ICICI Prudential AMC’s CIO, S Naren, advises caution on gold investments, despite its current popularity, citing unattractive value compared to two years prior. He highlights low Indian 10-year government security rates relative to higher global yields. Naren suggests a diversified, conservative investment approach across multiple asset classes, while remaining optimistic about India’s macroeconomic stability.
Pristine Logistics confidentially files IPO docs with Sebi
Pristine Logistics and Infraprojects has confidentially filed its DRHP with Sebi for an IPO. The rail-focused multimodal logistics company is expanding terminals, warehousing and cargo