For Indian stock market investors, the bigger question is whether the Fed's pause can support global risk appetite or whether the prospect of higher US interest rates will keep foreign fund flows under pressure.
Hamleys came into the Reliance fold in 2019. That year Reliance Brands Ltd., the group's fashion and lifestyle arm, agreed to buy all of Hamleys Global Holdings Ltd. from Hong Kong-based C Banner International Holdings.
The company aims to raise Rs 183.1 crore through a fresh issue of about 2.23 crore equity shares. There is no offer-for-sale component, meaning the entire issue proceeds will go to the company.
The 3-point increase takes DA to 63%. That adds about Rs 540 a month for an entry-level employee today, but it also raises the fitment factor the 8th Pay Commission must offer before it delivers any real pay gain.
