Lamosaic India will debut on the NSE SME platform Friday, with pre-listing shares showing no grey market premium. The IPO had a subscription rate of 1.77 times. The proceeds will fund debt repayment, working capital, and corporate growth. The company primarily serves the real estate and construction industries.
Fed’s Waller, leaning against March cut, sees easings later in year
Federal Reserve Governor Christopher Waller opposes a rate cut at the upcoming policy meeting. He suggests future cuts are possible if inflation pressures decrease. Waller