Verified report from bloomberg.com
NewsMatic brief
National Stock Exchange of India Ltd. paid about 1.86 billion rupees ($19.4 million) in fees to the 20 banks that worked on its $2.4 billion initial public offering, according to an exchange filing.
NewsMatic provides a concise source-linked brief. The protected full report and continuing updates remain with the original publisher.
Read the full report at bloomberg.com →Related coverage
Life Insurance Corp. of India Ltd. was the biggest bidder in National Stock Exchange of India Ltd.’s initial public offering, according to people familiar with the matter, highlighting strong demand from local long-term institutional investors even as retail participation remained subdued.
Read on NewsMatic →
BlackRock, Capital Group and Schroders are among investors poised to buy into the initial public offering of the company behind the Philippines’ top mobile wallet, GCash, which is telling investors it’s on track to price the deal below the maximum, according to people familiar with the matter.
Read on NewsMatic →
So much bad news is priced into European auto stocks that some see Volkswagen AG’s profit warning as further evidence that things can only get better for the struggling sector.
Read on NewsMatic →
Borsa Istanbul is removing a factoring company at the center of Turkey’s crackdown on investment funds from its indexes of the country’s most valuable stocks.
Read on NewsMatic →
Stocks held onto gains from a rally in the artificial-intelligence trade as oil fell for a fifth day, with investors tracking diplomatic efforts to end the US-Iran war.
Read on NewsMatic →
GameStop shares rose 3% in postmarket trading after CEO Ryan Cohen reported an insider stock transaction to the US Securities and Exchange Commission.
Read on NewsMatic →
