Vibhor Steel Tubes IPO: On the first day of bidding, investors responded remarkably well to Vibhor Steel Tubes’ ₹72 crore initial public offering (IPO), with subscriptions reaching 27.63 times. When the bidding opened on February 13, offers for 9.92 crore shares were received, out of the 35.92 lakh shares that were available. The IPO is scheduled…
Tata Group: Tata Sons Chairman N Chandrasekaran shared insights into Tata Sons’ foray into semiconductor manufacturing on Wednesday, revealing that negotiations for a semiconductor fab in Dholera are nearing completion.He highlighted the company’s commitment to venture into cutting-edge technology and manufacturing, positioning Tata Sons at the forefront of technological innovation, with the project set to…
On Wednesday, billionaire Mukesh Ambani announced that his company Reliance will establish the first-ever, state-of-the-art carbon fiber facility in India at Hazira. Ambani stated that Reliance was, is, and will always be a Gujarati company while speaking at the Vibrant Gujarat Summit in this location. “Reliance has invested over USD 150 billion (12 lakh crore)…
