Capital Infra Trust InvIT’s IPO opens today, targeting Rs 1,578 crore. Priced between Rs 99-100 per unit, 75% is for institutional investors and 25% for non-institutional investors. Proceeds will repay loans. Sponsored by Gawar Construction, the trust focuses on road and highway projects. SBI Capital Markets and HDFC Bank are lead managers.
DGTR recommends countervailing duty on copper wire imports
The Directorate General of Trade Remedies (DGTR) suggests imposing countervailing duties, ranging from 3.46% to 10.27%, on copper wire imports from Vietnam, Thailand, Malaysia, and