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The IPO, which opens Wednesday and closes Friday, has been priced in the band of 371-390 per share. The grey market premium - the price in the unofficial market that investors pay for the shares before listing - was at 20 for Swiggy on Tuesday, a 5% premium to the upper price band of 390.
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A proposed average rise of 21% a year will cause 'intolerable strain', a consumer group warns.
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With foreign institutional investor headroom in HDFC Bank remaining above 20% in the quarter ended September, India's largest private-sector bank is set to attract an additional $1.8 billion in foreign inflows.
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News and Media
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