The Mumbai-based Shapoorji Pallonji Group has formally begun preparations for a mega initial public offering (IPO) of its real estate business, marking one of the most significant capital market exercises in India’s property sector in recent years. The proposed IPO is expected to raise over ₹8,000 crore and is aimed…
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Coal India to Sell 15% BCCL Stake, CMPDI IPO by March
State-owned Coal India Limited (CIL) has outlined an aggressive disinvestment roadmap, announcing plans to sell its remaining 15 percent stake in Bharat Coking Coal Limited (BCCL) within the next six months. The move comes shortly after BCCL’s successful stock market debut and signals Coal India’s broader strategy to unlock value…