Weekly Flashback: Top News That You Might Have Missed

Published : 01 December 2023

By : Sachin Gupta

Tata Technologies IPO listing

Tata Group issued an IPO after 20 years and got listed with a 140% premium making it one of the biggest IPO hits this year. Per share issue, the price was Rs. 500, against the listing price of Rs. 1200.

Berkshire Hathaway exits Paytm

Berkshire Hathaway has exited Paytm by selling its 2.5% stake for Rs. 1370 cr in a bloc deal. This has resulted in a Rs.600 cr loss for Berkshire Hathaway. 

RBI approves Canara Bank for disinvestment in subsidiary

On November 28th, Canara Bank received a positive nod from RBI to sell 70% of its stake in its subsidy called Canbank Factors Ltd.