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New Delhi, Sep 26 (PTI) Infrastructure consultancy firm Aarvee Engineering Consultants Ltd has filed preliminary papers with markets regulator Sebi to raise funds through an initial public offering (IPO) comprising fresh issuance of shares worth Rs 202.5 crore. Apart from the issue, there will be an offer for sale (OFS) component of 67.5 lakh shares by a promoter, according to the draft red herring prospectus (DRHP) filed on Thursday. The Hyderabad-headquartered company, may consider a pre-IPO ...Read More >
New Delhi, Aug 21 (PTI) Solar module maker Vikram Solar's initial public offer garnered 54.63 times subscription on the last day of bidding on Thursday. The IPO received bids for 2,47,81,57,740 shares against 4,53,61,650 shares on offer, as per NSE data. The portion for Qualified Institutional Buyers (QIBs) fetched a huge 142.79 times subscription. Non Institutional Investors' part received 50.90 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 7.65 time ...Read More >
As a major relief, the Supreme Court has issued directions to JSW Energy Company to pay 18% royalty to the Himachal government from Karcham-Wangtoo hydroelectric project in Kinnaur. As per the directions, JSW energy company will have to pay 18% royalty to the state instead of 12% from this 1045 MW capacity project. A spokesperson of the state government said that with this decision, the government would get an annual additional income of about ₹150 crore. Apart from this, the decision of the ...Read More >
Patna: Four private power companies that included Adani Power, JSW Energy, Torrent Power and Bajaj Energy's Lalitpur Power have shown interest in setting up a 3x800 MW thermal power plant at Pirpainti, Bhagalpur in Bihar. It will be the largest private sector investment in power sector in Bihar with a whopping investment of approx. Rs 28,000 crore rupees for the project. Under the project, three plants- one each of 800 MW capacity totalling 2400 MW- will be set up at Pirpainti as part of the T ...Read More >
New Delhi [India], June 28 (ANI): In a continuing crackdown under Operation Chakra-V, the Central Bureau of Investigation (CBI) conducted coordinated search operations at multiple locations in Ahmedabad and Mumbai on June 25 in connection with a transnational cyber extortion case, the probe agency said on Friday. CBI said that the searches led to the recovery of incriminating evidence. The main suspect behind a transnational cyber extortion syndicate was arrested on June 26 in Mumbai. Also Rea ...Read More >
Mumbai: India's paintmakers must gird up for a tougher battle from two upstarts. Birla Opus, owned by billionaire Kumar Mangalam Birla, has already shaken up the nation's paints sector with its pricing war. Now, JSW Paints Ltd's ₹9,300-crore acquisition of Dutch giant AkzoNobel's India unit portends a tighter squeeze on the profitability of their peers as they battle to protect turf. The deal by JSW Paints, part of billionaire Sajjan Jindal's steel-to-cement empire, will not immediately change ...Read More >
Patna: Four private power companies -- Adani Power, JSW Energy, Torrent Power and Bajaj Group's Lalitpur Power -- have shown interest in setting up a 2,400-MW thermal power plant at Pirpainti in Bihar's Bhagalpur district, an energy department official said here on Friday. It will be first private sector investment -- a whopping Rs 21,400 crore -- in power sector in Bihar. Under the project, three plants -- each of 800-MW capacity -- will be set up at Pirpainti as part of Tariff-based Competitiv ...Read More >
GAIL (India) Limited has successfully berthed and discharged its first LNG vessel at the Dabhol LNG Terminal following the completion of the landmark Breakwater Project. The vessel, GAIL Bhuwan, was received on 02 June 2025. With the commissioning of the breakwater after receipt of all statutory approvals, Dabhol LNG Terminal has now been designated an all-weather port which is a critical transformation that ensures safe and reliable LNG operations even during the Southwest monsoon, traditional ...Read More >
Bijapur (Chhattisgarh) [India], June 6 (ANI): In a blow to naxalism in Chhattisgarh, the death of a top naxal leader and Central Committee Member (CCM), Sudhakar (alias Gautam), in Bijapur district marks the second such successful high profile anti-naxal operation by security forces in just over 3 weeks, Bastar's Inspector General P Sundarraj said. Gautam, the leader of the banned CPI(Maoist) organisation, was neutralised by security forces on June 5 during an operation in Bijapur's national fo ...Read More >
New Delhi, Jun 5 (PTI) JSW Energy on Thursday announced the commissioning of 281 MW renewable energy project in Maharashtra with solar capacity of 215 MW and wind capacity of 66 MW. This capacity addition will enable the company to benefit from the peak wind season during the year and will contribute to the overall renewable output, a company statement said. Also Read | Who Is Pinaki Misra? From Age to Family Background and Net Worth, Here's All About BJD Leader With Whom Mahua Moitra Reported ...Read More >
New Delhi, Jun 5 (PTI) JSW Energy on Thursday announced the commissioning of 281 MW renewable energy project in Maharashtra with solar capacity of 215 MW and wind capacity of 66 MW. This capacity addition will enable the company to benefit from the peak wind season during the year and will contribute to the overall renewable output, a company statement said. With this, the installed wind capacity stands at 3,482 MW, solar capacity at 1,968 MW and hydro capacity at 1,391 MW, taking the share of ...Read More >
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