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…
Lenskart IPO Issue Subscribed 18% On Day 1
The initial public offering (IPO) of eyewear major Lenskart was subscribed 18% on the first day of bidding, showing strong retail and institutional investor interest. Market analysts attribute this to Lenskart’s dominant online-offline hybrid business model, healthy financial performance, and brand value. The IPO is among the most anticipated in the consumer-tech space, signaling renewed investor confidence in the Indian equity market. The development reflects robust stock market participation driven by improved liquidity and positive sentiment toward tech-enabled consumer brands. The company’s governance framework, transparent disclosures, and growth trajectory underline its compliance with SEBI regulations and corporate governance best practices.