Techno Paints and Chemicals is planning a Rs 500 crore IPO next fiscal year and has appointed Sachin Tendulkar as its brand ambassador for three years. The paint manufacturer aims to strengthen its national presence and expand its operations across India and into the Middle East.
RBI calls off T-Bill auction on higher-yield demand
The Reserve Bank of India (RBI) withdrew its ₹12,000 crore treasury bill auction for 182-day and 364-day maturities, reportedly due to high yield bids. This