More than half a dozen companies will hit the market with their initial public offerings (IPOs) between now and the end of next week. The cumulative amount raised from these IPOs is expected to be around Rs 8,000 crore. Stationery products firm DOMS Industries and home financier India Shelter Finance's IPOs - of Rs 1,200 crore each - got off to a flying start on Wednesday (December 13), with the former garnering over six times the subscription and the latter getting 1.5 times subscribed.
Eleven companies have launched their initial public offerings (IPOs) in December 2023, making this month the second-best December for public offerings since 1996. Collectively, they are raising Rs 8,182.7 crore this month. In December 2021, 11 companies raised Rs 9,534 crore. However, excluding December 2021, this month marks the best December for IPOs since 1996.
Interacting with students, parents and teachers during his annual 'Pariksha Pe Charcha' programme, the prime minister suggested that students should compete with themselves and not others and parents should never sow the seeds of competition and rivalry between siblings.
Diversified entity ITC Ltd on Thursday reported a 22.66 per cent rise in consolidated net profit at Rs 5,225.02 crore in the fourth quarter ended March 2023, led by a strong growth momentum across operating segments. The company had posted a net profit of Rs 4,259.68 crore a year ago, ITC Ltd said in a regulatory filing. Its revenue from operations increased 7 per cent to Rs 18,799.18 crore in the period under review against Rs 17,754.02 crore in the year-ago period.
Poonawala's applications alleged that he was "falsely implicated" in the case and that the prosecution "intentionally" provided a digital copy of the chargesheet "which cannot be read".
Meghalaya Chief Minister Conrad K Sangma retained the key departments for his National Peoples Party, and gave the lesser politically significant ones to alliance partners Bharatiya Janata Party, Hill State Peoples Democratic Party and United Democratic Party as he allocated portfolios on Thursday.
The resolution seeking his reappointment as chairman and managing director of the diversified conglomerate will be put to vote at the company's annual general meeting to be held on August 11, 2023, according to a notice sent to the shareholders on Tuesday. The company under Puri drove the 'ITC Next' strategy in the last four years encompassing digital acceleration, cost optimisation, investing in new growth vectors and ensuring supply chain agility, its officials said.
After agonizing over this for weeks, he made a decision. When they met after work one evening, he startled her by blurting out, 'I think we should break up.' A moving excerpt from Chitra Banerjee Divakaruni's An Uncommon Love: The Early Life of Sudha and Narayana Murthy.
ITC Ltd on Friday reported a 23.09 per cent increase in consolidated net profit at Rs 5,070.09 crore for the third quarter ended December 2022, helped by growth momentum across its operating segments. The diversified company had posted a net profit of Rs 4,118.80 crore during the October-December quarter of the previous fiscal, ITC said in a regulatory filing. Its revenue from operations was up 3.56 per cent to Rs 19,020.65 crore during the quarter under review, as against Rs 18,365.80 crore in the corresponding period of the previous fiscal.
Multi-core loan default accused and promoter of Rotomac Group 73-year-old Vikram Kothari died in a freak accident at his Kanpur residence on Tuesday morning. According to reports, the erstwhile stationery czar sustained grievous head injuries after slipping in his bathroom and later succumbed to his injuries. He was reportedly alone at his Tilak Nagar residence at the time of the incident. Vikram, also known as 'India's Pen King', was accused in a bank loan scam worth thousands of crores pertaining to Rotomac Global, which exported writing instruments overseas.
Poonawala will now have to appear before a principal district and sessions judge at Saket in New Delhi on Friday.
The Jammu and Kashmir administration has approved a proposal to authorise departmental stores to sell beer and other ready-to-drink (RTD) beverages in urban areas, an official said.
If you want to make your enemy look like a threat, at least make them formidable, sighs Sukanya Verma.
Air Commodore Nitin Sathe (retd) helps you shake off the last-minute jitters as you prepare for the UPSC National Defence Academy exam.
'Imagine what will happen when a train running at 128 kmph moves onto a track that is meant to have only a speed less than 30 kmph!' 'Naturally, it will derail, and the coaches will go for a tailspin.'
Eighteen-year-old Dhruv Chincholikar and his family have a wonderful way of celebrating Ganeshotsav.
Cuttputlli's absolutely absurd climax will have you rolling on the floor in unintended laughter, notes Sukanya Verma.
'My father's dreams for me were connected to cricket.'
'I knew if I did well in cricket, his soul would rest in peace.'
The state has decided that from Monday it will allow the plying of private buses along with the opening of electronics, stationery, tea stalls, and paint and hardware stores, reports Avishek Rakshit
NGOs working for the rights of the survivors of the 1984 Bhopal gas disaster on Wednesday alleged that various governments in Madhya Pradesh and at the Centre have failed to bring the culprits of the world's biggest industrial tragedy to justice even after 37 years.
Parag Sejpal tells us about the woman who inspires him.
Is it a divine, sacrosanct university, a holy cow, prohibiting human intervention?
Today's Writing Products is entering retail of office supplies and stationery products with 500 retail outlets.
Finance Minister Nirmala Sitharaman on Saturday announced increasing customs duty on imported footwear and furniture. In her second Budget presentation, the finance minister also imposed health cess on import of medical equipment.
"I want to work for reforms among people and service to the state of Telangana.So, I decided to go for pre-mature retirement from October 2, 2020 the birthday of Mahatma Gandhi the apostle of truth and justice," he said.
Sebi pointed out instances of misleading the investors by reporting incorrect data on investor complaints, instances of inappropriate utilisation of funds meant for investor education, such as spending on programmes meant for financial advisors, charging of expenses to the said funds for stationery items such as notebooks, planners and calendars, and charging of expenses without adequate records.
'I can only say that it was a revenge killing. We have seen everything from inside our houses. We ran into our dwellings on hearing a mob approaching Sonu's house and hurling bombs. After that, I don't know anything'
The online auction house had expected the item to be sold for $8,000 (Rs 5.2 lakh).
Here is the list of what will be opened and what will be closed in the state.
Zapp, Whoopy and many other international names too have big plans... kids retailing is growing by leaps and bounds in India and those in the industry say it is likely to see 30-35 per cent growth per annum.
Announcing relaxations such as allowing shops selling essential commodities to reopen and government offices to resume work, Chief Minister M K Stalin on Saturday announced extension of lockdown by one week till June 14 to combat COVID-19.
He also said it may be adopted for use in every stage of a rocket. He was speaking at the 16th convocation of SRM Institute of Science and Technology, near Chennai.
Mobile phones, televisions, refrigerators, laptops and stationary items will be allowed to be sold through e-commerce platforms like Amazon, Flipkart and Snapdeal from April 20 during the lockdown, officials said on Thursday. The clarification from a senior home ministry official came a day after Union home secretary Ajay Bhalla issued revised guidelines for the extended lockdown period till May 3.
So far online merchandise NaMo store mulling whether to go offline, with brick-and-mortar NaMo Stores across states
The 70 launches were made in the first half of the financial year alone and were mostly focused on hygiene, health & wellness, naturals and convenience, which were in high demand as Covid -19 raged across the world.
The DGP was on the "hit list" of the YSR Congress for some time now, as they were perceived to be close to the previous Telugu Desam Party government.
Temptations inc;ude wooden hangers, stationery, bathrobes, slippers, laundry bags, ashtrays and coasters.
Universities and schools across the country were ordered shut on March 16 to contain the spread of the coronavirus. On March 25, the Centre announced a nationwide lockdown.
Union home secretary Ajay Bhalla issued an order excluding the non-essential items from sale by the e-commerce companies from the consolidated revised guidelines, which listed the exemption given to the services and people from the purview of the lockdown.
