Aegis Vopak Terminals launched its IPO on May 26, aiming to raise ₹2,800 crore through a fresh issue of shares. Initial subscription rates were modest, with retail investors showing more interest than other categories. The funds will be used for debt repayment, acquiring a cryogenic LPG terminal, and general corporate needs, with shares expected to list on June 2.
Sticky inflation clouds rate outlook, but AI and earnings keep markets resilient: Santosh Rao
The AI-driven market rally is expanding beyond tech, with healthcare, financials, and transportation sectors showing robust participation, signaling a healthy economy. Despite sticky inflation, strong