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₹40.68 crore from anchor investors from six anchor investors on February 16, by allocating 12,88,000 shares at ₹69 per share. Zenith Drugs Limited specialises in manufacturing and trading high-quality, affordable medicines, including generic drugs. Also read: Purv Flexipack IPO: Price band, issue size, GMP, key details to know Zenith Drugs Limited's revenue increased by 24.85 percent and profit after tax (PAT) rose by 64.7% between the financial year ending with March 31, 2023.

India Tourism Development Corporation Ltd is looking for new business opportunities besides strengthening its existing verticals as it seeks to carry forward the momentum of record financial performance of last fiscal, according to its Managing Director M R Synrem. The company which offers hospitality, travel and tour, events and engineering related consultancy services, plans to strengthen its offices in Mumbai, Chennai and Kolkata with an aim to develop these as regional hubs for its businesses. «We want not to only expand but whatever we have now to take it a notch further ahead, take it much higher and look at new business opportunities also for ITDC as a company,» Synrem told PTI on the sidelines of the launch of the company's new mascot 'Adyant' and a fresh tagline. On the new business opportunities, he said, «We have won a bid for a new duty free shop at the Vizag (Visakhapatnam) airport. We participated in the competitive bid and we have won it. It is a new thing which is coming up very soon.»

BSE PSU index has soared over 97 percent in the last 1 year and over 22 percent in 2024 YTD. Just in Feb, the index has advanced 10 percent, extending gains for the fourth straight session. Before this, it rose 11.2 percent in January 2024, 15.3 percent in December 2023 and 10.3 percent in November 2023.

IPO) of Thai Casting was subscribed 48 times on the third day of the bidding process. The category reserved for retail investors was booked 76 times, followed by NIIs at 40 times and QIB portion at 3 times. The IPO, which will close on February 20, is priced at Rs 77 at the upper end. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and the rest 15% for non-institutional investors.

«Consequent to the Order of the CBDT in F.No 375/02/2023-IT-Budget dated 13.2.2024 eligible outstanding direct tax demands have been remitted and extinguished. Please log into your account and follow the path Pending Action > Response to Outstanding Demand to check the status of 'Extinguished Demands' in your case,» said CBDT in the order dated February 13, 2024, published on February 19, 2024.

Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” has once again made a bullish case for bitcoin price.

Quess Corp: The recruitment firm has said it will be demerged into three listed entities– Quess Corp Ltd, Digitide Solutions Ltd, and Bluspring Enterprises Ltd. The new Quess Corp will handle workforce management; Digitide Solutions will provide business process management solutions and insurtech; and Bluspring Enterprises will offer facility management, industrial services and investments. The demerger is expected to attract investment, improve capital allocation and boost growth.

Manipur government on Sunday asked its employees to attend offices and warned that in case of any violation of the government orders, the person concerned would be booked and prosecuted under relevant the law. The Indigenous Tribal Leaders' Forum (ITLF) — an apex body of tribals in Manipur — issued a ‘public notice’ announcing that all state government offices located in the Churachandpur district will remain closed on Monday, February 19 until further notice. Manipur government Chief Secretary Vineet Joshi on Sunday in an order directed all government employees to attend offices and in case of any violation of the orders, the person concerned without any exception shall be booked and prosecuted under relevant provision of law of land for the time being in force.

Mizuho Bank, Japan’s third-largest ‘megabank’ with close to $2 trillion in assets, made its biggest bet in India with a Rs 4,100-crore capital infusion in November and followed it up with a Rs 1,200-crore investment in NBFC Credit Saison. Asia Pacific co-CEO Yasuhiro Kubota explains to Joel Rebello why India is important for the Japanese lender and how it plans to expand the business here. Edited excerpts. You infused Rs 4,100 crore ($500 million) capital into India in November – Mizuho’s largest here to date. What does that allow you to do that you couldn't do before? We want to create a lending capacity to be able to support our local book. It's a commitment to the market that we have enough capacity to grow. The $500 million is just the first tranche. We want to do large ticket acquisition financing around our customers, like a loan against shares or what we call promoter financing in India. We had the capabilities in the region but not India. Now, we are developing these capabilities in the country. If somebody wants to acquire a company and they are looking for a billion-dollar cheque, I can say with great confidence that we can do it.

The revival hopes for the information technology (IT) sector hinge significantly on the rate of deal acquisitions, yet the December quarter (Q3FY24) witnessed a lukewarm performance in this arena. Following an exceptional second quarter, top-tier IT firms experienced a slowdown in deal wins during Q3. While moderation was expected due to the quarter's typical seasonal downturn, the absence of mega deal announcements and the trend of lengthier deal durations have raised concerns.

₹4,499.80 apiece seen last week. Analysts suggest that power transmission and distribution, data centres, railways, metros, and locomotives will remain growth areas for the heavy electrical equipment manufacturer. In the December quarter of fiscal year 2024 (Q1FY24), Siemens secured new orders worth ₹5,971 crore, nearly a 10% increase previous year.

₹65,000 crore, 50 per cent of which are railway projects, the company has said. RVNL is also looking for new projects in off-shore markets including Central Asia and UAE and Western Asia, the management said in an investors call. "We have got an order book of around ₹65,000 crore, which roughly constitutes 50 per cent from the nomination, that is the typical railway projects, and 50 per cent from the market.

RVNL is also looking for new projects in off-shore markets including Central Asia and UAE and Western Asia, the management said in an investors call. «We have got an order book of around Rs 65,000 crore, which roughly constitutes 50 per cent from the nomination, that is the typical railway projects, and 50 per cent from the market. In time to come, we should maintain an order book of around Rs 75,000 crore,» top management officials said in reply to a question. Of the total order book, the share of the Vande Bharat trains was around Rs 9,000 crore, and Rs 7,000 crore was for several metro projects. The company has also bagged projects in the electrification and transmission lines among others.

Ratan Tata, Nikhil Kamath-backed BlueStone Jewellery plans ₹2,000 crore IPO: Report “Rise of the domestic capital, flourishing Indian entrepreneurship, improving governance, diligent institutional investors are among reasons likely to keep the IPO market ticking in 2024," Lunawat said. During the past week, two mainboard IPOs, namely Vibhor Steel Tubes and Entero Healthcare Solutions, commenced their offerings with the objective of raising a total of ₹1,672 crore. Entero experienced a lackluster debut on Friday as it entered the stock exchanges, contrasting with the anticipation surrounding Vibhor Steel Tubes' impending listing next week.

Trinamool leader Shibu Hazra,accused by villagers for torturing people and assauling women in Sandeshkhali, was arrested by police on Saturday. This is second major arrest after arrest of Uttam Sardar another close aide of absconding Trinamool leader Sheikh Shajahan. DGP Rajeev Kumar said, «We will be reviewing all the 19 areas where Section 144 is imposed. In a day or two we will remove it in some areas to ensure people continue to lead a normal life..» «Some questions were raised about imposing Section 144 when there was no loss of life. It was because some people were trying to give a communal colour or spread lawlessness around the incident, which is why we imposed it to maintain law and order,.» Kumar added

Former PM, Cong leader PV Narasimha Rao to be awarded Bharat Ratna Sampooran Singh Kalra, popularly known as Gulzar, 89, is celebrated for his works in Hindi cinema and is considered one of the finest Urdu poets of this era. Rambhadracharya, 74, the founder and head of Tulsi Peeth in Chitrakoot, is a renowned Hindu spiritual leader, educator, and writer of more than 240 books and texts, including four epics. MS Swaminathan to be awarded Bharat Ratna: All about the agronomist Gulzar is also the recipient of the Sahitya Akademi Award for Urdu in 2002, the Dadasaheb Phalke Award in 2013, the Padma Bhushan in 2004, and at least five National Film awards for his works.

Investing.com — Here is your Pro Recap of the earnings reports you may have missed this week: Coinbase, Airbnb, Coca-Cola, Cisco Systems, and Biogen.

N Biren Singh said that magisterial inquiry is constituted to find if there is some hidden agenda in the mob attack on the Deputy commissioner and Superintendent of police office on February 15. Singh said the police will book a Churachandpur MLA on charges of inciting in the district. Two people were killed and over 40 injured when security forces fired at a mob that stormed a government compound which has offices of the police superintendent and district collector late on Thursday. Singh, without disclosing the identity of the MLA, stated he posted a controversial statement on X (formerly Twitter) barely an hour before the latest violence broke out in Churachandpur.

Charlie Chaplin vs America. By Scott Eyman. Simon & Schuster; 432 pages; $29.99 and £18.99 In today's culture wars, Hollywood has a starring role.

Juniper Hotels IPO: The initial public offering (IPO) of Juniper Hotels Limited is going to hit the Indian primary market on 21st February 2024 i.e. on Wednesday next week. The public issue will remain open till 23rd February 2024 i.e.

280-million-year-old fossil, Tridentinosaurus antiquus, which has long been thought to be an important specimen for understanding the evolution of early reptiles. The fossil, found in the Italian Alps in 1931, was believed to belong to the reptile group Protorosauria. However, a recent study published in the journal Palaeontology suggests that this fossil may have been partly forged. The revelation comes after researchers conducted a microscopic analysis of the fossil, revealing that the texture and composition of the material did not match genuine fossilized soft tissues. They also used ultraviolet (UV) photography to determine that the entire specimen had been treated with some form of coating material. The study's findings indicate that the body outline of the fossil was artificially created to enhance its appearance, misleading previous researchers. Despite being celebrated and discussed in articles and books, the fossilized skin has never been thoroughly examined.