Jio Platforms' IPO Closes at 22x
Jio Platforms' record IPO closed at 22.19x overall, with retail reversing from 0.73x on Day 1 to 2.72x at close. Allotment is now dated to ~26 October and listing tentatively to 28 October.
Airline Refunded GST to Passengers on Cancelled Tickets
GSTAT Ernakulam allowed Singapore Airlines' ₹45.92 lakh GST refund claim on COVID-cancelled tickets, holding that ticket number and passenger name across the invoice, credit note and refund voucher is sufficient documentary proof — a precedent useful well beyond airlines.