PC Jeweller shares: To speed up its deleveraging efforts, PC Jeweller’s board approved a ₹500 crore fundraise in July from promoters and Capital Ventures Pvt Ltd. In addition, the company is expected to receive ₹1,300 crore through the conversion of warrants into equity shares by promoters and other investors.
Jio Platforms’ IPO-linked inflows boost rupee; elevated oil prices spur caution
The Indian rupee experienced a notable increase as Jio Platforms’ IPO attracted significant foreign investments. Despite this strength, rising oil prices raised concerns among traders