Shares of Voltas declined despite a sharp rise in profit and revenue for the September quarter. The company’s consolidated net profit surged 269% to Rs 133 crore, driven by strong performance in room AC business.
$20 billion of IPOs per year a new normal for India: JP Morgan
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next