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.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise