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Top headlines: Zomato raises IPO size; 15 ministers inducted into Cabinet

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Narendra Modi
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PM Narendra Modi with his new Council of Ministers

BS Web Team
Zomato raises IPO size amid robust demand; issue likely to open on July 14

Food delivery company Zomato’s Rs 9,375-crore initial public offering (IPO) will open for subscription on July 14, said investment banking sources on Wednesday.

The company initially was looking to raise Rs 7,500 crore through the offering. READ HERE.

Team Modi 2.0: 15 ministers inducted into Cabinet, 28 sworn-in as MoS

Prime Minister Narendra Modi has laid a premium on performance in the 2021 Cabinet reshuffle. While 12 ministers were axed, seven junior ministers have been promoted as Cabinet ministers.

As many as 15 Cabinet ministers, including some new faces, were