TPG has been collaborating with consulting firm McKinsey to finalise the investment strategy and emphasis.
The IPO includes a fresh issue of ₹2,395 crore and an offer-for-sale of ₹505 crore by ACME Cleantech Solutions.
The profitability of Q2 was quite low due to customs duty losses and the necessity to invest in the growth of numerous enterprises.
The public sector corporation recorded a 19% YoY increase in net profit to ₹1,969 Crore in the first quarter of the current fiscal year.
Furthermore, the NPRA's recognition will enable Venus Remedies to capitalise on the expanding global demand for enoxaparin.
For euro/dollar options, the one-week implied volatility reached its highest level since March 2023.
According to Tuesday's comments, NTPC would build 2.4 gigawatt projects in Nabinagar in India's east and Telangana in the south.
The race's outcome was still up in the air, with crucial battleground states unlikely to be called for hours or even days.
Spot gold dropped 0.2% to $2,738.89 an ounce. Last Thursday, the price of bullion reached a record high of $2,790.15.
Swiggy aims to raise a total of ₹11,327.43 crore from this IPO, marking it as the second-largest IPO in India this year after Hyundai Motor India’s ₹27,870 crore.

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