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The Rs 5,352-crore IPO of fashion and beauty eCommerce platform Nykaa has been fully subscribed on the first day of bidding. The offer has received bids for 41 million equity shares against the 26.4 million on offer, getting an overall demand of 1.55 times, according to exchange data available at 5 PM on Thursday.

Demand for gold may have dropped 7% globally during the July-September quarter, but there was no dent in purchases of the yellow metal in India, rising 47% to over 139 tonnes by volume. The growth was driven by falling Covid infection rates, which pushed people to venture out and shop, the latest report by World Gold Council (WGC) said.

The companies will pilot the digital platform at the Infosys Pune Development Centre in an environment that replicates a small city, where energy is generated, stored, and consumed at multiple points, it added.

The October 26 injunction order had restrained the overseas investor from taking any action or step with regards to its requisition notice to ZEE, including calling or holding an extraordinary general meeting (EGM) for the removal of managing director and chief executive Punit Goenka.

Rajiv Bajaj said that he has "enormous respect" for startups like Ola. “But we still have to see them produce something and sell something.

One97 Communications founder Vijay Shekhar Sharma and two of his holding companies — VSS Holdco and VSS Networks — together will own close to 66% in Paytm Insuretech and Swiss Re almost the rest.

In a conference call with analysts, CEO Ronojoy Dutta said the green shoots of demand are showing as average revenue booked per day in October has reached the pre-Covid levels of January 2020. Corporate travel demand has risen and is expected to further improve after Diwali.

London-based Foresight Group had put together a three-member consortium in March to bid for Shipping Corporation of India. The third member is Dubai-based GMS DMCC.

The intimation under Section 143(1) informs taxpayers about initial assessments carried out by the tax department and points out discrepancies in tax filings, and demands additional taxes, if any.

The Dow Jones Industrial Average fell 266.19 points, or 0.74%, to 35,490.69, the S&P 500 lost 23.11 points, or 0.51%, to 4,551.68 and the Nasdaq Composite added 0.12 point, or unchanged, to 15,235.84.