Casserole king enters billionaire club after IPO

Mumbai-based housewares company Cello World made its stock market debut with a market value of over Rs 16,800 crore ($2.2 billion). The successful listing made Pradeep Rathod, the chief promoter of the company, a billionaire. The company, known for its range of casseroles, saw its stock rise 22% on its debut. Rathod has over 40...