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Thursday, August 11
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Paytm IPO Is Coming With The Biggest IPO

Paytm IPO Is Coming With The Biggest IPO

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Digital payment and financial service company Paytm IPO is coming up with the biggest IPO ( Initial public offering ). If a company offers its shares to the public for the first time under the primary market, then it is called IPO. This company will bring an IPO of 16,600 crores. The company has sent an application to the market regulator SEBI ( securities and exchange board of India) for the IPO. According to this draft given to SEBI, the value of this Noida-based company is being said to be $ 16 billion. The company said that in this IPO there will be an offer for sale (OFS) of Rs 8,300 crore and a fresh issue of Rs 8,300 crore. Before this, the IPO of 15,475 crores of Coal India, which came in 2010, was the biggest IPO ever. What will be changed In Paytm IPO? After ...
Reliance Jio and Saavan merger, now will be called Jio-Saavan

Reliance Jio and Saavan merger, now will be called Jio-Saavan

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[the_ad id="3627"] Reliance Jio is going to enter into the world of online music. For this, the company has tied up with the world's popular Sawan music app. Now it will be in front of the world in the name of Jio-Sawan. Its announcement was made on Friday evening by Geo Director Akash Ambani and director of Saawan. source Reliance Jio and Saavan Tie up According to the news, Reliance Industries Limited's Digital Music Service has announced a deal between 'Jio Magic' and the world's biggest music app 'Savan'. Together, the market value will be more than $ 1 billion. The market value of Jio Magic is 670 million US dollars. Apart from the merger, Reliance will invest $ 100 million in it. Under this, the first $ 20 million will be invested. On this occasion, Director of Reli...