The offer is primarily for 5% and the government can retain bids for another 5% under the greenshoe option in case of oversubscription, the Department of Investment and Public Asset Management said.

Payments and merchant commerce firm Pine Labs has appointed Wall Street investment banks Morgan Stanley and Goldman Sachs as advisors for its initial public offering (IPO) in the United States next year, sources aware of the matter said.

Among the buyers were Stitching Depositary, American Funds Global, Integrated Core Strategies and BNP Paribas Arbitrage Fund who cumulatively bought 20.8 million units of the real estate investment trust.

TCS, which is positioning itself as a company that provides end-to-end consulting to implementations to global clients and gain more of their wallet share, is bullish on faster growth as customers across sectors invest in technology to transform their business.

The institutional investor has raised $275 million or over Rs 2,025 crore by selling around 6 per cent stake in the listed entity. The deals have resulted in reducing Blackstone’s holding in the REIT to 32 per cent from earlier 38 per cent.

The regulator has impounded the bank accounts of these individuals to the extent of Rs 13.58 crores.

JSW Steel obtained subscription bids worth $5.5 billion. The issue was not yet closed until the press time.

As we head for the weekly options expiry on Thursday, there was massive Put writing at strike prices 17,400 and 17,500 levels. The 17,500 strike saw addition of 5.2 million OI.

SEBI’s investigation found that Bhutada had shared information about Adar Poonawalla’s proposed takeover of Magma Fincorp in his capacity as MD and CEO of Poonawalla Finance.

Varroc Engineering, Zensar Technologies and Ami Organics hit upper circuit of 20 per each each, whereas BLS International soared 10 per cent. Investors booked profits in Suryoday Small Finance Bank and Dish TV India.