Shri Balaji Valve IPO had received a robust response from investors with a subscription of 276 times at close. While the NII category was booked the most at 799 times, retail investor portion was subscribed 169 times. The QIB portion of the issue was booked 70 times.
Prime Minister Narendra Modi on Saturday said while people are eager to come to Ayodhya on January 22 for the Ram temple consecration ceremony, it is not possible for everyone to reach the holy city on the day and they should visit later on according to their convenience.
Finance Minister Nirmala Sitharaman is set to meet with CEOs of state-run banks to assess their performance on government schemes and address issues like bad loan recovery. Recent discussions focused on monitoring key accounts and expediting insolvency cases. The government emphasizes achieving financial inclusion targets and extending credit outreach campaigns.
Luxury car makers see a structural change in consumption pattern, with growing preference for premium vehicles and emergence of a younger customer set. Strong corporate performance, booming economy combined with increased spending capacity is fuelling luxury car consumption, say car makers.
The petition has also sought the quashing of the second supplementary charge sheet filed by the ED in the case and the related proceedings pending before a trial court in New Delhi.