India records 22 IPOs worth over USD 2.5 bn
India witnessed 22 initial public offers worth over $2.5 billion in the first three months of 2021 amid “high momentum” in the country’s capital markets and the trend is likely to stay bullish in the current quarter also, according to a report.
Leading consultancy EY India’s IPO (Initial Public Offer) report released on Wednesday showed consumer products and retail, diversified industrial products, automotive and transportation were the most active sectors in terms of the number of IPOs in the 2021 Q1.
The IPOs include both in the main as well as SME (Small and Medium Enterprise) markets. “With a robust Q1, IPO market likely to stay bullish in Q2 2021,” it said, adding that India ranks ninth globally in terms of the number of IPOs Year-To-Date (YTD) 2021. There were 22 IPOs that mopped up $2,570.44 mn in the Q1 of this year, including five in the SME space.
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Greece to start J and J coronavirus vaccinations on May 5
Greece plans to start the rollout of Johnson & Johnson’s COVID-19 vaccine on May 5 after Europe’s drug regulator backed its use, health authorities said on Wednesday.
“We expect decisions by the CDC and FDA on Friday and then by our national committee on vaccinations in the following days. Vaccinations will begin on May 5,” said Marios Themistocleous, secretary general in charge of vaccinations.
Greece had been expected to start J&J (JNJ.N) vaccinations on Monday before questions emerged over reports of very rare blood clotting disorders associated with the vaccine.
“Vaccines are the solution to this huge health crisis, that is the way to get our lives back,” said Health Minister Vassilis Kikilias.
Greece will have vaccinated 2.5 million people in May and 4.0 million by June, the minister said. To speed up the process, vaccinations will be done also on weekends and will be available at private clinics as well.
Authorities will open the vaccinations platform for those aged 30 to 39 years on April 27 for jabs with the AstraZeneca vaccine, Themistocleous said.
