Sri Lotus Developers Sets IPO Price Band at Rs 140–150
Sri Lotus Developers and Realty has fixed the price band of Rs 140 to Rs 150 per equity share (face value Rs 1 each) for its upcoming Initial Public Offering (IPO), which opens on Wednesday, July 30, 2025, and closes on Friday, August 1, 2025. The IPO comprises a fresh issue of shares aggregating up to Rs 7.92 billion, with no offer-for-sale component. Investors can bid for a minimum of 100 equity shares and in multiples of 100 thereafter. Eligible employees bidding under the reserved portion will receive a discount of Rs 14 per share. Headquartered in Mumbai, the company operates un..
BigBloc Unveils ESG Profile on ESG World Platform
BigBloc Construction, a leading manufacturer of Aerated Autoclaved Concrete (AAC) Blocks and Panels in India, has launched its Environmental, Social and Governance (ESG) Profile on the ESG World platform. The move underscores the company’s commitment to sustainability, governance transparency, and responsible business practices. Accessible via the company’s website under the ‘Sustainability’ section, the ESG Profile provides real-time access to key ESG data for investors, analysts, ESG rating agencies, and financial institutions, aligned with global benchmarks. “BigBloc Con..
Indian Railways Sanctions 237 Projects Worth Rs 1.9 Trn
The Indian Railways has sanctioned 237 projects (including 40 new lines, 17 gauge conversions, and 180 doubling schemes) totalling 9,703 km at an estimated Rs 1.90 trillion since FY23, Minister Ashwini Vaishnaw told Parliament.Additionally, 892 route surveys covering 61,462 km have been sanctioned during this period. The pace of track commissioning has increased, with 34,428 km added from 2014–2025, compared to 7,599 km from 2009–2014.This acceleration is credited to the PM Gati Shakti National Master Plan, which has improved project coordination and reduced costs through better survey met..
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