Adani Enterprises’ follow-on public offer was fully subscribed on the last day of subscription, ie, Tuesday, January 31, 2023, with bidding still open. Qualified Institutional Buyers (QIBs) subscribed 0.97 times, Non-Institutional Investors(NIIS) subscribed 3.26 times, Retail Individual Investors (RIIs) subscribed 0.11 times, shares reserved for employees subscribed 0.52 times and in total out of 4,55,06,791 […]
The rupee edged up by 2 paise to settle at 81.78 (provisional) against the US dollar in a range-bound trade on Thursday, tracking the weakness of the American currency in the overseas market. Forex traders said significant foreign fund inflows and crude oil prices trading below USD 75 a barrel also supported the local unit. […]