Travel Food Services IPO, India's ninth-largest this year, came in a month when firms are expected to raise $2.4 billion through initial share sales.

Gift Nifty was trading around 25,581 level, a discount of nearly 30 points from the Nifty futures’ previous close, indicating ...

Travel Food Services, an Indian airport restaurant and lounge operator, has raised $234 million in India's ninth-largest IPO this year, largely backed by institutional investors.