Davin Sons Retail shares are set to debut on the BSE SME platform with an expected 9% listing premium. The company received an impressive IPO subscription of 120 times. The proceeds will fund warehouse purchases, working capital, and general corporate purposes. Revenue saw a significant rise from Rs 3.91 crore in 2023 to Rs 13.39 crore in 2024.
Rupee may fall past 90 per dollar as RBI ditches quasi-peg, says research
The Indian rupee could drop below 90 per dollar this year as the monetary authority moves away from its implicit quasi-peg to the dollar, according