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Sebi clears IPOs of Travelstack, Learnfluence, Tea Post; 3 issues withdrawn
Three companies -- travel technology firm Travelstack Tech, Learnfluence Education, which operates the 'Lakshya' coaching centres, and tea cafe chain Tea Post --have received approval from Sebi to raise funds through Initial Public Offerings (IPOs), according to an update from the market regulator on Monday. Meanwhile, Rays Power Infra, Madhur Iron & Steel and Arjun Jewellers saw their documents "withdrawn or returned" during March 9-13, the update showed. The development comes at a time when Indian equity markets are under pressure due to the ongoing conflict in West Asia. So far this year, 12 companies have tapped the IPO market to raise funds. One issue is currently underway, while few others are expected to hit the market later this month. According to Sebi data, Travelstack Tech, Learnfluence Education and Tea Post had filed their preliminary IPO documents between June and December and received the regulator's observations during March 10-11. In Sebi's terminology, the ...
Jindal Steel bags another iron ore mine in Odisha
The steelmaker won a state government auction for the Rengalaberha North-East Extension and Nuagan West iron ore block on Wednesday by offering a 111.15% premium over the base price, they said.
Jindal Steel declared preferred bidder for Thakurani-A1 Iron Ore Block in Odisha
Jindal Steel has been declared the preferred bidder by the Government of Odisha for the Thakurani-A1 Iron Ore Block, with an area of 202 Ha in Keonjhar, Odisha, after the conclusion of the online auction, committing to pay a 101.20 per cent Premium to the Government.
Jindal Steel wins Odisha iron ore block with 101% premium bid
Jindal Steel Ltd. is the preferred bidder for the Thakurani-A1 iron ore block in Odisha, committing to a 101.20% premium. The block spans 202 hectares with 50 million tonnes.
Jindal Steel wins Thakurani A1 iron ore block in Odisha
The steelmaker won the block by committing a premium of 101.20% to the government. Bidding for the mine, conducted online on Tuesday, started at a premium of 101.05%.
Jindal Steel wins Thakurani A1 iron ore block in Odisha
Jindal Steel has emerged as the preferred bidder for the Thakurani A1 iron ore block in Odisha. This acquisition will bolster the company's iron ore supply as it expands its Angul plant capacity. The mine holds over 50 million tonnes of iron ore. Jindal Steel committed a premium of 101.20% to secure the block.
Vedanta Iron And Steel shares snap decline to hit 5% upper circuit
Momentum Stocks: Oracle Financial, KIMS, Marico, Delhivery, Federal Bank hit 52-week high
Waterways Leisure Tourism, Vedanta Iron and Steel, Websol Energy System, Veljan Denison among others were locked in their upper circuits.
Premji Invest owned-PI Opportunities AIF buys Rs 102 crore worth Vedanta Iron and Steel shares
Vedanta Iron and Steel stock finished at Rs 21.06 on the National Stock Exchange, and at Rs 21.05 on the BSE.