India’s Finance Minister Nirmala Sitharaman is boosting efforts to raise funds and control the fiscal deficit. The government is protecting citizens from rising crude oil prices. Lockdowns are not planned. She urged leaders to avoid spreading rumors. Excise duty on petrol and diesel has been cut to manage domestic inflation and volatility.
Molbio Diagnostics collects Rs 281 cr from anchor investors ahead of IPO
Molbio Diagnostics has successfully attracted Rs 281.5 crore from anchor investors ahead of its much-anticipated initial public offering. The company aims to raise between Rs