Go Digit IPO subscription status: The retail investor response to Go Digit General Insurance IPO has been overwhelming, and within a few hours of taking off, the portion is fully booked. The IPO has received slow but steady responses from non-institutional investors. Go Digit General Insurance IPO subscription status is 22%, at 13:33 IST, as per BSE data.
Open FlipThe International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Wednesday, further expanding the chasm between it and oil producer group OPEC regarding the outlook for global oil demand this year. The Paris-based energy watchdog lowered its growth outlook for this year by 140,000 barrels per day to 1.1 million bpd, largely citing weak demand in developed OECD nations.
Open FlipShares of Colgate-Palmolive dropped 4% today on BSE to the day’s low of Rs 2,703.40 even as the company reported a 20% jump in its net profit to Rs 379.8 crore in the March quarter. The company's net sales in the quarter under review increased to Rs 1,480.7 crore from Rs 1,341.7 crore in the same period a year ago. Rural markets continued to exhibit positive signs of demand recovery.
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