India’s industrial output growth remains unchanged at 4% in September

Manufacturing output expanded 4.8 per cent during September, while the electricity sector grew 3.1 per cent. In contrast, mining activity slipped 0.4 per cent during the period The Index of Industrial Production (IIP) growth stood at 4 per cent in September, unchanged from August, supported by growth in the manufacturing sector, according to data released…

Crizac IPO to open on July 2: Institutional investors acquire Rs 258 crore shares via anchor book

The Rs 860-crore Crizac IPO, which comprises of solely offer-for-sale, will open for public subscription on July 2, and close on July 4. Kolkata-based Crizac, the international student recruitment solutions provider, has raised Rs 258 crore from 19 institutional investors through its anchor book on July 1, a day before the IPO opening. The Rs 860-crore…