Alcobrew Distilleries India files draft papers for IPO; eyes Rs 258 cr via fresh issue

Spirit maker Alcobrew Distilleries India Ltd has filed draft papers with capital markets regulator Sebi to seek its approval to raise funds through an initial public offering (IPO).

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Why India’s steel demand is defying global weakness

India’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input costs. While Chinese oversupply pressures international prices,