This marks the first such strategic investment by a government-owned company in the Indian renewable energy sector

Green deals

Deductions from salaries, such as standard deduction, gratuity, and leave encashment, have now been consolidated in one section instead of being scattered across various sections

INCOME TAX

The Bill proposes a revised tax structure for individuals, Hindu undivided families, and certain associations

Quality Power, an energy transmission equipment and power technologies company, on Monday fixed a price band of Rs 401 to Rs 425 per share for its Rs 859-crore initial public offering (IPO).
The initial share-sale will open for public subscription on February 14 and conclude on February 18. The bidding for anchor investors will open for a day on February 13, the company announced.
The company's valuation has been pegged at nearly Rs 3,300 crore at the upper-end of the price band.
The initial public offering (IPO) comprises a fresh issue of equity shares aggregating up to Rs 225 crore and an offer-for-sale (OFS) of 1.5 crore equity shares valued Rs 634 crore at the upper-end of the price band. This aggregates the issue size to Rs 859 crore.
As part of the OFS, promoter Chitra Pandyan will offload shares of the company.
The Pandyan family holds 100 per cent stake in Maharashtra-based Quality Power.
Proceeds from the fresh issue would be utilised for the acquisition of Mehru Electri

IPO rush, market

Biren Singh will continue as 'caretaker chief minister' until the next state CM is chosen by BJP. The current Manipur govt's term is set to conclude in March 2027

N Biren Singh

Aravind Srinivas recently challenged Elon Musk to stop him from raising $500 billion from USAID. The post comes amid calls to shut down the federal agency

Aravind Srinivas

From Donald Trump's tariff imposition to continued FII selling, here are key reasons for the market crash on February 11, 2025

Stock Market, Market, Crash, Lost, decline, statistic, Crisis, Capital, BSE, NSE

Saudi's previous one-year multiple-entry visas have been suspended indefinitely, affecting travellers from 14 countries, including India

Saudi Arabia

CPL's assets of Rs 5,777.13 crore stand assigned or transferred to R-Infra

reliance infrastructures rinfra

Mahakumbh began on Jan 13 and will continue until Feb 26. Meanwhile, the Kumbh has seen many saints making headlines for their unique philosophies. "Businessman Baba" is the recent addition to the lis

Businessman Baba at Maha Kumbh 2025

The report of the joint committee of Parliament on the Waqf bill was tabled in the Rajya Sabha amid uproar on Thursday, with the proceedings briefly adjourned following a heated debate between the treasury and the opposition benches.
Opposition MPs led by Leader of Opposition Mallikarjun Kharge alleged that dissent notes were deleted from the report, a charge denied by Union Parliamentary Affairs Minister Kiren Rijiju.
The report on the Waqf (Amendment) Bill was tabled by BJP member Medha Vishram Kulkarni, a member of the panel.
The tabling of the report was followed by uproar by members from the opposition benches.
The clamour continued as Chairman Jagdeep Dhankhar tried to read out a message from President Droupadi Murmu.
"Don't show disrespect to the president of India..." Dhankhar said and urged Kharge to ask the opposition members to take their seats.
As the uproar continued, the Upper House was adjourned till 11:20 am.
When the Upper House reconvened, the chairman read out

Parliament, New Parliament, Lok sabha, Rajya sabha

Grok 3 has very powerful reasoning capabilities, so in the tests that we've done thus far, Grok 3 is outperforming anything that's been released, Musk said

Tesla CEO and X owner Elon Musk | Photo by Allison Robbert on Reuters

Tesla CEO and X owner Elon Musk

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Maha Kumbh 2025: Meet Businessman Baba who gave up Rs 3,000 crore empire

JPC report on Waqf bill tabled in Rajya Sabha amid uproar from opposition

Grok 3 in final stages of development, to outperform all chatbots: Musk

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Income Tax Bill 2025: Deductions on salaries, pension & gratuity explained

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