Page 11 - Westlife Development News Today : Breaking News, Live Updates & Top Stories | Vimarsana

NEW DELHI: The Rs 1,838 crore IPO by Devyani International was fully subscribed on the first day of the bidding process. At 5:00 pm, the issue received bids for 30,23,56,560 shares, which was 2.7 times the issue size of 11,25,69,719 shares. The IPO is being sold in the Rs 86-90 price band. Last heard, the unlisted stock was commanding a grey market premium of Rs 63-65. Since the largest franchisee of KFC, Pizza Hut, and Costa Coffee is a loss-making firm, analysts are valuing it on metrics such as EV/Ebitda and EV/sales, and largely have a subscribe rating on the issue. Some of them even sugg...

Devyani International IPO in progress: Should you subscribe to the share sale? The firm has fixed a price band of Rs 86-90 for the IPO. At the upper end of the price band, the IPO is expected to fetch Rs 1,838 crore Devyani International has already raised Rs 824.87 crore from 63 anchor investors on August 3. BusinessToday.In Updated Aug 04, 2021, 10:50 AM IST The initial public offer (IPO) of Devyani International, the largest franchisee of Pizza Hut, KFC and Costa Coffee in India, has opened today. The firm has fixed a price band of Rs 86-90 for the IPO. At the upper end of the pric...

Share Market Highlights: Sensex ends above 52,900, Nifty at 15,853; Tech Mahindra, Infosys, IT stocks surge FE Online © Provided by The Financial Express India VIX ended 0.25% lower. (Image: REUTERS) Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity market benchmarks BSE Sensex and Nifty 50 closed with gains on Wednesday, one day ahead of weekly options expiry. BSE Sensex closed 0.25% higher at 52,904 while Nifty 50 gained 0.26% to end at 15,853.95. Both the indices recovered strongly after having slipped into the red during the initial hours...

Wake-up Call As business came to a standstill during last year's lockdown, food retail companies and restaurants embraced technology to stay afloat Illustration by Raj Verma Mumbai-based fine-dining restaurant, Bombay Canteen's Mother's Day Brunch, along with fancy cocktails and music, is something many upmarket residents of Maximum City look forward to every year. However, for the second consecutive year, Mother's Day had to be celebrated indoors because of the lockdown. Since restaurants are allowed to do home deliveries this time round, Bombay Canteen Founders Sameer Seth and Yash Bhanage ...

Top five listed lifestyle retailers and quick service restaurants - Aditya Birla Fashion and Retail, Shoppers Stop, Trent, Burger King, and Westlife Development - saved more than ₹2,700 crore mostly in operational costs last fiscal after negotiating with landlords and restructuring employee costs.