IKIO Lighting has set the IPO price band of Rs 270-285 per equity share and investors can bid for a minimum of 52 shares in one lot and multiples thereafter.
The bank aims to raise up to Rs.750 crore through the issuance of these bonds in one or multiple tranches
The proposed amendments to the stressed assets resolution circular of June 7, 2019 for including specific guidelines for compromises and settlements with borrowers, is definitely a welcome move.
Mystore's e-commerce platform, through ONDC, is leveraging Delhivery's extensive pan-India network.
If domestic CPI trajectory broadly proceeds along RBI’s projections, we believe that repo rate at 6.5% should provide sufficient disinflationary force to nudge inflation towards RBI’s target level.
The lowering of the inflation projection for FY24 to 5.1% signals towards a higher GDP growth and credit offtake can be expected to be higher.
On the sectoral front, Nifty Media, IT, Auto, and FMCG stocks are weighing down the charts.
The tie up with FTAI Aviation is intended to reduce maintenance expenses and aircraft downtime.
IndusInd Bank's appointment will enable them to digitally collect State Government Revenue and Receipts.
The initial public offer (IPO) of IKIO Lighting Limited opened for subscription on June 6 and will be closing today on June 8.