Prasol Chemicals, which filed its preliminary IPO papers with the regulator in April, obtained its “observation” letter on August 23, an update with the Securities and Exchange Board of India (Sebi) showed on Monday.
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.
Gold and silver prices opened higher on MCX as easing geopolitical tensions and US-Iran peace talk hopes influenced sentiment. Silver gained sharply while gold held
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