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While a robust economic growth will increase the demand for steel, industry players remain concerned about rising imports and high raw material prices amid geopolitical uncertainties.

In 2022, the Tata Steel board had approved a proposal to merge seven of its subsidiaries into itself.

While a robust economic growth will increase the demand for steel, industry players remain concerned about rising imports and high raw material prices amid geopolitical uncertainties.

Suraj Estate Developers#39; Rs 400 crore IPO was subscribed by 15.65 times, with investors bidding for 12.88 crore shares against the offer size of 82.35 lakh shares.

The project, according to the filing, has a power purchase agreement with SECI for a period of 25 years. This project was awarded under the SECI tranche IX in Tamil Nadu.

The Global Trade Research Initiative (GTRI) said that these five products — basmati rice, non-basmati rice, sugar, spices, and oil meals — account for 51.5 per cent of India#39;s total agriculture exports.

The scope comprises a mix of equipment supply with limited scope EPC (engineering procurement construction) for 180 MW and end-to-end turnkey execution for 99 MW, a company statement said.

The SME IPO, which raised around Rs 6.88 crore, opened for subscription on 18 December and closed on December 20.

The agreement is for the supply of new age polymer intermediate and has a revenue potential of $61 million. The product will be manufactured in the company#39;s existing and new multipurpose manufacturing facilities, Anupam Rasayan said in a release.

A slowdown in global growth is still a concern for the Indian economy, Bhide said. And while India#39;s GDP growth in July-September had been “surprisingly strong”, its uneven nature is a cause for worry.