Tuesday, October 13
Amid warming up of ties with Taliban, India has relaunched visa services for Afghan nationals. Visas will be issued primarily for people with ailments on a case-to-case basis. A notification on the government's official visa portal, indianvisaonline.gov.in, launched the 'New AFGHAN Visa' module for six categories of visa. However, highly-placed sources told ET that preference would be given to health visas on a case-to-case basis.The newly updated portal lists categories including student, business, medical, medical attendant, entry and UN diplomat visas. Applicants are required to upload a recent front-facing photograph along with the passport and national ID card that must contain personal details such as name, date of birth, nationality and expiry date.The move follows growing diplomati
The initial public offering (IPO) of storage solutions provider Aegis Vopak Terminals opened for public subscription today, May 26, and will close on May 28.As of 11:12 am, the issue had received bids for 11,03,697 shares, just 2% of the total offer size of 6,90,58,296 shares. The retail portion was subscribed 8%, while the non-institutional investor (NII) category saw 1% subscription. No bids were received from qualified institutional buyers (QIBs) so far.Ahead of the IPO opening, Aegis Vopak Terminals raised Rs 1,260 crore from 32 anchor investors by allotting over 5.36 crore equity shares.GMP of Aegis Vopak Terminals IPOAccording to market observers, the IPO is commanding a grey market premium (GMP) of Rs 9–10, indicating a modest 4% premium over the issue price.Should you subscribe t
Indian online investment platform Groww has filed draft papers confidentially with the country's markets regulator for an initial public offering between $700 million and $1 billion, two sources said on Monday. The IPO is a mix of fresh issue of shares and existing investors paring some stake, the sources said, adding that the company aims to list in the last quarter of this calendar year. Groww, which was last valued at $7 billion, is eyeing a similar valuation for its public listing, the sources added. A confidential filing allows companies to seek the regulator's comments without disclosing their IPO documents to the public. Groww did not immediately respond to Reuters' request for comment.
