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TWFG (The Woodlands Financial Group), a leading insurance distributor in the United States, has filed for an IPO on the Nasdaq under the ticker symbol TWFG. The company is seeking to raise $100 million through the offering. TWFG distributes property and casualty insurance with a focus on personal and small business lines. It operates a Read more: TWFG IPO: TWFG seeking to raise $100 million..
Stanley Lifestyles IPO, which opened on June 21, 2024, has received a strong response from investors and NIIs by the end of the second day. Overall, the IPO was subscribed 4.5 times by the end of the second day. Non-Institutional Investors (NIIs) subscribed 7.01 times of allotted quota and retail investors were subscribed over 5.51 Read more: Stanley Lifestyles IPO: subscribed 4.5 times, NIIs strong response..
RBI’s overseas gold reserves (Gold Parked Overseas) are dropped to 47%. As of March 2024, the share of gold held overseas fell to 47%, the lowest since 2017. This reflects a growing trend of central banks sending back their gold reserves. Moving from overseas vaults back to their own countries. In the case of the Read more: RBI’s Overseas Gold Reserves dropped to 47% as of Mar 2024..