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Thursday, July 13, 2023

Netweb Technologies IPO: Price band, issue date and all important details

Indian server maker Netweb Technologies India’s Rs 631 crore ($85m) initial public offering (IPO) will be available for subscription from 17-19 July, with bidding starting 14 July. The IPO includes Rs 206 crore in fresh equity and an offer-for-sale of 8.5 million equity shares by existing shareholders comprising Sanjay Lodha, Vivek Lodha, Navin Lodha, Niraj Lodha and Ashoka Bajaj Automobiles.

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Reinsurance buffers crash claim, Tata AIG logs Rs 1,008 crore profit

The General Insurance Corporation had estimated claims of over $400 million last year from the Air India Ahmedabad crash. Since then, reinsu...