Maharashtra State Electricity Distribution Co has appointed eight investment bankers for its proposed initial public offering. This significant issue could potentially raise between eight thousand and ten thousand crore rupees. The offering will mark the first-ever IPO by the Maharashtra government and a state-run discom. Mahavitaran, the brand under which MSEDCL operates, will be listed. The utility provides power to most consumers in India’s largest subnational economy.
Sensex drops over 300 points, Nifty below 23,950 as market falls for 4th day on rising Iran-US tensions. What’s ahead?
Indian stock markets extended losses for a fourth session on Thursday. Sensex and Nifty declined as oil prices surged following US strikes on Iran. Broader