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President Trump fired Federal Reserve Governor Lisa Cook, citing mortgage fraud allegations, escalating his conflict with the Fed over interest rate policy. This move raises concerns about the Fed's independence, crucial for managing inflation and maintaining economic stability. Investors fear political influence could destabilise markets and increase borrowing costs.
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News and Media
Vikran Engineering's Rs 772 crore IPO opens today, featuring a fresh issue and offer for sale, closing on August 29. With strong GMP, listing is expected on September 3. The company, backed by anchor investors and pre-IPO placements, will use IPO proceeds for working capital.
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News and Media
LGT Business Connextions Ltd. is set to debut on the BSE SME platform on Tuesday, August 26, with expectations of a flat listing as its grey market premium remains at the issue price of Rs 107. The IPO, which closed on August 21 and was subscribed 1.25 times, aims to utilize the Rs 28.
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News and Media
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