The IPO of Unimech Aerospace saw a robust response, with a subscription of 9.08 times by the second day. The issue includes fresh equity and OFS taking the total to Rs 500 crore. The funds will support capital expenditures and working capital. The IPO price is Rs 745-785 per share.
Tata Sons boardroom battle intensifies but Tata Group stocks remain unbothered. Should you buy?
Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles