At a recent CNBC TV18 event, Piyush Goyal, Minister of Commerce and Industry, said the Reserve Bank of India needs to cut interest rates. On the other hand, RBI Governor Shaktikanta Das remains non-committal. This sparked a debate between the government and the central bank on the ideal interest rate.
Open FlipZinka Logistics Solutions Ltd shares are trading flat in the grey market amid broader market weakness. In its last two days of subscription, the initial public offer of the company providing a digital platform for truck operators has been subscribed 32 percent. The Rs 1,115-crore IPO (Initial Public Offer) is available at a price range of Rs 259-273 apiece for public subscription during November.
Open FlipNTPC Green Energy's Rs 10,000-crore IPO will be open for public subscription from November 19 to 22, with 10% reserved for NTPC shareholders, enhancing their allotment prospects. The IPO is priced between Rs 102-108 per share, with a minimum application of 138 shares. NTPC Green Energy aims to invest Rs 1 lakh crore in solar and wind assets by FY27.
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