The Indian Rupee faced a significant drop, hitting a record low. This decline was influenced by concerns over U.S. tariffs and increased H-1B visa fees. Central bank intervention helped to control the losses. The rupee’s performance has been among the weakest in the region this year. Restrictions on services exports could further impact the currency.
PRISM’s IPO filing mentions Zostel case, CCI investigation
In its UDRHP-I filing to Sebi, the company any ‘adverse’ outcome in legal proceedings involving Zostel may materially and adversely affect its business, reputation, prospects,