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Mumbai: The initial public offering (IPO) of Manipal Health Enterprises, which operates a pan-India network of multispecialty hospitals offering services ranging from outpatient care to tertiary and quaternary interventions, is now open for subscription.  The three-day subscription window will close on July 31, 2026. The price band for the IPO has been fixed at Rs 560-590 per share, valuing the company at a little over Rs 77,600 crore at the upper end. Employees of Manipal Health bidding for the public issue will receive a discount of Rs 56 per share. Raises Rs 4,167 crore from anchor investors  Ahead of the…

Mumbai: The initial public offering of precision engineering components maker Indo-MIM Ltd received a strong response from investors and was subscribed 72.37 times overall. According to data available on the National Stock Exchange (NSE), the company's IPO received bids for 3,98,55,10,020 shares against 5,50,93,201 shares on offer. The quota for Qualified Institutional Buyers (QIBs) received a whopping 204.34 times subscription. The category for non-institutional investors attracted 50.63 times subscription, and that of retail investors received 6.67 times subscription. Now that the allotment basis has been finalised, investors can check their allotment status on the websites of the National Stock Exchange…

Kolkata: West Bengal Chief Minister Suvendu Adhikari said state government employees will receive a 20 per cent additional dearness allowance (DA) and their October salaries before Durga Puja. The Chief Minister also said he is committed to reducing the dearness allowance gap between central and state government employees. He also stated that the government is planning to implement the 7th Pay Commission this fiscal. He said that terms of reference (ToR) for the 7th Central Pay Commission (CPC) have already been prepared and would be constituted once finalised.  Chief Minister gives instructions to the Finance Minister and Finance Secretary Addressing…

Mumbai: Shares of fast-moving consumer goods (FMCG) major Hindustan Unilever Ltd (HUL) rebounded nearly 5 per cent on Wednesday, a day after falling nearly 7 per cent following its April-June quarter earnings. The stock opened in the green at Rs 2,043.65, a gain of Rs 20.5 or 1.01 per cent, from the previous close of Rs 2,023.15 on the BSE. The positive momentum continued, and the scrip touched an intraday high of Rs 2,103.50, a gain of Rs 80.35, or 3.97 per cent, from the last closing price.