin</keyword> 3 Acquisition Corporation (TRTL) that values Yatra at an enterprise value of $218 million. 
 
TRTL is formed for effecting a merger, acquisition, or similar business combination and had raised $212.75 million in its IPO in July 2014 and the combined entity will be listed on NASDAQ as Yatra (YTRA). 
 
As per reports, MIHI LLC, an affiliate of Macquarie Capital, has committed to buy an additional $20 million of TRTL equity as part of the transaction and Yatra will continue to own at least 35 per cent of the issued and outstanding shares in the combined company. 
 
In addition, existing shareholders of Yatra may receive additional consideration of up to $35 million upon the achievement of certain financial objectives during the 18 months. 
 
Yatra, which was founded in 2006, will continue to be led by co-founder Dhruv Shringi. 
 
Yatra customers booked more than 2.8 million air travel reservation and hotel stays with total transaction value worth more than $900 million during fiscal year ended March 2016 at a growth of 25 per cent. 
 
(Image: Thinkstock)

Online travel portal Yatra is merging with Terrapin 3 Acquisition Corp, to be listed on NASDAQ

<ul><li>The IPO of <keyword id="5030468" type="UNKNOWN" weightage="20" keywordseo="EaseMyTrip">EaseMyTrip</keyword> will open on March 8 and remain open till March 10. </li><li>The company has set the price band for the issue at ₹186 to ₹187 per share. </li><li>The OTA offers a range of products and services for end-to-end travel solutions, from airline tickets to rail tickets and bus tickets to taxis, holiday packages, and much more. </li><li>EaseMyTrip.com is the second largest online travel agency in India in terms of booking volume in the nine months ended December 31.</li></ul>The ₹510 crore initial public offering (IPO) of India’s second-largest online travel agency EaseMyTrip.com will hit the capital markets next week. The IPO will open on March 8 and remain open till March 10. The Delhi-based online travel agency Easy Trip Planners operate EaseMyTrip.com. The offer comprises an offer for sale of up to ₹255 crore by its promoters Nishant Pitti and Rikant Pitti, holding 49.81% and 49.68%, respectively, in the company. The company has set the price band for the issue at ₹186 to ₹187 per share. The online travel agency (OTA) offers a range of products and services for end-to-end travel solutions, from airline tickets to rail tickets and bus tickets to taxis, holiday packages, hotels, and much more. This would be the tenth initial public offering this year after Indian Railway Finance Corporation (IRFC), Indigo Paints, Home First Finance Company (HFFC), Stove Kraft, Brookfield India REIT, Nureca and RailTel recently concluded their listings. Easy Trip Planners IPO opens next week <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Issue details </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Opens on </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">March 8 </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Closes on </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">March 10 </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Price band </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹186 to ₹187 per share </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Minimum bid </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">80 equity shares </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Reservation for qualified institutional buyers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">75% </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Reservation for non-institutional buyers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">15% </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Reservation for retail investors </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">10% </td></tr></tbody></table> Once the IPO is concluded, the equity shares will be listed on both the exchanges — BSE and NSE. Axis Capital and JM Financial are the book running lead managers for its public offering IPO. Easy Trip Planners IPO: All you need to know <ul><li>According to the CRISIL Report, EaseMyTrip.com was the only profitable online travel agency among other key agencies in India in the fiscal years 2018 to 2020. The other key players in India include Cleartrip, MakeMyTrip and Yatra Online.</li><li>EaseMyTrip.com is the second largest online travel agency in India in terms of booking volume in the nine months ended December 31.</li><li>The company has been consistently profitable over the past three years, with its profit growing from ₹3 lakh in 2018 to 32.9 crores in 2020.</li><li>In terms of annual growth in operating revenues during FY 2018 to FY2020, Easy Trip Planners Limited recorded the fastest growth at a compound annual growth rate (CAGR) of approximately 19%, among key online travel agencies in India like MakeMyTrip Limited and Yatra Online.</li><li>Indian OTA industry is expected to grow at a CAGR of 1% to 2% from fiscal 2020 to fiscal 2023 in terms of gross booking revenues.</li></ul>SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/instagram-accidentally-hid-likes-for-some-users-after-expanding-long-running-test-feature-says-cnn-report/articleshow/81308217.cms">Instagram accidentally hid likes for some users after expanding long-running test feature, says CNN report</a><a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/instagram-accidentally-hid-likes-for-some-users-after-expanding-long-running-test-feature-says-cnn-report/articleshow/81308217.cms"></a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/paypal-which-had-shut-down-domestic-operations-in-india-now-plans-to-hire-1000-engineers/articleshow/81307572.cms">PayPal, which had shut down domestic operations in India, now plans to hire 1,000 engineers</a>

You Searched For "yatra shares" and got 6 results

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