The initial public offering (IPO) of HPL Electric & Power Ltd that saw a weak opening on Thursday was covered 29% at the end of second day.
HPL Electric & Power Ltd saw just about 6% subscription for its initial public offering (IPO), on the first day, with only retail investors applying to invest in the firm.
Essel Propack, a manufacturer of laminated and seamless or extruded plastic tubes, has acquired 75.1% stake it did not own in its European joint venture Essel Deutschland Germany (EDG), it said on Wednesday.
State-owned refiner Indian Oil Corporation (IOC) and gas utility GAIL India Ltd will tomorrow sign a pact to take 49 per cent stake in Adani Group's Rs 5,000-crore Dhamra LNG project in Odisha.
If the deal goes through, it will allow Inditrade to enhance its farm lending and trading business.