SK JINDAL
5 SME IPOs to open today: Check issue size, price band and key detail
The five SME IPOs are looking to raise around Rs 169 crore. Coreintegra Consulting and Pooja Logistics will be listed on the NSE SME platform, while Liqvd Digital, S.K. Offset and Unitec Fibres will make their debut on the BSE SME platform. The allotment for all five issues is expected to be finalised on September 28, with tentative listing scheduled for September 30.
Jindal Steel triples heat-treated plate capacity to 7 lakh tonnes annually
Jindal Steel has significantly expanded its heat-treated plate capacity. The company's annual capacity has tripled to seven lakh tonnes. This move strengthens its offerings in high-strength, abrasion-resistant, and defense-grade plates. The enhanced capabilities support India's manufacturing goals and export potential. Jindal Steel also plans infrastructure development to improve its supply chain efficiency.
SK Minerals & Additives IPO: Rs 41 cr SME IPO opens for subscription today. Check GMP, issue price, other details
SK Minerals & Additives IPO opens for bidding on Friday, October 10. The company plans to raise Rs 41.15 crore through this issue. The price band is set at Rs 120-127 per share. The stock will be listed on the BSE SME platform. Share allotment is expected on October 15, with listing on October 17.
Sebi puts on hold JSW Cement's Rs 4,000 crore IPO, approves three other issues
Capital markets regulator Sebi has put on hold the proposed Rs 4,000-crore initial public offering (IPO) of JSW Cement. Without specifying reasons, Sebi stated that the "issuance of observations (has been) kept in abeyance," according to an update on its website on Monday.
Safex Chemicals acquires UK's Briar Chemicals for 73 million
In a statement, Safex Chemicals said that it has acquired Briar Chemicals from Germany-based investment firm AURELIUS Equity Opportunities for 73 million.
Safex Chemicals acquires UK's Briar Chemicals for 73 million pounds
In a statement, Safex Chemicals said that it has acquired Briar Chemicals from Germany-based investment firm AURELIUS Equity Opportunities for GBP 73 million.
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Safex Chemicals acquires Mumbai-based Shogun Organics
Commenting on the deal, Safex Chemicals Director Piyush Jindal said, "We intend to leverage Shogun's existing infrastructure to backward integrate into the agrochemical technicals segment and expand into the agrochemical exports market".
Steel, auto makers to cover vaccine cost of employees and families
Several companies including ArcelorMittal Nippon Steel India (AM/NS), JSW Steel, Jindal Steel and Power, Steel Authority of India, Jindal Stainless, Schaeffler India and five TVS Group companies have initiated measures to vaccinate their employees free of cost whenever they become eligible to get the jab.
Stocks in the news: DMart, IndusInd Bank, ONGC and Dr Reddy’s Labs
Here's a look at the top stocks that may hog the limelight in today's session:
Rail Budget: Hey Prabhu! D-St gives thumbs down, Sensex rangebound
The stock market showed mix reaction to the Rail Budget, with the Sensex trading rangebound, as the Railway Minister delivered his Budget speech.
Naturopathy may be safe, but it’s not cheap: Expert
Naturopathy practitioners in west Delhi told TOI many people choose alternative medicine to avoid the side-effects caused by allopathy.
Jindal Stainless Limited selected for Annual Greentech Safety Award
Jindal Stainless Limited has been selected for 13th Annual Greentech Safety Award 2014 in Gold Category in Metal & Mining Sector.
Jindal, Agarwal float new power body to air woes
The association had taken the lead in persuading the government to act after investment worth thousands of crores of rupees was at risk due to a vast range of problems.
Port congestion hits NTPC’s maiden coal transport plan
NTPC has drawn up a project to import and transport at least 3 million tonnes of coal every year through rivers in the eastern region.
After Hindalco fiasco, Orissa freezes clearances for coal blocks fearing CBI, SC intervention
The state's decision stems from fears that the allocated projects could face scrutiny and will affect projects dependent on coal blocks in Orissa.
IFCI stake sale after recast
A finance ministry official told the move will be in line with the biz model being envisaged for the co, four of whose directors resigned from the board last week.
IFCI stock soars 11.4% as government set to reconstitute new board
Govt has initiated the process of reshuffling the board of financing firm IFCI, in a sign that it may want a pivotal role in the company's functioning.
Coalgate: BJP MP Hansraj Ahir asks PM to cancel allotments of 117 companiess who failed to mine
According to Ahir, the government can seize the bank guarantees of these companies and cancel them.
Power tariff charged by captive coal block owners to be regulated
The government may make it mandatory for power companies with captive coal mines to sell electricity at regulated tariffs set by bidding.
Eleven stocks in focus in Thursday morning trade
Indian shares are expected to trade in range. Here is a list of eleven stocks that are likely to be in action today.
Coal ministry told to quickly decide fate of 58 captive mines
The PMO has told the coal ministry to quickly decide on mines the operators of which have been served show-cause notices.
Faridabad textile industry weave Growth; focusing more on exports
Bolstered by higher output and increasing trade, the industry is focusing more on export markets.
IWAI's project attracts private sector interest
When technical bids opened last week for its coal transportation project, there were four bids from leading companies.
Mineral-rich Jharkhand fables the world
Jharkhand is fabled the world over for its super-rich mineral reserves.
Steel cos may hike prices by 5% in July
Prices are likely to go up in the range of Rs 500-1,000 per tonne for various products. Some steelmakers had raised prices by Rs 500-1,000 a tonne in May and June.
SAIL ties up with Management Training Institute
As Steel Authority of India Limited (SAIL) embarks upon a major expansion and modernisation plan, its Management Training Institute (MTI) is getting ready to play a key role by developing its vast human resources.
Companies queue up for nuclear power play
Indian cos seem to be making a beeline for a piece of the nuclear power biz pie within days of the UPA winning trust vote and IAEA approving it. Nuke Deal- Winners
Curtains up for project imports
Project imports got a shot in the arm with the government slashing customs duty from 7.5% to 5%.
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