ATC Energies System will launch its IPO on March 25, aiming to raise Rs 63.76 crore. The IPO includes 54,03,600 equity shares, and the proceeds will be used for debt repayment, capital expenditure, IT infrastructure upgrades, and working capital requirements. Shares are priced between Rs 112 and Rs 118 each.
High provisioning, margin strain reflect in private banks’ Q3 show
Private sector banks experienced a deceleration in operating and net profits for the third consecutive quarter due to reduced net interest income, increased bad loan