Kumar Arch Tech files draft papers to raise Rs 740 crore via IPO

Kumar Arch Tech files draft papers to raise Rs 740 crore via IPO

Kumar Arch Tech, which is into PVC blend-based building material products manufacturing, has filed preliminary papers with capital markets regulator Sebi to garner Rs 740 crore through an initial public offering (IPO). The proposed IPO is a mix of fresh issuance of shares valued Rs 240 crore, and an offer-for-sale (OFS) of shares worth Rs … Read more

Trump tariffs would help pay for tax-cut plans: JD Vance

Trump tariffs would help pay for tax-cut plans: JD Vance

Former President Donald Trump’s plan of higher tariffs on US imports would help offset his expanding tax-cut proposals if he’s reelected in November, according to his running mate JD Vance. “If we actually balance this out by penalising some of these companies for manufacturing overseas I do think that we can get this to balance … Read more