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Jaro Education IPO Subscribed 87% on Day 1 of Share Sale
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Jaro Education IPO Subscribed 87% on Day 1 of Share Sale

The initial public offering (IPO) of Jaro Institute of Technology Management and Research Ltd, widely known as Jaro Education, received an 87% subscription on the first day of its share sale on Tuesday. According to data available on the NSE, the IPO received bids for 32,41,168 shares against 37,23,404 shares on offer. Among investor categories,...

Relief for Adani Group as SEBI Dismisses Hindenburg Report Allegations
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Relief for Adani Group as SEBI Dismisses Hindenburg Report Allegations

Ahmedabad: Adani Group Chairman Gautam Adani on Thursday strongly criticised the allegations made by US-based short-seller Hindenburg Research, demanding a “national apology” from those who propagated what he described as “false and baseless narratives.” His statement comes after the Securities and Exchange Board of India (SEBI) officially gave the Adani Group a clean chit in...