Dorf-Ketal Chemicals India Limited files its Draft Red Herring Prospectus with SEBI, aiming to raise up to Rs 5,000 crore through an IPO. The specialty chemicals manufacturer operates 16 facilities globally and boasts a strong financial performance with revenue and EBITDA growth over recent years.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.