markets

India’s time to shine is here

While the first quarter GDP growth rate is yet to be announced, most economists and central bankers are predicting an impressive growth rate of nearly 8%. This is a continuation of the 7.2% annual growth that India showed in 2023. India’s continued growth momentum should not be viewed in isolation. It is the culmination of …

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Patanjali Foods promoter cancels green-shoe option for its ongoing OFS

Patanjali Ayurveda had earlier said it would sell a 7% stake in the company through a sale offer. In case of oversubscription, he also has to sell 2%. Patanjali Foods promoter Patanjali Ayurvede said on July 13 that he would not take the 2% oversubscription option (also known as the greenshoe option). The reason for …

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