ipo allotment status

IPO Boom: Five Major Initial Public Offerings to Watch This Week

The Indian primary market is buzzing with activity as five mainboard IPOs prepare to hit Dalal Street, aiming to collectively raise ₹18,340 crore over the next three days. With renewed investor interest and rising grey market premiums (GMPs), these IPOs are expected to fuel the ongoing bullish sentiment and historic highs in the Indian IPO market. IPO Highlights: Dates,…

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YesMadam Under Fire for Layoffs Following Employee Mental Health Survey

YesMadam Layoffs StressFire Under Fire for Employee Mental Health Survey

Noida-based home salon services startup YesMadam, known for its appearance on Shark Tank India, is facing massive backlash online after allegedly laying off over 100 employees based on the results of a mental health survey. The incident has triggered widespread criticism, particularly on LinkedIn, with many questioning the ethics behind the company’s actions. The Controversial Layoffs A YesMadam employee, reportedly…

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Six Former Apple Employees Charged with Defrauding Charity Donation Program

Six Former Apple Employees Charged with Defrauding Charity Donation Program

In a shocking case of fraud, six former Apple employees have been charged with stealing over $150,000 by exploiting Apple’s charity donation matching program. The scheme, which spanned three years (July 2018 to April 2021), involved fake donations to children’s charities, enabling the accused to pocket the funds intended for charitable causes. The Scheme: How…

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Ola Electric Announces Historic Expansion: 4,000 Stores to Open on December 20

Ola Electric Announces Historic Expansion: 4,000 Stores to Open on December 20

Bhavish Aggarwal, Chairman & Managing Director of Ola Electric, has announced a groundbreaking expansion in India’s electric mobility landscape. In a post on X (formerly Twitter), he revealed that Ola Electric will open 4,000 new stores across the country on December 20, 2024. This move, which increases their existing network from 800 to 4,000 locations,…

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