Tilaknagar Industries will raise ₹2,296 crore through a preferential issue of equity shares and warrants to fund its ₹4,150 crore acquisition of Imperial Blue whiskey from Pernod Ricard. The issue, priced at ₹382 per security, includes participation from promoters and institutional investors.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may