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Overseas investors sold shares worth 7,054 crore across eight sectors in the second-half of the month. The consumer services sector witnessed the highest foreign outflows at 2,784 crore, after receiving inflows worth 4,158 crore in August.
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According to investment bankers, there were some technical issues with the draft papers and Sebi requested the company to make necessary revisions. As a result, the company decided to withdraw and refile the DRHP, they said. "The withdrawal of the DRHP has nothing to do with the weak secondary market. The company is expected to submit the revised DRHP within a month," said one of the bankers.
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The platform wants customers to go 'green' as it tries to boost the take-up of electric cars.
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News and Media
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