💨 Abstract
More Retail, backed by Amazon and Samara Capital, plans to raise ₹2,000 crore through an IPO by 2026. The funds will be used to expand to 3,000 stores by 2030 and reduce debt. Promoters, holding 99% of shares, are unlikely to sell any.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
Suggested
US, China reach deal to temporarily slash tariffs, easing slump fears
How Trump's chaotic trade war has evolved
Show cause notice issued to Amritsar municipal commissioner
Farmers in Himachal to get Rs 4 per unit power subsidy, announces state govt
Faridabad: Woman throws 2-yr-old son in canal believing tantrik he was 'jinn'
Students' group MZP urges Guv to ensure Centre releases post-matric scholarship to 4,000 students
Op Sindoor: Need heightened vigilance against 'urban naxals', says UP CM
Operation Sindoor new normal in counter-terrorism measures: PM Modi
Bopanna-Pavlasek advance; Yuki-Galloway pair exits from Rome Masters
PM gave clear message to Pakistan -- abandon terrorism or embrace annihilation: Himanta
Powered by MessengerX.io