Andhra Pradesh Totapuri growers face price crash despite Centre’s MIS

The SEC alleged that the investment adviser had used “false claims and promises” to solicit investments in Adit-managed funds and used client money for the firm’s own benefit, including by taking unsecured loans ‌on favorable terms ⁠without ⁠disclosure to clients.

Eswari Global Metal Industries is poised for a major Initial Public Offering (IPO) with an ambitious target of raising Rs 1,100 to Rs 1,300 crore. This strategy entails both a fresh share issuance and an offer-for-sale by existing promoters. The proceeds are earmarked for expanding manufacturing capabilities, clearing debts, and addressing general corporate requirements. The…

Nuvama Institutional Equities and Motilal Oswal Financial Services have initiated coverage on Vedanta Aluminium with ‘Buy’ ratings and target prices of Rs 540, citing strong earnings growth, cost reduction initiatives, firm aluminium prices and robust cash flow generation as key drivers.