Classic Electrodes, a welding consumables manufacturer based in Kolkata, is launching its IPO on August 22, aiming to raise ₹41.51 crore through a fresh issue of shares. The company intends to use the IPO proceeds for purchasing new machinery, repaying debt, and meeting working capital needs. Ahead of the IPO, Classic Electrodes raised ₹11.69 crore from anchor investors.
Silver and gold ETFs fall up to 4% ahead of Fed decision. What investors should do
Silver and gold ETFs fell nearly 4% on Wednesday, tracking a mild decline in MCX prices as investors turned cautious ahead of the U.S. Federal