The PM Internship scheme pilot faced many candidate withdrawals initially, with reasons like parent pressure. Acceptance rates have improved since. The corporate affairs ministry aims to address these issues as the scheme expands. Over 620,000 applied, targeting 125,000 interns. Major companies including Reliance and Tata Consultancy participated. Formal launch is expected soon.
Allied Engineering Works files IPO papers; seeks to raise Rs 400 cr via fresh issue
Smart energy meter manufacturer Allied Engineering Works has filed preliminary papers with the markets regulator Sebi to garner funds through an initial public offering (IPO).