The IPO of Saraswati Saree Depot was fully subscribed within hours of its launch today, with a subscription rate of 2.46 times. Retail and non-institutional investors were the primary contributors, with the retail portion subscribed 3.34 times. The company fixed a price band of Rs 152-160 per share. Analysts advise high-risk investors to consider this IPO.
‘Chaos Ahead’: India reels from US tariff hike threat, exporters warn of mass job losses
Indian exporters are scrambling for options to mitigate the fallout of US President Donald Trump’s threatened tariff salvo against the world’s most populous nation. Since