Published : 01 December 2023
By : Sachin Gupta
Tata Group issued an IPO after 20 years and got listed with a 140% premium making it one of the biggest IPO hits this year. Per share issue, the price was Rs. 500, against the listing price of Rs. 1200.
Berkshire Hathaway has exited Paytm by selling its 2.5% stake for Rs. 1370 cr in a bloc deal. This has resulted in a Rs.600 cr loss for Berkshire Hathaway.
On November 28th, Canara Bank received a positive nod from RBI to sell 70% of its stake in its subsidy called Canbank Factors Ltd.