The non-retail portion of the Rs 2,800-crore offer for sale (OFS) of Hindustan Aeronautics was subscribed 451% on Thursday after getting bids for 23.75 million shares from institutional investors, exchange data as on 3.30 pm showed. Overall, the issue was subscribed more than 2.2 times. The government will sell up to 3.5% stake in HAL […]
– By Sakshi Suneja After shining brightly during CY2021-22, exports of cut and polished diamonds (CPDs) lost their sheen in CY2023. In 10M CY2023, India exported $15.3 billion worth of natural diamonds, a whopping YoY decline of 25%. The contraction in exports was largely volume-driven, as reflected by 20% YoY reduction in volumes due to […]
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