NEW DELHI: Solar panel maker Saatvik Green Energy has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,150 crore through an initial public offering (IPO). The Haryana-based company’s proposed IPO is a combination of a fresh issue of shares worth Rs 850 crore and an offer for sale (OFS) of Rs 300…
NEW DELHI: Government will exceed the Rs 22.1 lakh crore direct tax collection target set for the current fiscal, Central Board of Direct Taxes (CBDT) chairman Ravi Agarwal said on Monday.Agarwal also said that taxpayers who have not disclosed their foreign income or assets in their ITRs have time till Dec 31 to file their…
NEW DELHI: The government looks to revolutionise the maritime sector by 2047 with an investment of Rs 80 lakh crore to enhance port capacity, shipping, ship building and inland waterways, Union Minister Sarbananda Sonowal said on Monday. Addressing ‘Sagarmanthan – The Great Oceans Dialogue’, Sonowal said key projects include the Vizhinjam International Seaport in Kerala,…
It’s official—Delhi Capitals (DC) have pressed the reboot button, shedding old skins and gearing up for a brand-new era in IPL 2025. In a move that sent shockwaves across the cricketing world, DC bid farewell to their long-time leader, swashbuckling keeper-batter Rishabh Pant, ending an eight-year association. Enter Hemang Badani and Venugopal Rao—DC’s fresh brains…
NEW DELHI: Foreign investors have pulled out Rs 22,420 crore from the Indian equity market so far this month, owing to high domestic stock valuations, increasing allocations to China, and the rising US dollar as well as Treasury yields.With this sell-off, Foreign Portfolio Investors (FPIs) have recorded a total outflow of Rs 15,827 crore in…