The QIP market seems to be showing signs of revival. On Tuesday, Hitachi Energy India’s ₹2,000 crore QIP – the largest such offering so far this year – was subscribed two times. With demand doubling, the company is likely to partially exercise the green shoe option. On Tuesday, another company, Centum Electronics, launched a ₹250 crore QIP.
Govt prioritising lower denomination notes and digital transactions: Sitharaman
Union Finance Minister Nirmala Sitharaman emphasized the government’s focus on promoting lower denomination currency and increasing digital transaction awareness. With the Rs 2000 note nearly