The concept of simultaneous elections isn’t new to India, having been practiced between 1951 and 1967. Previous recommendations for its revival came from the Law Commission’s 170th report in 1999 and a Parliamentary Committee report in 2015.
A super simple way to find good companies (18-09-2024)
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Quality Power files draft papers with Sebi to raise funds via IPO (18-09-2024)
Quality Power Electrical Equipments, an energy transmission equipment and power technologies company, has filed preliminary papers with capital market regulator Sebi to raise funds through a initial public offering.
The initial public offering (IPO) comprises a fresh issue of equity shares aggregating up to Rs 225 crore and an offer for sale (OFS) of up to 1.2 crore equity shares, according to the draft red herring prospectus filed on Monday.
As part of the OFS, promoter Chitra Pandyan will offload the shares of the IPO-bound company.
The Pandyan family holds 100 per cent stake in Sangli-based Quality Power.
Proceeds from the fresh issue are proposed to be utilised for the acquisition of Mehru Electrical and Mechanical Engineers Pvt Ltd, funding capital expenditure requirements for purchasing plant and machinery.
Besides, the company will also use the funds for inorganic growth through unidentified acquisitions and other strategic initiatives and general corporate purposes.
Quali
INDIA bloc will soon form govt at Centre, claims Karnataka CM Siddaramaiah (18-09-2024)
Karnataka Chief Minister Siddaramaiah has predicted that the INDIA bloc will soon form the government at the Centre, claiming that the ruling NDA will not complete its term. He criticized BJP leaders for issuing threats to Rahul Gandhi, alleging attempts to undermine his popularity and calling for strict action against those making such statements.
Ram Nath Kovind-led ‘One Nation One Election’ panel studied simultaneous poll processes in 7 nations (18-09-2024)
The high-level panel on ‘one nation, one election’ studied election processes in seven countries before recommending simultaneous polls for Lok Sabha and state assemblies in India. The report, approved by the Union Cabinet, suggests adopting best international practices to ensure fairness and transparency in elections.
Ola Electric – Full Stack EV play? (18-09-2024)
And then only the company reacted…
