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    Infibeam’s Rs450 crore IPO subscribed 0.63 times on Day 2

    A file photo of founder Vishal Mehta. The Ahmedabad-based e-tailer, which aims to raise Rs450 crore from the share sale, has run into problems with two of the four domestic investment banks opting out on concerns over pricing and timing of the issue. Mumbai: Infibeam Incorporation Ltd, the first Indian e-commerce firm to go public, […]