Taurian MPS, a crushing and screening equipment manufacturer, launches its Rs 42 crore IPO today, aiming to list on the NSE SME platform on September 16. The IPO consists of a fresh issue of 24.87 lakh shares, with proceeds allocated for machinery, R&D, working capital, and general corporate purposes. While revenue surged, profit after tax slipped due to rising expenses.
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