India’s imports of steel over the period from April to September were led by shipments from China, according to provisional government data reviewed by Reuters on Friday, and the South Asian nation remained a net importer of the alloy. The world’s second-biggest producer of crude steel imported 4.7 million metric tons of the finished metal from April to September, up 42.2% from a year ago.
Open FlipBharat Electronics Ltd., the state-run defence equipment manufacturer, on Friday (November 8) announced that it has now won orders worth ₹500 crore since its last disclosure on October 7, 2024. With these orders, Bharat Electronics has now accumulated orders totaling ₹8,194 crore in the current financial year so far.
Open FlipMaize-based speciality products maker Paramesu Biotech has filed preliminary papers with the capital markets regulator SEBI to raise Rs 600 crore via an initial public offering. The IPO is a combination of fresh issuance of equity shares worth Rs 520 crore, and an offer-for-sale of Rs 80 crore by promoter Unimark Business Solutions. The promoter holds 92.19 percent shareholding in the company.
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