Prudential Plc is planning to list ICICI Prudential AMC, India’s second-largest mutual fund house, through a ₹10,000 crore IPO. The offering, subject to approvals, will involve a 10-15% stake sale, with proceeds intended for shareholder returns.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.