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The floor price for the offer for sale has been set at Rs 2,450 per share, the company said in an exchange filing. At the floor price, which is a 6.7% discount to the stock’s closing price of Rs 2,625.20 on the BSE on Wednesday, the sale will garner approximately Rs 2,867 crore.
The global total declined for only the second time in the last decade. The total number of billionaires stood at 3,112, down by 269 from the previous year, with 445 dropoffs and 176 new faces on the list, the report said.
A note by HSBC Global Research pegged Zomato’s market share at 55% and Swiggy’s at 45% for the first half of 2022, but that changed to 54% for Zomato and 46% for Swiggy in the second half.
The company said it would otherwise be unable to operate the facility at full capacity under the government’s emergency directives.
This is a little more than half the number it received over the previous six months.
“Dairy remains our core, but we have a robust pipeline of growth,” Mehta said, “We want to straddle every food category consumers use in the kitchen, and we are going about it with speed, scale and larger investments.”
Gurugram-based MobiKwik had received approval from India’s market regulator in October 2021 to raise Rs 1,900 crore—Rs 1,500 crore through the fresh issue of shares and Rs 400 via an offer for sale by its promoters and existing shareholders.
“Flutura will strengthen Accenture’s industrial AI services to increase the performance of plants, refineries, and supply chains while also enabling clients to accomplish their net zero goals faster,” Accenture said in a statement.
“We are pleased that the IMF Executive Board approved our programme, enabling Sri Lanka to access up to $7 billion in funding from the IMF and international financial institutions,” Wickremesinghe said, per AFP.
“Given the uncertain economy in which we reside, and the uncertainty that exists in the near future, we have chosen to be more streamlined in our costs and headcount,” Jassy wrote in a memo to staff.
Dismissing an appeal against the SAT’s January ruling, the court also directed the Securities and Exchange Board of India to return Rs 300 crore of the Rs 1,044 crore that the NSE had deposited with the regulator.
Spot gold surged as much as Rs 1,400 from the previous close to hit a lifetime high of Rs 60,100 per 10 gm, according to a PTI report. Silver also rose by Rs 1,860 to Rs 69,340 per kg.
The elusive brother Adani 
The bank also said it will support the bankrupt nation’s efforts to secure a $2.9 billion loan from the International Monetary Fund.
The WHO is seeking more information about the specific raw materials used by India’s Maiden Pharmaceuticals and Marion Biotech, and Indonesia’s PT Yarindo Farmatama, PT Universal Pharmaceutical, PT Konimex and PT AFI Farma, the report said.
“A master wielder of form and light, Doshi has left an indelible legacy. His contribution to architecture, art, life, culture and philosophy will be remembered forever,” Architectural Digest India wrote in an Instagram post announcing his death.
Cost reduction efforts, improved realization, favourable foreign exchange rates, a softening of commodity prices and higher non-operating income helped the company see an improvement in its margins during fiscal third quarter, it said in a stock exchange filing.