Sunshine Pictures, led by Vipul Amrutlal Shah, plans to raise around ₹500 crore through an IPO. The funds will help the production house scale up amidst a tough environment in the Hindi film industry. The company intends to file a draft red herring prospectus soon.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The