Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Ather Energy IPO: Retail Portion Subscribed 63% On Day 1
Ather Energy's IPO saw the retail portion being 63% subscribed on the first day. This indicates the initial response from individual investors to the electric scooter manufacturer's public offering. The subscription level on day one provides an early indication of investor interest in the IPO, which will determine the overall success of the fundraising effort and the valuation of the company in the public markets. The IPO will allow Ather Energy to raise capital for growth and provide an exit opportunity for early investors