Fresh 6.8 magnitude tremors hit Sumatra hours after deadly quake kills 40

SBI Mutual Fund’s unlisted shares have delivered nearly 3.8x returns over the past three years, helped by sharp price appreciation and a 3:1 bonus issue, ahead of its proposed IPO. With Sebi’s approval in place, the country’s largest asset manager is expected to launch its public issue in early July.

MV Electrosystems and Juniper Green Energy will debut on the exchanges on August 6 with contrasting listing expectations. MV Electrosystems commands a strong grey market premium after robust IPO demand, while Juniper Green Energy’s modest premium reflects limited listing gains despite healthy institutional interest.

India is set to establish four specialized parks dedicated to critical mineral processing, targeting lithium and nickel first. The initiative, spearheaded by state governments with central technical assistance, is aligned with the National Critical Mineral Mission aimed at bolstering self-reliance. This move is crucial in propelling India’s transition toward green energy, ensuring a sustainable future.