The net proceeds generated from the IPO will be utilized by Krystal Integrated Services for working capital requirements, funding capital expenditure, and general corporate purposes. Inga Ventures Pvt Ltd is the book running lead manager for the IPO, while Link Intime India Private Ltd serves as the registrar.
The deal aims to implement a complex cloud transformation, boosting TCS' communications and media vertical amidst industry slowdown
The contract, approved by the Cabinet Committee on Security (CCS), was signed under the Buy (Indian-IDDM) category.
SpiceJet recently received three airframes through settlement agreements with key aircraft lessors, strengthening its fleet capabilities
On March 6, the RBI prohibited card issuers from entering into arrangements with card networks restricting them from utilizing services of other networks.
Oil & Gas, Power, Telecom, and Media sectors saw increases of 2-3% in their respective indices. BSE Midcap and Smallcap indices also rose by 2-3%.
The retail portion experiences significant demand on the last day, with QIB participation indicating potential full subscription.
The NPCI, which handles UPI payments, is working with all banks to speed up the TPAP procedure by March 15.
Except banking, all other sectoral indices ended in the green, with telecom, power, and oil & gas sectors adding 3% each, while auto, capital goods, FMCG, Information Technology, healthcare, and metal sectors rose by 1-2%.
The total transaction value for the purchase amounted to ₹446.61 Crore.

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