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Unlisted dreams, listed disappointments? NSDL's IPO leaves pre-IPO investors riled.
Unlisted dreams, listed disappointments? NSDL's IPO leaves pre-IPO investors riled.

Economic Times

time3 days ago

  • Business
  • Economic Times

Unlisted dreams, listed disappointments? NSDL's IPO leaves pre-IPO investors riled.

NSDL is set to open its INR4,011 crore IPO on July 30, pricing shares in the range of INR760 - INR800. But while the depository's fundamentals are strong, the pricing has left a bitter aftertaste for investors who bought in the unlisted market at around INR1,025 — a near 22% haircut at the upper end of the IPO band. The offer is entirely an offer-for-sale, with no fresh issue component, which means no capital infusion for the company — just an

Unlisted dreams, listed disappointments? NSDL's IPO leaves pre-IPO investors riled.
Unlisted dreams, listed disappointments? NSDL's IPO leaves pre-IPO investors riled.

Time of India

time3 days ago

  • Business
  • Time of India

Unlisted dreams, listed disappointments? NSDL's IPO leaves pre-IPO investors riled.

NSDL is set to open its INR4,011 crore IPO on July 30, pricing shares in the range of INR760 - INR800. But while the depository's fundamentals are strong, the pricing has left a bitter aftertaste for investors who bought in the unlisted market at around INR1,025 — a near 22% haircut at the upper end of the IPO band. The offer is entirely an offer-for-sale, with no fresh issue component, which means no capital infusion for the company — just an

New maternity charges for visitors at public hospitals
New maternity charges for visitors at public hospitals

Daily Tribune

time18-06-2025

  • Health
  • Daily Tribune

New maternity charges for visitors at public hospitals

Non-Bahraini visitors and non-residents will be charged new rates for childbirth at government hospitals from 1 July 2025, under a decision by the Supreme Council of Health (SCH). Natural births will cost BD425, while caesarean sections will be priced at BD1,025. The change follows a detailed review carried out with the relevant bodies to re-examine the cost of maternity care. The figures were adjusted to match the actual outlay, including pay for medical staff, supplies used during delivery, and supporting services. Those living in Bahrain and women employed in the public sector are not affected by the revised prices. They will continue to receive maternity services as per the current rules. The Council said the move is part of its push to improve how services are shared out and to ensure the quality of care can be maintained over time.

MARKET PULSE PM MAY 21, 2025 [WATCH]
MARKET PULSE PM MAY 21, 2025 [WATCH]

New Straits Times

time21-05-2025

  • Business
  • New Straits Times

MARKET PULSE PM MAY 21, 2025 [WATCH]

KUALA LUMPUR: News on stock, crypto and ringgit moves. Bursa Malaysia extended its decline for a fourth consecutive session, underscoring a deepening risk-off sentiment across Malaysia's equity market. The technology sector led losses with a nearly three per cent drop, as renewed US-China chip trade tensions weighed on sentiment. Meanwhile, the ringgit strengthened against the greenback, trading at 4.2730. In the cryptocurrency market, Bitcoin declined to RM454,025. Ethereum and Solana followed suit, falling to RM10,800 and RM716, respectively. That wraps up today's Market Pulse. qDKNC1oa2a0

Woman obliged to pay man Dhs 299,000 for tickets and hotel stay booked by him in UAE
Woman obliged to pay man Dhs 299,000 for tickets and hotel stay booked by him in UAE

Gulf Today

time22-04-2025

  • Business
  • Gulf Today

Woman obliged to pay man Dhs 299,000 for tickets and hotel stay booked by him in UAE

Abu Dhabi Family, Civil, and Administrative Cases Court ordered a woman to pay Dhs299,722 to a colleague who had arranged flight tickets and hotel bookings for her and her family through his connections with airlines and travel agencies, after promising him to pay later but failed to do so even after returning. The plaintiff stated that the woman travelled and returned without settling the payment for the business-class tickets and hotel reservations, totaling Dhs333,025 so he was forced to pay the amount himself after receiving a discount from the travel agency. During the trial, the judge questioned the plaintiff, who affirmed that he booked the tickets and accommodations for the appellee and her family, totaling Dhs299,722 but despite repeated requests, she did not pay, forcing him to cover the cost from his own account. He added that there was a witness to support his claim. The appellee denied the allegations, stating that the plaintiff, who was responsible for booking tickets at work, offered the tickets and reservations as a gift, which she accepted, arguing that he only demanded payment after a significant delay, indicating it was a gift. The witness, an employee of the travel agency, testified under oath that the plaintiff requested bookings for a female employee and her family, totaling approximately Dhs290,000 but it was discovered the request was personal, not related to a government entity, causing issues with the company's management. The plaintiff was asked to pay, and he later settled the amount after receiving a 30% discount, with receipts as proof. The witness also affirmed hearing the plaintiff's phone conversation with the appellee demanding payment. After reviewing the evidence, including SMSs between the parties (which the appellee did not deny) and the witness testimony, the court ruled in favour of the plaintiff and ordered the woman to pay him Dhs299,722.

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