Day: September 12, 2020

admin September 12, 2020

Moody’s Investors Service, a U.S.-headquartered rating agency projected India’s GDP to contract 11.5% in FY21. A couple of rating agencies announced their projections of India’s GDP this week. Here’s a quick snapshot: Goldman Sachs: -14.8% Fitch Ratings: -10.5% India Ratings: -11.8%

admin September 12, 2020

Route Mobile Ltd.’s initial public offering (IPO) was subscribed almost 74.28 times on the final day of bidding. The IPO received bids for around 89.14 crore shares with 1.2 crore shares that were on offer. Non-institutional investors bids subscribed 195.61 times while institutional investors bid a little more than 90 times. Retail investors subscribed 12.7 […]