Flair Writing is a leading player in the pens segment, with a revenue of ₹754 crore in FY23 from the pens writing instruments segment in India. The company proposes to utilise the net proceeds of the fresh issue towards setting up a new manufacturing facility for writing instruments funding capital expenditure, working capital requirements and repayment of borrowings.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend