Ratnadeep Retail has received Sebi approval to launch an IPO comprising a fresh issue of up to Rs 400 crore and an offer for sale of 1.49 crore shares. The Hyderabad-based retailer plans to use part of the proceeds to repay borrowings and expand its store network across India.
During his recent India visit, Rubio said the US' relationship with Pakistan or any other country would “never come at the expense” of its ties with India.
