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GNG Electronics Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of equity shares aggregating up to Rs 825 core and an offer for sale (OFS) of up to 97 lakh equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Saturday.
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News and Media
Q: I recently took my Jeep in for routine service including the replacement of the drivers side headlamp. I know that its a pain to replace, but $650 to replace the bulb seems to me to be outrageous! The dealership said the HID ballast alone was about $450. I asked if I could switch to LED technology instead and was told no. Is it true that LEDs are not an option? Should I move on to an independent mechanic?
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News and Media
Indian equity markets experienced notable fluctuations during the week, before staging a strong recovery on Friday, closing the week with modest gains, a recovery underscores the market's resilience despite earlier volatility, with heavyweight sectors like FMCG and IT playing a key role in lifting investor sentiment.
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News and Media
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