Shares of Star Health and Allied Insurance Company made a weak debut on Dalal Street on Friday, listing at a discount to the issue price on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The shares of the Rakesh Jhunjhunwala-backed company got listed at Rs 845 per share on the NSE at a 6 per…
The initial public offering (IPO) of Rakesh Jhunjhunwala-backed Star Health and Allied Insurance Company opened for subscription on Tuesday. Investors will be able to bid for the public offering till December 2. The company said yesterday that it has raised a little more than Rs 3,217 crore from anchor investors ahead…
Boeing Co. is in advanced discussions with a newly created Indian budget carrier to sell 737 Max jets, according to people familiar with the matter, a deal that could give the U.S. planemaker a crucial breakthrough in a major market dominated by Airbus SE. The airline, Akasa, backed by billionaire investor Rakesh…