Anthem Biosciences files draft papers with Sebi for ₹3,395-crore IPO
Anthem Biosciences on Tuesday (December 31, 2024) filed preliminary papers with capital markets regulator Sebi to float a ₹3,395-crore initial public offering. The proposed initial public offer (IPO) is entirely an offer for sale (OFS) worth ₹3,395 crore by promoters, investors and other selling shareholders, according to a Draft Red
Atishi raises alarm over Delhi religious structures demolition order, LG says ‘cheap politics’
Delhi Chief Minister Atishi has raised concerns regarding the Religious Committee’s order for the demolition of several religious structures across the national capital. In a formal letter addressed to Lieutenant Governor VK Saxena, CM Atishi highlighted that the list of structures slated for demolition includes numerous temples and Buddhist places
Income tax return deadline extended: Revised filing now allowed until January 15
The Income-Tax Department announced an extension for the deadline for filing belated or revised income tax returns for the fiscal year 2023-24 to 15th January 2025. Previously, the last date for resident individuals to make these submissions for assessment year (AY) 2024-25 was set at 31st December 2024.The department made
Indo Farm Equipment IPO gets subscribed 17.70 times on opening day of bidding
The initial public offer of Indo Farm Equipment Ltd. was subscribed 17.70 times on the opening day of bidding on Tuesday (December 31, 2024) amid strong investors participation. The initial share sale received bids for 14,99,60,184 shares against 84,70,000 shares on offer, translating into 17.70 times subscription, as per NSE
Power sector’s share in overall natural gas consumption during November lowest in two years
The share of natural gas consumption by the power sector during November 2024 was the lowest in almost two years due to lower electricity generation by gas-based power plants on account of a decline in power demand. According to the Petroleum Planning & Analysis Cell (PPAC), the power sector’s share
Infrastructure output slows to 4.3% in November, cement production surges
The growth of India’s eight core infrastructure sectors slowed to 4.3 per cent in November 2024, compared to 7.9 per cent in the same month last year, according to official data released on Tuesday. Despite the slowdown seen in comparison to last November, monthly production growth reached a four-month high.