Smartworks Coworking Spaces will launch its IPO on July 10. The company aims to raise between Rs 576 crore to Rs 583 crore. The IPO will include a fresh issue of shares and an offer for sale. The price band is fixed at Rs 387 to Rs 407 per share.
RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore
The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate