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In an inspiring conservation effort, researchers successfully relocated more than 27,000 orchids from the threatened areas of Kerala's Western Ghats due to road expansion. This project aimed to assess the adaptation of these exquisite plants in new habitats, achieving a remarkable 71.4% survival rate. Notably, varying success rates were observed across locations, with urban wetlands proving to be the most beneficial. View More
Buying property in your spouse’s, parents’ or child’s name using your money can attract income tax scrutiny and benami law action. Know the tax rules, legal exceptions, penalties and documents you need to avoid notices and property disputes. View More
The Supreme Court upheld the inheritance rights of a woman's two sons from her second marriage over 45 bighas of Delhi land, ruling that her limited interest had become absolute ownership under Section 14(1) of the Hindu Succession Act, 1956. View More
Razorpay Software Ltd and Sembcorp Green Infra recently received approval from Sebi for their initial public offerings, marking a major milestone in their growth journeys. Razorpay aims to secure Rs 5,000-6,000 crore to enhance its financial services platform, while Sembcorp Green Infra plans to raise Rs 3,750 crore to bolster its renewable energy initiatives. View More
Fintech firm Razorpay Software Ltd and Sembcorp Green Infra , a renewable energy independent power producer, have secured Sebi's approval to launch initial public offerings (IPO), an update with the markets regulator showed on Friday. Razorpay filed draft documents with Sebi via the confidential route in June for an IPO. Sembcorp Green Infra filed preliminary papers with the Securities and Exchange Board of India (Sebi) in August to raise up to Rs 3,750 crore through an IPO. After examining the draft documents, the regulator issued its final observations to Razorpay and Sembcorp Green Infra on November 3 and November 13, respectively, the update showed. Sebi's observations mark an important step in the IPO process, allowing the companies to proceed with preparations for their public issues, subject to applicable regulatory requirements. Live Events Razorpay did not disclose the size of the proposed issue. However, people familiar with the matter estimate the issue size in the range of Rs 5,000-6,000 crore. Founded in 2014 by Harshil Mathur and Shashank Kumar, Razorpay offers payment acceptance, banking, payouts, payroll, lending and other financial services through an integrated platform. The company serves millions of businesses across India, ranging from startups and small and medium enterprises to large corporates. Razorpay attained unicorn status in 2020 and has since expanded beyond payments into a broader financial services ecosystem for businesses. Its offerings enable merchants to manage collections, payouts, payroll, cash flows and access to capital through a single platform. The company is backed by investors like Peak XV Partners, GIC , Tiger Global, Ribbit Capital, Lone Pine Capital, Alkeon Capital and TCV. The confidential filing route allows companies to submit draft offer documents to Sebi for review without immediately disclosing sensitive business information to the public. According to the draft red herring prospectus, Sembcorp Green Infra's proposed IPO is entirely a fresh issue of equity shares with no offer-for-sale (OFS) component. The IPO proceeds will be used for payment of certain borrowings by the company and the subsidiaries. The proposed capital raise will help strengthen its balance sheet as it scales up its renewable energy portfolio. Sembcorp Green Infra had 3.60 GW of operational renewable energy capacity and about 4.04 GW/GWh under construction as of March 31, 2026. Its under-construction portfolio includes 2.61 GW of renewable energy capacity and 1,433 MWh of battery energy storage system (BESS) capacity. The company is also increasing its focus on complex renewable projects, including hybrid, storage-backed, round-the-clock (RTC) and firm and dispatchable renewable energy (FDRE) projects. Promoted by Sembcorp Utilities Pte Ltd and Sembcorp Industries Ltd, SGIL has 105 projects across 13 states and union territories. Earlier this month, Nasdaq-listed travel booking platform MakeMyTrip's India subsidiary received Sebi's approval to launch its maiden public offering. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
Crystal Crop Protection's unlisted shares are commanding a 16-18% grey market premium ahead of its Rs 455.5 crore IPO. The public issue opens on November 18, with a price band of Rs 259-272 per share. View More
Crystal Crop Protection unlisted shares were trading at a 16-18% grey market premium over the IPO price in the unofficial market ahead of listing, indicating decent debut gains for allottees. Crystal Crop Protection has set a price band of Rs 259-272 per share for its maiden public issue, aiming to raise Rs 455.5 crore from India’s primary market. Ahead of listing, the unlisted shares of the company have a grey market premium (GMP) of Rs 45-48 per share over the IPO price, according to sites tracking the unofficial grey market. Also read | Crystal Crop Protection sets price band for Rs 455.49 crore IPO, issue opens on November 18 Crystal Crop Protection IPO structure and dates Crystal Crop Protection's IPO comprises a fresh issue of 1.31 crore shares worth Rs 354.77 crore and an offer for sale (OFS) of 37.03 lakh shares worth Rs 100.71 crore. The initial public offering of the company will open for subscription on November 18 (Wednesday) and close on November 20 (Friday). Live Events The IPO allotments are likely to be finalised by November 23 (Monday), and the shares are scheduled to make their market debut on NSE and BSE on November 26 (Thursday). Crystal Crop Protection IPO lot size Crystal Crop Protection has a lot size of 55 shares. This means that retail investors will need a minimum of Rs 14,960 to apply for one lot at the upper end of the price band, and in multiples thereafter. Eligible employees bidding in the employee reservation portion will receive a discount of Rs 25 per share. IIFL Capital Services Ltd. , DAM Capital Advisors Ltd. and Motilal Oswal Investment Advisors Ltd. are the book-running lead managers to the issue, while MUFG Intime India Pvt. Ltd. is the registrar. Also read | Crystal Crop Protection buys FMC India business How will Crystal Crop Protection IPO proceeds be used? Crystal Crop Protection IPO proceeds from the OFS segment will go to the selling shareholders, while those from the fresh issue will be used for multiple purposes, as listed in the company’s IPO papers. It plans to use more than Rs 31 crore towards the repayment or pre-payment, in full or part, of certain borrowings. It will also invest Rs 2 crore in its material subsidiary, Saffire Crop Science, to facilitate the repayment or pre-payment of some or all of its outstanding borrowings. The remaining fresh issue proceeds will be utilised to fund inorganic growth opportunities through unidentified acquisitions and strategic initiatives, along with general corporate purposes. The total IPO proceeds earmarked for these objectives amount to Rs 33.50 crore. What does Crystal Crop Protection do The agro-based crop solutions company is focused on agrochemicals and seeds, whose portfolio includes herbicides, fungicides, insecticides, bio-stimulants, bio-protectants, plant growth regulators, fertilisers, micronutrients and seeds for field crops, vegetables and flowers. Crystal Crop Protection follows an integrated business model covering research and development, seed breeding, technology-driven manufacturing and pan-India distribution. It offers over 174 crop protection brands and exports products to markets including Bangladesh, Nepal, Africa and Asia. Its seed portfolio spans cotton, cereals, oilseeds, fodder, vegetables and flowers, with exports to Japan, the US and Thailand. The company operates manufacturing and seed-processing facilities across Haryana, Gujarat, Jammu & Kashmir, Maharashtra, Telangana and Karnataka, along with an R&D centre in Sonipat, Haryana. As of September 30, 2025, its formulation and technical manufacturing capacities stood at 75,962 MT and 3,456 MT, respectively. The company has a pan-India network of over 13,000 distributors and 36 distribution centres. Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
For over two decades, Jim and Laura Currie have passionately worked to rejuvenate their land in Mississippi, joining forces with organizations to safeguard the endangered dusky gopher frog. In June 2026, they proudly launched a project, releasing almost 500 captive-bred frogs onto their revitalized property, with ongoing monitoring set to ensure these frogs flourish in their new home. View More
Crystal Crop Protection has fixed a price band of Rs 259–272 per share for its Rs 455.49 crore IPO, which opens on November 18. The agrochemical company plans to use part of the proceeds to repay debt and fund strategic growth initiatives. View More
Crystal Crop Protection set its IPO price band at Rs 259–272 per share for its Rs 455.49 crore public issue, which will open for subscription on November 18, 2026. The issue comprises a fresh issue of 1.31 crore shares aggregating to Rs 354.77 crore and an offer for sale (OFS) of 37.03 lakh shares worth Rs 100.71 crore. The IPO will close on November 20, 2026, while the allotment is expected to be finalised on November 23. The company's shares are proposed to be listed on the NSE and BSE, with a tentative listing date of November 26, 2026. The price band has been set at Rs 259–272 per share, with a lot size of 55 shares. Retail investors will need to invest a minimum of Rs 14,960 for one lot at the upper end of the price band. Eligible employees bidding in the employee reservation portion will receive a discount of Rs 25 per share. IIFL Capital Services Ltd., DAM Capital Advisors Ltd. and Motilal Oswal Investment Advisors Ltd. are the book-running lead managers to the issue, while MUFG Intime India Pvt. Ltd. is the registrar. At the upper end of the price band, the IPO is valued at 27.20 times the face value of the equity shares, while the lower end represents 25.90 times the face value of Rs 10 per share. Based on diluted earnings per share (EPS) for FY26, the company's price-to-earnings (P/E) multiple stands at 23.42 times at the floor price and 24.59 times at the cap price, compared with the industry peer group's average P/E ratio of 20.07 times. The company's weighted average return on net worth over the last three financial years stood at 7.06%. Objects of the issue Live Events The company plans to utilise ₹31.29 crore from the IPO proceeds towards the repayment or pre-payment, in full or part, of certain borrowings availed by the company. It will also invest ₹2.21 crore in its material subsidiary, Saffire Crop Science Private Limited, to facilitate the repayment or pre-payment of some or all of its outstanding borrowings. The remaining proceeds will be utilised to fund inorganic growth opportunities through unidentified acquisitions and strategic initiatives, along with general corporate purposes. The total IPO proceeds earmarked for these objectives amount to ₹33.50 crore. About Crystal Crop Protection Ltd. Crystal Crop Protection is an agro-based crop solutions company focused on agrochemicals and seeds. Its portfolio includes herbicides, fungicides, insecticides, bio-stimulants, bio-protectants, plant growth regulators, fertilisers, micronutrients and seeds for field crops, vegetables and flowers. The company follows an integrated business model covering research and development, seed breeding, technology-driven manufacturing and pan-India distribution. It offers over 174 crop protection brands and exports products to markets including Bangladesh, Nepal, Africa and Asia. Its seed portfolio spans cotton, cereals, oilseeds, fodder, vegetables and flowers, with exports to Japan, the US and Thailand. Crystal Crop Protection operates manufacturing and seed-processing facilities across Haryana, Gujarat, Jammu & Kashmir, Maharashtra, Telangana and Karnataka, along with an R&D centre in Sonipat, Haryana. As of September 30, 2025, its formulation and technical manufacturing capacities stood at 75,962 MT and 3,456 MT, respectively. The company has a pan-India network of over 13,000 distributors and 36 distribution centres. Disclaimer: The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
Raw sugar futures experienced a downturn as declining energy prices coupled with weak physical demand influenced production strategies. Brazil reported a reduction in sugar output due to heavy rainfall linked to the El Niño phenomenon, subsequently affecting global supply. On the contrary, Arabica coffee prices surged, rebounding from a recent dip despite consistent bean deliveries. View More
Raw sugar futures on the ICE exchange fell on Thursday, heading back towards a recent five-week low, as energy prices continued to decline, while arabica coffee surged nearly 4%. Sugar Raw sugar settled down 0.26 cents, or 1.4%, at 18.22 cents per lb, after setting a five-week low of 17.92 cents on Tuesday. Sugar is under pressure near-term from poor physical demand and weak energy prices, which tend to prompt cane mills to produce more sugar and less ethanol, a cane-based biofuel. Broker ADMIS noted, however, the tight global supply picture has not gone away, with top grower Brazil's production sharply lower this year due to excess El Niño-linked rains. Sugar production in Brazil's key center-south region fell 0.7% in the second half of October from a year earlier to 2.08 million metric tons, according to data released by the Agriculture Ministry. Live Events White sugar fell 0.3% to $509.90 a metric ton. Coffee Arabica coffee settled up 9.9 cents, or 3.7%, at $2.7455 per lb, rebounding from a six-week low of $2.6215 hit on Wednesday. Dealers said there were some supportive factors behind Thursday's surge, such as the rolling over of positions from December to March before first notice day and the poor passing rate for Brazilian coffee that was sent to ICE warehouses for grading. ICE said on Wednesday that 7,120 bags of Brazilian coffee failed grading and none was approved. That improved on Thursday, making it a 59% passing rate for the week so far. Any upside on coffee, however, might be limited by the good flow of beans to consumers. Top grower Brazil exported 5.02 million bags of green coffee in October, a nearly 31% year-on-year rise. Robusta coffee slipped 1.2% to $3,207 a ton. "Coffee-growing areas have seen only light rain, which has not disrupted harvesting," said a trader in top grower Vietnam. Cocoa London cocoa settled up 94 pounds, or 2.4%, to 3,986 pounds per ton, having hit a four-month low of £3,675 on Tuesday. Weak demand for chocolate is weighing on cocoa, as is the relentless rise in exchange stocks to 2-1/2-year highs. The El Niño weather pattern remains a risk for cocoa, however. The US Climate Prediction Center said on Thursday it sees a greater than 79% chance that a strong-to-very strong El Niño will continue through January to March 2027. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now!
The tenant did not vacate the property. He and his wife had executed a registered settlement deed in favour of their son on August 10, 2001. Their son subsequently transferred the property through two registered sale deeds. One of the sale deeds was executed in January, 2012. One of the buyers alleged that the landlord’s family was interfering with her claimed peaceful possession of the property. View More