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Orkla India is set to launch its IPO, aiming to raise 1,668 crore by offering shares. The company, known for brands like MTR and Eastern, has seen revenue and profitability growth over the past three years. With a strong base in South India and significant export presence, investors with a high risk appetite may find this a long-term opportunity.
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With time running short in the Illinois General Assemblys fall veto session, Democratic lawmakers were weighing several alternatives to raise the $1.5 billion advocates say is needed to fund public transit adequately.
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Securities and Exchange Board of India has asked Multi Commodity Exchange of India for a detailed report. A technical glitch caused a delay of over four hours in trading on Tuesday. Brokers and traders could not log in or execute trades. MCX shifted operations to a disaster recovery site. Trading resumed later in the afternoon.
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News and Media
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