Marc Loire Fashions launches its IPO today, aiming to raise ₹21 crore through a fixed price issue. The women’s footwear company will use the funds to expand its retail presence with 15 new outlets and support working capital. With a strong financial performance, including a PAT margin of 11.
Patchy rains may hit rural lending, banks stay cautious
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong