Rail Vikas Nigam Limited shares saw a surge. This followed the announcement of a new wholly owned subsidiary. The subsidiary is named Sabbavaram Sheelanagar Road Development Limited. It is based in Andhra Pradesh. RVNL also secured a contract from Central Railway. The contract is worth Rupees 159.79 crore. RVNL shares have shown positive growth over the past week and month.
Eye on IPO shores, companies set sail for Cayman
The Cayman Islands are emerging as a preferred destination for Indian software startups chasing global markets, offering greater flexibility in raising capital, whether from India