Barflex Polyfilms’ Rs 39 crore IPO has opened for public subscription. The IPO comprises a fresh equity sale of Rs 12 crore and an offer for sale of 45.16 lakh shares, with a price band of Rs 57-50 apiece. Barflex Polyfilms manufactures flexible packaging materials catering to various industries, including FMCG, pharmaceuticals, and cosmetics.
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