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According to the statement, the project, which is expected to cost around Rs 1,800 crore, will provide power at a competitive rate.

The IPO, which opened for public bidding yesterday, has received bids for 15,24,36,771 shares, much exceeding the 2,10,79,384 shares that are available.

Established in 1925, Raymond's company, which also consists of its engineering and real estate divisions, separated its lifestyle section earlier this year

Currently, Mazagon Dock shares have a face value of ₹10 each. The board also reviewed a new dividend proposal.

The company is collaborating with Kotak Mahindra Capital for the QIP, with more banks expected to join the process.

PhonePe expanded its services by leveraging its UPI network to offer insurance, mutual funds, and EDI-based merchant lending, increasing customer loyalty.

In Sensex, top gainers include ICICI Bank, Nestle, Bharti Airtel, Infosys. Top losers include SBI, Tata Steel, IndusInd Bank, Tata Motors. 

By 15:13 pm on Tuesday, the second day of subscription, the issue had been subscribed 9.96 times, with bids for 8,90,51,970 shares.

The state-run telecom provider unveiled a spam-blocking program that automatically weeds out and stops fraudulent SMSs and phishing attempts.

In addition, Ambuja Cements will gain access to an extra 6 MTPA of capacity in Northern India by utilizing Orient Cement's premium limestone reserves in Rajasthan.