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 woman has alleged that she has been sexually assaulted at the Uttar Pradesh Bhavan, the state guest house in the heart of Delhi. After a case was filed by the Delhi Police, several officials have been suspended and a room where the incident allegedly took place, has been sealed, sources said.
The accused, Rajyavardhan Singh Parmar, is the national president of an organisation called Maharana Pratap Sena, sources said.
Sources said the man came to UP Bhavan with the woman on May 26 around 12.15 pm. He was allotted a room and left the place at 1.50.
The woman later lodged a complaint at the Chanakyapuri police station, alleging that she was sexually exploited by Rajyavardhan Singh Parmar.
Security cameras from the building showed the man and woman inside the building. The room where they stayed at the UP Bhavan, room number 122, has been sealed ahead of forensic tests.
The Uttar Pradesh government has ordered a departmental inquiry.
Three officials posted at the UP Bhavan have been suspended.
Sources said they had allotted a room to the accused even though he is not eligible to book a room. Government guest houses in the national capital usually host government employees.
Rajyavardhan Singh Parmar had claimed that he was booking the room for a government officer and wanted to see it before taking a call, sources said.
The Delhi Police said the allegations are being investigated.
from NDTV News- Special https://ift.tt/AXwOFbT
Comments
Post a Comment