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Coal India Unit SECL Said To Hire Banks For $800 Million IPO

South Eastern Coalfields Ltd., a unit of state-run Coal India Ltd., has hired banks for an initial public offering in Mumbai that could raise as much as $800 million, according to people familiar with the matter. The coal producer has appointed ICICI Securities Ltd., SBI Capital Markets Ltd., Motilal Oswal Investment Advisors Pvt. and IDBI Capital Markets & Securities Ltd. to advise on the share sale, the people said, asking not to be identified because the information is private. South Eastern Coalfields aims to file a draft prospectus as early as December, the people said. Parent Coal India is expected to sell shares in the proposed offering, they added. Discussions are ongoing and details including the size and timing of the offering could change, the people said. Representatives for Coal India, South Eastern Coalfields and the banks didn't immediately respond to requests for comment. The potential listing would add to Coal India's efforts to take some of its sub...

A Sneak Peek Into Sonakshi Sinha's New House In Mumbai

Dahaad star Sonakshi Sinha treated her fans on Tuesday to some pictures of her new house in Mumbai. In the pictures, we can see Sonakshi Sinha posing while unpacking the furniture in her new house. From the pictures, it is evident that the actress is in the process of moving in. We also can't help but notice the stunning view of the sea and Bandra Worli Sea Link from her house. Sharing the images, Sonakshi expressed that "adulting is hard". Her caption read, "Adulting - hard! Head is swirling with plants and pots and lights and mattresses and plates and cushions and chairs and tables, forks and spoons, sinks and bins…. aaargh!!! Doing up a house is not easy."

Take a look at the post here:

A few weeks earlier, Sonakshi Sinha spoke about the objectifying nature of the dialogues of her film Rowdy Rathore. Sonakshi Sinha admitted candidly that she would not feature in such scenes today. The actress told Film Companion, “Today where I stand, I would never do something like that. I was so young then that I was not thinking in this direction. For me, it was a fact that I am doing a film with Prabhu Deva.  I am doing a film with Akshay Kumar, oh my god – who would say no to something like that? Sanjay Leela Bhansali was producing it. Why would I say no? At that time, my thinking was very very different. Today, if I would read a scene like that, I would not do it. I have garnered enough experience. I have matured as a person…Things change with time, and so have I.”

Meanwhile, Sonakshi is being praised for her role in Amazon Prime's Dahaad. In NDTV's review of Dahaad, Saibal Chatterjee wrote, “The performances are marked by restraint and impressive acuity, with Sonakshi Sinha shining in a role that gives her room to convey a gamut of emotions. Vijay Verma stands out as the seemingly meek Hindi professor. Gulshan Devaiah is terrific as an incorruptible police officer. Sohum Shah delivers a flawless performance as the conflicted cop.”

On the work front, Sonakshi Sinha will be seen in Kakuda and Bade Miyan Chote Miyan.



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