Regreen-Excel EPC India Ltd has filed papers with Sebi for an IPO to raise funds. The share-sale includes a fresh issue of Rs 350 crore and an offer-for-sale by promoters. The proceeds will be used for debt repayment, bank guarantees, and corporate purposes. The company specializes in ethanol plant projects.
Oil slides on Mideast respite, yen down as Japan govt loses majority
In Japan, the LDP which has ruled for most of the post-war years and junior coalition partner Komeito won 215 lower-house seats at Sunday’s election,