Hindustan Zinc Share Price: Hindustan Zinc’s shares fell by around 5%, marking a 20% drop over the past week, as its offer for sale (OFS) opened for retail investors. Non-retail investors had oversubscribed the offered shares. Vedanta is planning to demerge its operations to manage refinancing risks and lessen its dependence on dividends from Vedanta Resources Ltd.
Euro hits 17-month low as French debt fears, US inflation lift dollar
The euro reached a 17-month low against the dollar due to worries over France’s budget deficit. Concerns about a potential euro-zone debt crisis have heightened