Friday, Mar 29 2024 | Time 21:08 Hrs(IST)
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Business Economy


Sotac Pharma IPO on March 29 to raise Rs 33 cr

Mumbai, Mar 27 (UNI) Ahmedabad-based Sotac Pharmaceuticals Ltd announced on Monday that it will come out with an initial public offer (IPO) for 30,00,000 shares to raise capital of Rs 33 crore.
The shares will be sold in lot size of 1,200 shares.
The price band per equity share will be Rs 105 to Rs 111, aggregating to Rs 33.30 crore.
The issue opens on 28 March for the anchor and on 29 March for the public.
It will close on 3 April, a press release stated here.
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Tech startup Daakia secures seed funding of Rs 4 cr

28 Mar 2024 | 8:41 PM

Bengaluru, Mar 28 (UNI) Tech start-up Daakia Pvt. Ltd. said on Thursday that it has secured seed funding to the tune of US$ 5 lakh (Rs 4 crore) from a group of strategic investors.

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India's core sector output rises to three-month high of 6 7 pc in February

India's core sector output rises to three-month high of 6 7 pc in February

28 Mar 2024 | 7:51 PM

New Delhi, Mar 28 (UNI) Driven primarily by coal, cement and crude oil production, India's core sector comprising of eight key infrastructure components grew 6.7% year-on-year in February 2024, as per data released by Ministry of Commerce and Industry on Thursday.

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Honda Motorcycle & Scooter India achieves historic 6 cr domestic sales milestone

28 Mar 2024 | 7:19 PM

Mumbai, Mar 28 (UNI) Honda Motorcycle & Scooter India (HMSI) announced on Thursday that it has accomplished a historic achievement of 6 crore domestic sales in India. Honda ventured into the Indian market with its first two-wheeler, the Activa, in 2001.

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28 Mar 2024 | 5:28 PM

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Luminous enters solar panel mfg; 250 MW facility launched with initial investment of Rs 120 cr

Luminous enters solar panel mfg; 250 MW facility launched with initial investment of Rs 120 cr

28 Mar 2024 | 5:16 PM

Rudrapur, Mar 28 (UNI) From power Back-up solutions to Batteries and Solar applications, Luminous Power Technologies on Thursday announced the launch of its state-of-the-art solar panel manufacturing facility here.

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