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Bhutani Group gets NCLT approval to take over Noida's Entertainment City
NCLT has cleared the Bhutani Group's acquisition of Entertainment City, which includes The Great India Place and Worlds of Wonder. The group plans a Rs 10,000 crore investment to transform the Noida site into a major entertainment hub. This NCLT order resolves a long-standing dispute, allowing Bhutani Infra to proceed with developing the 147-acre project, which also features vacant land for future expansion.
IPOs This Week: Kusumgar, Laser Power & Infra To Launch Mainboard Issues; Nine Listings Due
IPOs, Listings This Week
Upcoming IPOs: Kusumgar IPO, Laser Power & Infra IPO among new issues scheduled for next week; check list here
Kusumgar IPO and Laser Power & Infra IPO are among the mainboard IPOs to open next week, collectively raising over ₹1,392 crore. Meanwhile, in the small and medium enterprise (SME), Happy Steels IPO and Devson Catalyst IPO will collectively raise up to ₹67.34 crore.
NCLT clears Bhutani Infra's Entertainment City stake buy over Unitech objections
The National Company Law Tribunal (NCLT) has ordered Entertainment City to register a 4.26% equity transfer to Bhutani Infra's Parmesh Construction Company. This decision overrides Unitech Holding's objections regarding a shareholder agreement violation. The tribunal ruled the transfer valid, stating that the initiation of a 100% disinvestment process effectively waived Unitech's Right of First Refusal.
Laser Power & Infra IPO to open on July 9; cuts issue size to ₹742 crore
Laser Power & Infra IPO comprises a fresh issue of equity shares worth ₹542 crore and an offer for sale (OFS) of shares aggregating up to ₹200 crore by promoter selling shareholders, according to the Red Herring Prospectus (RHP) filed by the company.
Laser Power & Infra's Rs 742-Crore IPO To Open On July 9
The company operates three manufacturing units in West Bengal and reported revenue of Rs 2,326 crore and net profit of Rs 151 crore in FY26.
Laser Power & Infra's ₹742 crore IPO to open for subscription on July 9
Kolkata-based Laser Power & Infra Ltd (LPIL), an integrated manufacturer of power cables, conductors and specialised products for the power transmission and distribution industry, will launch its Rs 742 crore initial public offering (IPO) on July 9. The issue will close on July 13, according to its red herring prospectus. The IPO comprises a fresh issue of equity shares worth Rs 542 crore and an offer for sale (OFS) of shares aggregating up to Rs 200 crore by promoter selling shareholders, according to filings. Net proceeds from the fresh issue will be utilised towards repayment or prepayment of borrowings amounting to Rs 490 crore and for general corporate purposes. LPIL operates three manufacturing units in West Bengal with a combined installed capacity of 85,448 MT. The company reported revenue of Rs 2,326 crore and net profit of Rs 151 crore in FY26. Its order book stood at Rs 3,243 crore as of March 31, 2026. The firm, which also has an EPC division, is a licensed stranding .
DERC tweaks regulation for EV charging infra expansion in Delhi, utilisation of PM E-DRIVE subsidy
Under the existing Delhi Electricity Regulatory Commission (Supply Code and Performance Standards) Regulations, demand notes for low-tension electricity connections of up to 200 kW included only service line and development charges, security deposit and road restoration charges, they said.
Enviro Infra wins ₹257 crore sewage treatment projects in Uttar Pradesh
The projects, awarded by Uttar Pradesh Jal Nigam (Rural), will be executed through two SPVs under the Hybrid Annuity Model.
Nippon India Nifty India Manufacturing ETF (NIPU) - Investing.com Nigeria
Nippon India Nifty India Manufacturing ETF (NIPU)Investing.com Nigeria
NIPU Share Price | Nippon India Nifty India Manufacturing ETF BO - Investing.com Australia
NIPU Share Price | Nippon India Nifty India Manufacturing ETF BOInvesting.com Australia
Zerodha Nifty 50 Share Price | BO:ZERF ETF - Investing.com India
Zerodha Nifty 50 Share Price | BO:ZERF ETFInvesting.com India