Rachit Prints, a mattress fabric maker, is launching its Rs 19.49 crore IPO on Monday, with shares priced between Rs 140 and Rs 149. The IPO, set to list on BSE SME on September 8, comprises a fresh issue of 13.08 lakh shares. The company intends to utilize the IPO proceeds for working capital, capital expenditure, and debt repayment.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation