The company’s shares are expected to be listed on the exchanges on September 5. According to market sources, Vishnu Prakash R Punglia is commanding a premium of Rs 54 in the unlisted market.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise