Italy’s largest steelmaker, formerly known as Ilva, has received 10 purchase offers, according to its administrators. Three of the offers- one from a consortium of Azeri Baku Steel Company CJSC and the Azerbaijan Investment Company OJSC; another from Bedrock Industries Management; and the third from India’s Jindal Steel International- are for the entirety of the business, the administrators said.
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Adani Group to invest ₹75,000 crore in Chhattisgarh across power, cement, education, healthcare, skill development, and tourism sectors, including ₹60,000 crore to expand power plants, ₹5,000 crore for cement plants, and ₹10,000 crore for CSR initiatives, expected to boost economic growth and generate employment.
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Standard Glass IPO shares are set to list on BSE and NSE on January 13, following a huge demand of 183 times to its Rs 410-crore issue in the primary market. The analysts expect a mega listing with a premium exceeding 60% over its issue price. The shares of the Standard Glass Lining Technology issue with a price band of Rs 133-140 per share were allotted to the successful bidders on January 9.
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