The IPO consists of a fresh issue of shares worth Rs 617.69 crore and an offer for sale (OFS) of up to 1.42 crore shares with a face value of Rs 5 per share.
India’s gold consumption is projected to drop to 650–700 tonnes this year as a sharp price rally hurts jewellery demand. Investment buying remains strong, with
Federal Reserve President John Williams told CNBC on Friday he does not see an imminent need to follow last week’s interest rate cut with another
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