Usha International, a company with roots in pre-independence India, is exploring a public listing. Promoters, including Krishna Shriram, are considering this move. The company, incubated by Delhi Cloth and General Mills, aims to support its future growth and expansion plans. Details on the potential initial public offering’s size and timing are not yet available.
FII exodus, crude shock, and Rupee under pressure: Deepak Shenoy breaks down India’s market storm
Indian stock markets are facing tough times due to global economic factors. Deepak Shenoy of Capitalmind MF advises investors to look beyond immediate market swings.