Bharat Coking Coal IPO: Issue subscribed 33.6 times by day 2; non-institutional, retail bids surge

Bharat Coking Coal IPO: Issue subscribed 33.6 times by day 2; non-institutional, retail bids surge

The initial public offering of Bharat Coking Coal Ltd (BCCL), a Coal India subsidiary, was subscribed 33.6 times on the second day of bidding on Monday, reflecting strong demand from non-institutional and retail investors, exchange data showed.The Rs 1,071-crore issue received bids for 11,65,79,29,200 shares against 34,69,46,500 shares on offer, according to data available with…

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Green metals push: AM Green, Mitsui sign MoU to explore low-carbon aluminium; energy transition ties widen

Green metals push: AM Green, Mitsui sign MoU to explore low-carbon aluminium; energy transition ties widen

India’s AM Green and Japan’s Mitsui & Co are exploring a strategic partnership for the energy transition. This collaboration includes potential investments in AM Green’s integrated green aluminium platform, aiming to support the world’s first fully integrated green aluminium production facility. Discussions also cover offtake agreements for low-carbon aluminium. India’s AM Green and Japan’s Mitsui…

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