Swiggy’s IPO worth Rs 11,324 crore is open until November 8, with a price range of Rs 371-390 per share and a minimum lot size of 38 shares. Institutional investors like Accel India and Norwest Venture Partners are selling portions of their holdings, with the funds supporting debt repayment and expansion. Despite being unprofitable, Swiggy’s growth potential in the quick commerce sector makes the IPO attractive for long-term investors.
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Border fencing in West Bengal's Malda suspended after objections by BGB
Fencing work near the Bangladesh border in Malda has been suspended due to disputes between Border Guard Bangladesh (BGB) and India’s Border Security Force (BSF). Efforts to resolve the issue are expected to be discussed in upcoming DG-level talks, as construction has been stalled since November 2024 following objections from Bangladesh, despite previous mutual consent for the project. Full Article
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