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Top headlines: Zomato listing today; Vi gets nod for FDI up to Rs 15,000 cr

Business Standard brings to you the top headlines on Friday

Zomato
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Zomato’s public offering had seen nearly 40 times more demand than shares on offer and garnered bids worth over Rs 2 trillion—among the highest for domestic IPOs.

BS Web Team
India’s first unicorn Zomato will make its stock market debut on Friday, marking a historic moment for the domestic capital market. Read more on this and other top headlines.

Cash-strapped Vodafone Idea gets nod for FDI up to Rs 15,000 crore

Cash-strapped telco Vodafone Idea’s proposal for investment of up to Rs 15,000 crore through foreign direct investment (FDI) has been approved by the Union government, according to officials. A top-level group, comprising representatives from the ministries of home affairs, external affairs, finance and commerce and industry, took the decision. Read more

Strategic divestment: Valuation of companies caught