Kusumgar’s ₹650 crore IPO will open on July 8 with a 33% grey market premium. The engineered fabrics maker, serving defence and aerospace sectors, is launching a pure offer for sale, while two SME IPOs are also scheduled next week.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.