Cash Ur Drive Marketing’s IPO will open for subscription. The company aims to raise Rs 60.79 crore through a fresh issue and offer for sale. The IPO price band is Rs 123 to Rs 130 per share. The IPO will close on August 4. Allotment is expected on August 5.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction