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...
For MS Dhoni, the IPL 2023 was a special one in many ways. From the start of the edition, one man who was showered with all the adulation at every venue was MS Dhoni. Wherever Chennai Super Kings played, be it at home in Chennai or in away matches, Dhoni had the crowd backing him. Ultimately, Dhoni's CSK lifted the IPL title by defeating Gujarat Titans in the final in Ahmedabad. After the final, Dhoni even mentioned that he will try and play one more IPL season, but added that it would also require huge physical effort from his side.
Dhoni will be seeking expert opinion from sports orthopedics in Mumbai on the state of his dodgy left knee before taking a call on his treatment, CEO Kasi Viswanathan said on Wednesday. Now, a video has gone viral on social media where it can be seen that Dhoni is strapping his knee.
MS Dhoni came to bat even with this injured knee
— (@balltamperrer) May 31, 2023
His commitment towards the game pic.twitter.com/9AL8BQGvf5
Dhoni had played the entire IPL season with a heavily strapped left knee and although he looked absolutely okay while keeping, more often than not batted as late as No.8 and didn't look swift while running between the wickets.
"Yes, it is true that Dhoni will be taking medical advice for his left knee injury and accordingly decide. If surgery is advised, it can only be ascertained after reports come out, it will be completely his call," Viswanathan told PTI.
Is there a possibility that Dhoni will decide against playing next season and thus free up a purse of Rs 15 crore for the mini auction, the CEO replied: "Frankly, we are not even thinking on those lines as we haven't reached that stage.
"It will be completely Dhoni's call. But I can tell you in CSK, we haven't entertained those thoughts," Viswanathan said.
With PTI inputs
from NDTV News- Special https://ift.tt/hJKaoEH
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