Sectors
Shares of Blue Solutions climb 30% in oversubscribed IPO
Blue Solutions rose as high as USD18.64 per share in the first day of its initial public offering. Blue Solutions saw its shares jump 30% from issue price in the first day of its initial public offering.
PwC to acquire Booz & Co to expand advisory and tax business
PricewaterhouseCoopers (PwC) would be acquiring Booz & Co for an undisclosed amount. A Reuters report said UK accounting firm PricewaterhouseCoopers (PwC) entered into an agreement to purchase a corporate consulting firm.
India imposes anti- dumping duty on imported paracetamol
Paracetamol is an active ingredient in many drug formulations which now is subject to a USD787 per tonne anti-dumping duty.
Shareholders sue Leighton Holdings for misleading financial forecast
Leighton Holdings got sued by own shareholders after the latter claimed they were misled with financial projections.