Afcons Infrastructure Ltd emerges as the lower bidder (L1) for the construction of two crucial packages (E5 & E7) of the Access Controlled Pune Ring Road (East), as announced in a regulatory filing. The project, awarded by the Maharashtra State Road Development Corporation Ltd. (MSRDC), involves an EPC contract valued at Rs 4,787.20 crore (excluding GST).
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Mumbai-based Shanti Gold International Limited has filed Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO).The IPO, with an equity share face value of ₹10, consists entirely of a fresh issuance of up to 18 million equity shares.
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Retail chain Shoppers Stop Ltd on Tuesday (January 4) reported a 41.5% year-on-year (YoY) surge in net profit at ₹52.2 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Shoppers Stop posted a net profit of ₹36.9 crore. The company's revenue from operations increased 11.5% to ₹1,379.5 crore versus ₹1,237.5 crore in Q3 of FY24.
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