Zinka Logistics Solutions plans to raise Rs 1.115 billion through an IPO. The company provides digital platform solutions to truck operators. While it has shown traction, profitability remains a concern. Investors may wait for sustained profitable growth before investing. The promoter stake will fall to 28% post-IPO.
In Asia, India secured best trade deal with US: Piyush Goyal
India has secured the best trade deal with the United States among its competitors. Commerce and Industry Minister Piyush Goyal highlighted the strong relationship between