Mumbai-based real estate developer Godrej Properties said it has officially opened its ₹6,000 crore Qualified Institutions Placement (QIP) on Wednesday, offering equity shares with a floor price set at ₹2,727.44 per share. The issue follows approval from the company’s Board and shareholders through a special resolution passed in October 2024.
Open FlipCoffee futures extended their rampant rally in New York as global supply worries dominate, propelling prices to the highest in more than four decades. Arabica beans — the variety favored for specialty brews — climbed as high as $3.1845 a pound on Wednesday, putting most-active futures at the highest since 1977 and bringing this year’s rally to almost 70%.
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