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Hy-Tech Engineers is preparing to launch its IPO. The company has filed its draft prospectus with SEBI. The IPO includes a fresh issue of shares up to Rs 700 crore. Promoters will also offer 1,19,33,120 equity shares for sale. The company plans to use the funds for expansion and debt repayment. The shares will be listed on BSE and NSE.
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News and Media
India's retail sector anticipates a consumption boost. The GST Council's tax slab rationalization aims to reduce prices on many goods. Apparel, footwear, and consumer electronics will likely see price drops. Organized retail may gain against unorganized players. Amber Enterprises and Trent are expected to benefit. Challenges like inverted duty structures remain. This policy shift signals a push toward consumption-driven growth.
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News and Media
The Goods and Services Tax rate change on cement and construction materials may help mid-size housing projects. Amit Mamgain of Yugen Infra says lower taxes will help developers and buyers. Metro cities may see more demand. Affordable housing will not change much. New rates may start after September 22, 2025.
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News and Media
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