Securities and Exchange Board of India approved IPO plans of Premier Industrial Corporation, Duroflex Limited, Virupaksha Organics, Hexagon Nutrition and Om Power Transmission. Issues include fresh equity and offer-for-sale components, with proceeds earmarked for expansion, capex, working capital and partial promoter exits.
US Stock Market | Unexpected job losses, rise in unemployment rate fan US labor market doubts
America’s job market saw an unexpected decline in February. Nonfarm payrolls dropped, and the unemployment rate climbed to 4.4 percent. This development presents a challenge