Afcons Infrastructure’s billion-dollar IPO, the largest in over two years, is set to launch in early October. The Shapoorji Pallonji Group’s engineering arm may increase the issue size to ₹8,400 crore. Proceeds will fund capital expenditure, working capital needs, and debt repayment. ICICI Securities and others are managing the issue.
HDFC Defence Fund top performance chart in March with 22% return
HDFC Defence Fund topped equity mutual fund returns in March with 22%. PSU-themed funds followed, with Invesco India PSU Equity Fund and Aditya Birla SL