Brigade Hotel Ventures IPO allotment is expected today. The IPO saw a subscription of 4.48 times. Retail investors subscribed the most at 6.4 times. Qualified institutional buyers bid 5.42 times. Non-institutional investors subscribed 1.92 times. The company will list on BSE and NSE on July 31. Allotment status can be checked on KFin Technologies and BSE websites.
Oil prices well below $100 as Strait of Hormuz reopens but experts aren’t convinced just yet. Here’s why
Global markets are breathing easier as Iran declares the Strait of Hormuz fully open, a crucial oil route, amid a potential U.S.-Iran deal. This development,