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LATEST

Century-old South African smelter nears closure over power price, risking 350 jobs●NERC dissolves Kaduna Electric board over N456.5 billion market debt●Uganda at heart of East African oil battle between Lamu and Tanga ports●US Senate approves AGOA extension until end of 2028●Gambia’s President Barrow Launches 360-Kilometre Road Project●Kenya’s Sh500 billion nuclear plan faces tough questions on cost and site●EU CBI crackdown could reshape wealthy Nigerians’ migration plans●Libya central bank governor resigns amid political pressure over oil money●Century-old South African smelter nears closure over power price, risking 350 jobs●NERC dissolves Kaduna Electric board over N456.5 billion market debt●Uganda at heart of East African oil battle between Lamu and Tanga ports●US Senate approves AGOA extension until end of 2028●Gambia’s President Barrow Launches 360-Kilometre Road Project●Kenya’s Sh500 billion nuclear plan faces tough questions on cost and site●EU CBI crackdown could reshape wealthy Nigerians’ migration plans●Libya central bank governor resigns amid political pressure over oil money●

Asia

Molbio IPO Day 2: GMP hits at 17% listing gains. Should you bid?

Markets-Economic Times · 2h ago · 🇮🇳 India

Molbio IPO Day 2: GMP hits at 17% listing gains. Should you bid?

The Molbio Diagnostics IPO entered its second day with strong investor interest, as the grey market premium (GMP) climbed to 17% from 15% earlier. The issue was subscribed 83% on Day 1, with retail investors subscribing to 77% of their quota. The Rs 939.70-crore IPO comprises a Rs 200-crore fresh issue and Rs 739.70 crore OFS.

Read the full story at Markets-Economic Times →

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