ICICI Prudential AMC has raised Rs 3,022 crore from 148 investors across sovereign wealth funds, global asset managers, domestic insurers, pension funds, mutual funds and family offices ahead of its Rs 10,600-crore IPO.The participation pattern indicates broad institutional conviction ahead of the public issue, which runs from December 12 to 16 at a price range […]
Automobile and consumer electronics dealers are careful for the crucial party season, because they are waiting for an imminent reduction of goods and service tax (GST) and product prices. The dealers slowly continue with the addition of inventory to maintain working capital and to prevent funds in the input tax credit from being locked if […]