Editorial PowerGrid InvIT IPO: All You Need to Know A new initial public offering (IPO) has hit the markets, and it is unlike anything we have covered in the past. PowerGrid Corporation of India has launched an InvIT IPO to raise funds for its power transmission assets. Let us take a closer look into PowerGrid InvIT, learn more about the IPO, and check whether […] Written by marketfeed Team April 30, 2021April 21, 2022
Market News Top 10 News Zomato to Raise Rs 8,250 crore via IPO – Top Indian Market News Zomato to raise Rs 8,250 crore via IPO Foodtech platform Zomato has filed a Draft Red Herring Prospectus (DRHP) with market regulator SEBI, proposing an initial public offering (IPO) of Rs 8,250 crore. The IPO will consist of a fresh issue of equity shares worth Rs 7,500 crore and an offer for sale (OFS) of […] Written by marketfeed Team April 28, 2021April 21, 2022
Market News Top 10 News Zydus Cadila’s ‘Virafin’ Gets DCGI Approval – Top Indian Market News Zydus Cadila’s ‘Virafin’ gets DCGI approval for treatment of moderate Covid-19 cases Zydus Cadila announced that it has received restricted emergency use approval from the Drugs Controller General of India (DCGI) to use antiviral drug ‘Virafin’ (Pegylated Interferon alpha-2b) for the treatment of moderate Covid-19 infections. Virafin will help Covid-19 patients recover faster and avoid […] Written by marketfeed Team April 23, 2021April 21, 2022
Editorial What are Infrastructure Investment Trusts (InvITs)? An Infrastructure Investment Trust (InvIT) is an investment scheme (similar to a mutual fund) that enables individual and institutional investors to directly invest funds in infrastructure projects. These investors, who collectively invest small amounts of money in income-generating assets, receive a small portion of the income in return. These ‘assets’ could include road projects, power […] Written by marketfeed Team February 4, 2021April 21, 2022