Laser Power & Infra Ltd., an integrated manufacturer of power cables, conductors and specialised products for the power transmission and distribution industry, will launch its Rs 742-crore initial public offering on July 9. The issue will close on July 13, according to its red herring prospectus. The IPO comprises a fresh issue of equity shares worth Rs 542 crore and an offer for sale of shares aggregating up to Rs 200 crore by promoter selling shareholders. Net proceeds from the fresh issue will be used towards repayment or prepayment of borrowings amounting to Rs 490 crore, and for general corporate purposes. The company operates three manufacturing units in West Bengal and reported revenue of Rs 2,326 crore and net profit of Rs 151 crore in FY26. Its order book stood at Rs 3,243 crore as of March 31, 2026. Laser Power, which also has an engineering, procurement and construction division, is a licenced stranding partner of US-based TS Conductor, allowing it to locally manuf...
An unruly mob vandalised and set on fire on Thursday night around 9 pm, the venue where Chief Minister N Biren Singh is scheduled to attend a programme the next day at New Lamka in Churachandpur district.
Local police quickly swung into action and dispersed the mob but not before the venue was damaged with hundreds of burning chairs.
The agitated mobs managed to partially torched the newly set-up open gym at PT Sports complex at New Lamka which Biren Singh is slated to inaugurate on Friday afternoon, police said.
Besides the inauguration of the open gym, Biren Singh is also scheduled to attend another function organised by a local at Sadbhavna Mandap.
The mob attack happened as the Indigenous Tribe Leaders Forum called for a total Churachandpur shutdown from 8 am to 4 pm. The Forum claimed that despite repeated submission of memorandums to the government protesting an ongoing eviction drive to clear reserved forested areas of farmers and other tribal settlers, "the government has shown no sign of willingness or sincerity in addressing the plight of the people."
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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