The offering, consisting of a fresh equity issuance of Rs 800 crore and an offer for sale (OFS) of 1.89 crore shares, will be open for bidding until November 11. Through the OFS, Bupa Singapore Holdings and Fettle Tone will sell part of their stakes.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction