Global private equity giant Blackstone is in advanced discussions with the South City Group, a consortium of Kolkata’s leading real estate developers, to acquire South City Mall, eastern India’s largest and most successful shopping destination. The group is also negotiating the sale of Altair Residences, a luxury housing project in Colombo. The combined value of […]
Business
In a significant milestone for the Indian ferrochrome industry, Tata Steel’s Ferro Alloys and Minerals Division (FAMD) has become the first in the country to publish an Environmental Product Declaration (EPD) for its ferrochrome products. This achievement was announced by the company on Friday, marking a critical step forward in its commitment to sustainable business
Just ahead of its proposed ₹200 crore SME IPO, Rosmerta Digital Services Ltd has landed in fresh controversy after multiple complaints were reportedly sent to regulators and government authorities, raising concerns over the company’s disclosures and financial practices. According to reports, complaints have been submitted to the Securities and Exchange Board of India, the
Mumbai, India – [14.11.24] – Navrattan Green Crete, the groundbreaking innovation by the Navrattan Group, is set to revolutionize the construction industry with its sustainable and high-performance cement solution. Navrattan Green Crete offers exceptional strength and versatility across a range of concrete grades, from M30 to M60, all while reducing the environmental
Mumbai, Nov 13: A group of investors has raised serious concerns over the proposed SME IPO of Rosmerta Digital Services, which recently filed its Draft Red Herring Prospectus (DRHP) with Securities and Exchange Board of India to raise ₹206 crore. According to sources, multiple complaints have been submitted to SEBI, the Finance Ministry, and other […]
Mumbai: Rosmerta Digital Services Ltd’s proposed ₹200 crore SME IPO has run into controversy after multiple complaints were reportedly filed with SEBI, the Finance Ministry, and other authorities, raising fresh concerns for investors ahead of the public issue. According to reports, the complaints name promoters Kartick Vivek Nagpal, Karan Vivek Nagpal, and trust promoter
Mumbai: Just ahead of its proposed ₹200 crore SME IPO, Rosmerta Digital Services Ltd has come under scrutiny after multiple complaints were reportedly submitted to SEBI, the Finance Ministry, and other authorities. The complaints have sparked concerns over transparency, financial disclosures, and investor safety. According to reports, the complaints name promoters Kartick
Mumbai: Fresh controversy has surfaced ahead of the proposed ₹200 crore SME IPO of Rosmerta Digital Services Ltd, as multiple complaints have reportedly been submitted to SEBI, the Union Finance Ministry, and other regulatory authorities. The complaints raise serious concerns regarding alleged concealment of key information, questionable financial disclosures, and possible
The proposed ₹200-crore SME IPO of Rosmerta Digital Services Ltd has come under intense scrutiny after several complaints were reportedly submitted to regulatory authorities, including the Securities and Exchange Board of India and the Union Finance Ministry, alleging serious lapses in disclosures and financial transparency. According to the complaints, the company’s
Fresh concerns have emerged around the proposed ₹200-crore SME IPO of Rosmerta Digital Services Ltd after multiple complaints were reportedly filed with regulatory authorities, including the Securities and Exchange Board of India and the Finance Ministry, questioning the company’s disclosures and financial practices. According to complaints reviewed by media reports,
