Wednesday, October 30, 2019

Reliance General Insurance scraps IPO plan; withdraw offer documents

Reliance General Insurance scraps IPO plan; withdraw offer documents The initial public offering (IPO) was slated for fresh issue of shares worth Rs 200 crore, besides an offer of sale of 79,489,821 shares by Reliance Capital.

from Moneycontrol Business News https://ift.tt/2BVQvLC

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...