Aeron Composite’s shares listed on the NSE SME platform with a 20% premium at Rs 150, compared to the issue price of Rs 125. The IPO saw a subscription of over 40 times, raising Rs 56.1 crore. Proceeds will fund a new manufacturing unit and other corporate purposes.
RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll
India’s central bank is expected to cut its key policy rate by 0.25% in December to support slowing economic growth. A Reuters poll shows a