IIT-Patna achieves record placements, median salary rises 38%

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Anant Raj will demerge its data centre and cloud businesses into a separately listed entity, Ashok Cloud, enabling shareholders to directly participate in the digital infrastructure business. Eligible shareholders will receive two Ashok Cloud shares for every Anant Raj share held, subject to regulatory approvals and the record date announcement.

Knack Packaging IPO’s basis of allotment is expected today, following a highly successful subscription. Investors eagerly await confirmation of their share allocation in the Rs 439.5 crore issue, which saw overwhelming demand from all investor categories. The company’s shares are set to list on July 8, with a modest grey market premium indicating potential listing…