Top headlines: Zomato investors expect IPO bonanza; bonds rally on RBI word

Zomato's major shareholders are set to make gains in the range of 50 per cent to 6,450 per cent with the company's IPO. More news in our morning wrap.

Zomato's IPO is expected to be a winning bet for the company's private equity investors and early backers. Bonds rally after the Reserve Bank of India indicates that its accommodative policies would continue. Here are the top headlines at this hour. 

Zomato's Rs 9,375-crore IPO to bring bonanza for Info Edge, Sequoia, Goyal

Zomato’s much-awaited initial public offering (IPO) has turned out to be a major winning bet for several private equity (PE) investors and early backers of the online food delivery company.

The existing shareholders of the company are set to make gains in the range of 50 per