Owner of Café Coffee Day (CCD) chain Coffee Day Enterprise is planning to come up with an IPO in a few weeks.

However, co-founder of Infosis Nanadan Nilekani and big bull Rakesh Jhunjhunwala have invested
in the company before it gets listed. The duo has invested Rs100 crore in pre-IPO placement, taking
the valuation of the company at Rs6000-6500 crore. 

The founder of D-Mart retail chain and prestigious investor Radhakishan Damani

MCX proposes to raise stake in Metropolitan Stock Exchange to 15%

Multi Commodity Exchange (MCX) has written to the Securities and Exchange Board of India (Sebi) to be allowed to raise its stake in Metropolitan Stock Exchange (MSE, earlier MCX Stock Exchange) to 15 per cent. The largest commodity bourse holds five per cent stake in MSE and 15 per cent is the