The National Highways Authority of India, on Monday said the aggregate total size of the issue was Rs 775 crore with a base issue size of Rs 500 crore and a green-shoe option to retain oversubscription up to Rs 275 crore, with a yield of 7.23% per annum. The funds have been raised through DME Development Limited (DMEDL), which is a fully owned subsidiary of NHAI.
Oil climbs following renewed US, Iran strikes in Middle East
Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential