Ganga Bath Fittings launched its IPO on June 4, aiming to raise Rs 32.65 crore through a fresh issue of shares, with listing planned on NSE SME. The company, known for its bathroom accessories under brands like Ganga and Glimpse, will use IPO proceeds for expansion and debt repayment.
Asian stocks advance as Fed’s rate cut lifts mood
Asian markets followed Wall Street higher after the US Federal Reserve lowered interest rates. Fed Chair Jerome Powell indicated confidence in the US economy’s future.