Cash Ur Drive Marketing’s IPO will open for subscription. The company aims to raise Rs 60.79 crore through a fresh issue and offer for sale. The IPO price band is Rs 123 to Rs 130 per share. The IPO will close on August 4. Allotment is expected on August 5.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.