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Pipe manufacturing SME AIK Pipes and Polymers sets IPO price at Rs 89 per share; issue opens Dec 26-28

Pipe maker AIK Pipes and Polymers on Sunday said it has fixed a price of Rs 89 per share for its Initial Public Offering (IPO), which will open for public subscription from December 26-28. The initial share-sale is entirely a…

FPIs pull out Rs 12,000 cr from equities October so far; invest Rs 5,700 cr in debt

Foreign portfolio investors (FPIs) have withdrawn over Rs 12,000 crore from Indian equities this month so far, mainly due to a sustained rise in US bond yields and the uncertain environment resulting from the Israel-Hamas conflict. However, the story takes…