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The financial performance of Indian steel companies in the second quarter of the current fiscal has been adversely impacted by falling steel prices on one hand, and high raw material prices, especially coking coal, on the other.",The country’s largest IPO worth a whopping Rs 18,300 crore received bids for over 9.14 crore (9,14,09,844) shares against the total issue size of nearly 4.84 crore (4,83,89,422) shares. The shares which are to be allocated for the qualified institutional buyers (QIBs) was subscribed 2.79 times, while those of non institutional investors was subscribed 0.24 times and that of retail individual investors (RIIs) was subscribed 1.66 times, data available in the stock exchanges showed.",Several bike rallies were taken out in the Khemkaran assembly constituency today in favour of Amritpal currently lodged in a jail in Dibrugarh under the National Security Act. Eager youngsters shouting Sikh religious slogans like ‘Jhoolte nishan rahein panth maharaj ke’ and ‘Waheguru ji ka khalsa Waheguru ji ki fateh’ went around the villages where residents showed equal interest in the proceedings.",The manifesto was released by former Maharashtra chief minister Devendra Fadnavis.",It was just last week that Carlsen had found himself in an unusual situation: at the Superbet Rapid and Blitz Poland event, the world no 1 was the oldest player in the 10-man field. This included three Indian prodigies World Chess Championship challenger Gukesh, Praggnanandhaa and Arjun all of whom the former world champion defeated in a 10-game winning streak in blitz time controls that propelled him to the title.",Novak Djokovic came all the way back after dropping the first two sets to beat Stefanos Tsitsipas 6-7 (6), 2-6, 6-3, 6-2, 6-4 in the French Open final Sunday for his 19th Grand Slam title.",The Bruhat Bengaluru Mahanagara Palike (BBMP) on Monday rolled out a ‘Nambike Nakshe’, a new scheme which simplifies the process of obtaining building plan approvals. Under this scheme, property owners planning to build new houses of upto four floors less than 50 x 80 square feet can obtain approval online without going to BBMP offices.",The alpine highway is a picturesque road and is popular among tourists due to its route through rural and scenic parts of the island. It also cuts through Taiwan’s Yushan National Park home to the island’s highest peak, Jade Mountain.",The rupee depreciated 9 paise to close at an all-time low of 83.33 (provisional) against the US dollar on Wednesday, tracking a strong greenback against major rivals overseas and unabated foreign capital outflows.",According to Microsoft, the new 13-inch Surface Pro is up to 90 per cent faster than the previous Intel-based model. The Surface laptop is available in two sizes, featuring either a 13.5-inch or a 15-inch display, which is stated to be 80 per cent faster than the previous generation model.",Prospects for EM (ex China) have also brightened, particularly in India, where we now expect growth to reach 7.8 percent in the fiscal year ending March 2024 (FY24) and 7 per cent in FY25, both sizeable upward revisions. With GDP growth having exceeded 8 per cent for three consecutive quarters, we expect an easing in growth momentum in the final quarter of the current fiscal year, implying an estimate of 7.8 per cent for growth in FY23-24,” Fitch said in its latest report.",Adani group’s flagship entity Adani Enterprises fell for the second consecutive day on Friday as domestic equities closed in red amid renewed concerns over rate hikes. While many of the Adani group stocks extended losses today, many companies’ stocks were also locked in the upper limit circuit.".