Omnitech Engineering Ltd’s Rs 583-crore IPO was subscribed 1.14 times on the last bidding day, with bids for 2.16 crore shares against 1.89 crore on offer. |
New Delhi: The initial public offer of Omnitech Engineering Ltd, a manufacturer of precision-engineered components, received 1.14 times subscription on the last day of bidding on Friday. The Rs 583-crore IPO got bids for 2,16,31,632 shares against 1,89,09,890 shares on offer, as per data available with the NSE.
The category meant for Qualified Institutional Buyers (QIBs) attracted 2.86 times subscription. The portion for non-institutional investors received 73 per cent subscription and Retail Individual Investors (RIIs) quota got subscribed 33 per cent. Omnitech Engineering on Tuesday raised over Rs 174 crore from anchor investors. The price band was Rs 216-227 per share, valuing the company at over Rs 2,800 crore.
The IPO is a combination of fresh issuance of equity shares worth up to Rs 418 crore and an Offer For Sale component of equity shares valued at Rs 165 crore by promoter Udaykumar Arunkumar Parekh. Proceeds from the fresh issue will be utilised to repay debt, set up two new manufacturing facilities, fund capital expenditure requirements and general corporate purposes.
Omnitech Engineering manufactures high-precision engineered components and supplies to global customers across industries like energy, motion control & automation, industrial equipment systems, and other diversified industrial applications. Its clientele includes Halliburton Energy Services, Suzlon, Oshkosh Aerotech, Weatherford, Lufkin Industries, Oilgear, Donaldson Company, PUSH Industries and Bharat Aerospace Metals. The IPO is managed by Equirus Capital and ICICI Securities.
Disclaimer: This story is from the syndicated feed. Nothing has been changed except the headline.
Madras University Result 2026: The University of Madras (UNOM) has released the November 2026 examination results for various undergraduate (UG), postgraduate (PG), and professional programs today on the official website, unom.ac.in. Students who appeared for the exams can access and download their scorecards from the official university website by adding their login credentials.
Madras University Result 2026: Steps to Check Madras University Result 2026
Checking your results online is a straightforward process. Follow these simple steps to access your scorecard:
Step 1: Go to unom.ac.in, the official University of Madras website.
Step 2: Locate the “Examination” or “Results” section on the homepage, which is usually found in the notifications or announcements section.
Step 3: Select “Madras University November 2026 Exam Results” or a comparable notification by clicking on the link.
Step 4: From the list of results, pick your particular course.
Step 5: Fill in the appropriate fields with your registration number and any other necessary information, including your date of birth.
Step 6: Press the “View Result” or “Submit” buttons.
Step 7: The screen will display the results. Take a printout of the scorecard after downloading it for your records.
Madras University Result 2026: Details Mentioned
The following are the details mentioned for the Madras University Result 2026
In a major development, a Delhi court on Friday, February 27, discharged all 23 accused in the Delhi excise policy case, including former chief minister Arvind Kejriwal, former deputy chief minister Manish Sisodia and Telangana Jagruthi president and former MLC K Kavitha.
Special Judge Jitendra Singh passed the order, closing the case initiated by the Central Bureau of Investigation (CBI) over alleged irregularities in the now-scrapped 2021–22 excise policy.
No prima facie case, says court
The court held that no prima facie case was made out against any of the accused and ruled that there was no overarching conspiracy or criminal intent in the formulation of the excise policy.
It was observed that the prosecution’s case did not survive judicial scrutiny and that the CBI had attempted to construct a narrative of conspiracy based on conjecture.
CBI’s reliance on approver statements criticised
In strong remarks, the judge questioned the agency’s reliance on approver statements to build its case.
The court said granting a pardon to an accused and then using that person’s statements to fill gaps in the investigation and implicate additional individuals was improper.
“If such conduct is allowed, it would be a grave violation of Constitutional principles,” the court observed, adding that such an approach could not form the basis of criminal prosecution.
The judge also said a recommendation would be made for a departmental inquiry against CBI officials for making public servant Kuldeep Singh the number one accused in the case.
Background of the case
The case dates back to 2022, when the CBI registered an FIR alleging that the Delhi Excise Policy 2021–22 was manipulated to facilitate monopolisation and cartelisation of the liquor trade in the national capital.
The FIR was lodged following a complaint by Lieutenant Governor VK Saxena on July 20, 2022.
According to the CBI, leaders of the Aam Aadmi Party (AAP) had received kickbacks from liquor manufacturers due to alleged policy manipulation. The Enforcement Directorate (ED) subsequently registered a case under the Prevention of Money Laundering Act (PMLA) in connection with the matter.
Investigators had alleged that loopholes were “intentionally” created in the policy to favour certain licensees after the tender process.
Arrests and bail battle
Several opposition leaders, including Kejriwal and Sisodia, were arrested in the case and spent considerable time in jail after bail pleas were rejected by the trial court and the Delhi High Court. The Supreme Court later granted them relief.
The discharge order now brings the CBI’s case in the excise policy matter to a close, unless challenged before a higher court.
Kavitha thanks judiciary
Telangana Jagruthi president K Kavitha said the Delhi excise policy case against her was politically motivated and part of a vendetta against Opposition parties, particularly the BRS and its chief K Chandrashekar Rao (KCR).
Maintaining that she had no connection with the case, she thanked the judiciary for upholding her faith in the system after the court discharged all the accused, and said the legal battle had taken a personal toll, costing her valuable time with her family.
‘Satyamev Jayate’: AAP leaders welcome court relief to Kejriwal, Sisodia
Aam Aadmi Party leaders on Friday hailed the court discharge of former Delhi chief minister Arvind Kejriwal and his ex-deputy Manish Sisodia in the excise policy case as a victory of truth and the Constitution.
Sisodia called the decision a reaffirmation of constitutional values.
“Despite all the attempts by BJP and all their agencies to prove us dishonest, today it has been proven that Arvind Kejriwal-Manish Sisodia are staunchly honest,” the former Delhi education minister said on X.
AAP Rajya Sabha MP Sanjay Singh said the court’s decision had vindicated the party’s stand.
In his post on X, he alleged that the case was part of a conspiracy to defame the AAP leadership and referred to the period of incarceration faced by party leaders.
AAP leader Saurabh Bharadwaj said, “The BJP government has everything, it is in power in so many states, yet they had a problem even with the tiny Delhi government.”
Honest people are defamed day and night through these false cases, he alleged.
AAP MLA Kuldeep Singh invoked ‘Satyamev Jayate’, calling the court order a victory for truth.
Samayat Services LLP, a special-purpose vehicle of Kedaara Capital and Partners Group, divested a 13.96 percent stake (65.25 crore shares) in Vishal Mega Mart for Rs 7,635 crore through open market sales at around Rs 117 per share. |
New Delhi: Samayat Services LLP, one of the promoter entities of supermarket chain Vishal Mega Mart, on Friday divested nearly a 14 per cent stake in the company for Rs 7,635 crore through open market transactions. Samayat Services LLP is a special-purpose vehicle owned by private equity firm Kedaara Capital and Switzerland-based Partners Group.
According to the bulk deal data on the National Stock Exchange (NSE), Samayat Services LLP sold a total of 65.25 crore equity shares in two tranches, representing a 13.96 per cent stake, in Gurugram-based Vishal Mega Mart. The shares were offloaded in the price range of Rs 117-117.03 apiece, taking the combined transaction value to Rs 7,635.55 crore. Following the stake sale, Samayat Services LLP’s holding in Vishal Mega Mart (VMM) declined to 40.13 per cent, from 54.09 per cent.
Meanwhile, HDFC Mutual Fund (MF), the Singapore government and the Monetary Authority of Singapore have collectively bought shares of the supermarket chain. The Singapore government purchased over 12.69 crore shares or 2.72 per cent holding in Vishal Mega Mart (VMM), while HDFC MF acquired 9.40 crore shares, amounting to a 2.01 per cent equity stake, and the Monetary Authority of Singapore picked up nearly 7.33 crore shares or 1.57 per cent in VMM.
These entities purchased more than 29.42 crore shares or a 6.3 per cent stake in VMM at an average price of Rs 117 per share, taking the aggregate value to Rs 3,443.17 crore. Details of the other buyers of Vishal Mega Mart’s shares could not be ascertained on the exchange. Shares of Vishal Mega Mart declined 7.59 per cent to close at Rs 117.85 apiece on the NSE.
In June last year, Samayat Services LLP sold a 19.6 per cent stake in Vishal Mega Mart for Rs 10,220.40 crore. In 2018, Partners Group and India-focused PE firm Kedaara Capital bought Vishal Mega Mart from investment firm TPG Capital and Shriram Group for around USD 735 million. In 2024, Kedaara Capital and Partners group took Vishal Mega Mart to the public to raise Rs 8,000 crore through an initial public offering. VMM engages in wholesale, cash and carry trading under the ‘Vishal’ brand and grants franchise rights for Vishal Mega Mart franchise stores. It was incorporated in 2010. VMM operates retail stores through its wholly-owned subsidiary, Airplaza.
Disclaimer: This story is from the syndicated feed. Nothing has been changed except the headline.
Mumbai: In an unprecedented administrative move, the Maharashtra government on Friday ordered the suspension of a senior IAS officer for failing to attend a meeting convened by a BJP minister, triggering sharp political and bureaucratic reactions.
Protem Speaker of the Maharashtra Legislative Assembly Dilip Lande on Thursday directed the suspension of two senior officials of the Maharashtra Pollution Control Board (MPCB) after they skipped a briefing called by Environment Minister Pankaja Munde.
Who Were The Officials Suspended?
According to an Indian Express report, the officials named in the order are MPCB Member Secretary M Devendra Singh, an IAS officer and Joint Director Satish Padval. The decision has drawn attention as it is rare for officers to face suspension solely for not attending a ministerial meeting.
Also Watch:
The issue came up during a discussion in the Assembly on rising pollution levels in Chandrapur district. During the debate, Munde informed the House that key MPCB officials had repeatedly failed to attend meetings she convened to address environmental concerns in the region.
Taking serious note of the absence, Lande termed it ‘gross negligence’ and an insult to the democratic process, stating that elected representatives were being disregarded. “The officials failed to respect the directions of the minister and neglected their duty towards the people of Maharashtra,” Lande said as quoted by The Indian Express, while ordering action.
The matter has also assumed political significance due to the power dynamics involved. The MPCB is chaired by Siddhesh Kadam, who belongs to the Eknath Shinde-led Shiv Sena, while the Environment Department is under BJP leadership. Kadam is the son of senior Shiv Sena leader Ramdas Kadam and brother of Minister of State Yogesh Kadam.
CM Fadnavis To Take Final Call On Suspension
On Friday, a file recommending the suspension was placed before Chief Minister Devendra Fadnavis, who is yet to take a final call on the matter. Defending his decision, Lande reportedly said, “It does not matter whether I was only the protem speaker. I was on the chair and action was taken because the minister’s orders were not respected.”
Adding to the pressure, BJP MLA Sudhir Mungantiwar moved a breach of privilege motion against the MPCB for failing to comply with the environment minister’s directions. MPCB chairman Siddhesh Kadam has not issued a statement on the issue so far.
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Odisha Shocker: Woman Raped Twice In A Day, Dies After Being Thrown From 4th Floor Of A Building; Boyfriend Among 2 Held | File Pic (Representative Image)
Paradip (Odisha): Odisha Police have arrested two persons in connection with the alleged rape and murder of a woman in Paradip.
Jagatsinghpur Superintendent of Police Ankit Verma said the incident took place on the night of the 22nd and 23rd.
He told ANI, “On the nights of the 22nd and 23rd, a woman fell from the fourth floor of a building and died. A complaint was received on the morning of the 23rd, and a UD case was subsequently registered. As the investigation proceeded, several facts came to light. At Tirtol Thana, a missing person complaint for the deceased had been registered.
It was established that this was not an accidental case. The accused, Shubham Kumar, a resident of Dhanbad, Bihar, under Madhuban Thana, was involved. He raped her and then threw her off the building…
Further investigation revealed information about her boyfriend, Somnath Ojha. On the night of the 22nd, she had gone to meet Somnath, where they quarrelled over an issue. Later, Somnath dropped her near the market area, where she met Shubham, who was going to Paradip. Since she was going in the same direction, he took her along. Shubham then took her to his house, where he raped her and threw her from the fourth floor of the building… During the investigation, adult video content Odiswas also recovered from Shubham’s mobile phone”, Verma said.
Police also recovered adult video content from the accused’s mobile phone during the course of the investigation.
Further investigation into the matter is underway.
(Except for the headline, this article has not been edited by GPlus’s editorial team and is auto-generated from an agency feed.)
India and Israel elevated ties to a ‘Special Strategic Partnership for Peace, Innovation and Prosperity’ during PM Modi’s visit, signing 17 agreements. |
New Delhi: India and Israel, in their key meetings this week, have placed technology and innovation at the centre of the partnership which aligns closely with India’s ambition of building a $500 billion electronics manufacturing economy by 2030–31, industry experts said on Friday.
Prime Minister Narendra Modi and his Israeli counterpart, Benjamin Netanyahu, have elevated the bilateral relationship to a ‘Special Strategic Partnership for Peace, Innovation and Prosperity’, reflecting the deep trust between the two nations and the strong alignment of their economic and technological ambitions. The visit resulted in the signing and announcement of 17 bilateral agreements, MoUs and declarations across manufacturing, Artificial Intelligence, cybersecurity, digital payments, space, agriculture, education and defence.
“India and Israel are natural partners. Israel’s world-class capabilities in AI, semiconductors and deep technology complement India’s manufacturing scale and industrial ambition,” said Pankaj Mohindroo, Chairman, India Cellular and Electronics Association (ICEA). The elevation to a Special Strategic Partnership provides an institutional foundation to deepen technology collaboration, he mentioned.
Israel is globally recognised for its strengths in AI, semiconductor design, embedded systems, cybersecurity and advanced technologies. India has, over the past decade, transformed into the world’s second-largest mobile phone manufacturer, with electronics production growing from $31.4 billion in 2014 to over $133 billion in 2024–25. Through strong policy initiatives such as the Production-Linked Incentive schemes and the Electronics Component Manufacturing Scheme (ECMS), India has built scale, capability and global credibility in electronics manufacturing.
The newly announced frameworks, including cooperation in Critical and Emerging Technologies, the Tech-Gateway Initiative and collaboration in Artificial Intelligence, create structured pathways for joint R&D, design partnerships, technology validation and manufacturing scale-up. “Together, they create an institutional architecture of unprecedented depth and breadth for India–Israel technology collaboration. This will significantly accelerate India’s journey towards becoming a design-led, deep-tech manufacturing powerhouse,” said ICEA.
Disclaimer: This story is from the syndicated feed. Nothing has been changed except the headline.
New Delhi: Artificial Intelligence (AI) offers significant potential to help the climate crisis, but its high energy and water requirements could worsen environmental challenges if not managed properly, a senior official of the United Nations (UN) said.
In an interview with PTI Videos, Martin Krause, Director of the Climate Change Division at the United Nations Environment Programme (UNEP), said from a climate perspective, AI presents both a huge opportunity and a serious risk.
Citing examples of AI as part of the climate solution, the official highlighted AI-driven early weather warning systems, renewable grid integration, and satellite-based alert systems to track emission sources promptly, while also voicing concerns over the significant water and energy demands of the data centres.
“AI is already helping to predict early weather warnings, such as floods and storms, with much greater accuracy, and if deployed at scale, it could protect hundreds of millions of people,” Krause, who attended the recently concluded AI Impact Summit in Delhi, told PTI.
“Secondly, integrating renewable energy into the national grid, as is currently happening in India, requires recalibrating and balancing the grid, and AI is already helping to achieve this,” he said.
The India AI Impact Summit, held from February 16-20 in New Delhi, focused on AI’s transformative potential across governance, innovation, and sustainable development.
Considering the magnitude of energy consumption by AI data centres, the UNEP Climate Change division chief noted the importance of integrating renewable energy to prevent a rise in greenhouse gas emissions from fossil fuels.
He added that site-specific assessments are needed to determine the right mix of energy sources to power the data centres.
“The key point is that there must be guardrails to ensure that, while AI and data centres bring significant benefits, they do not end up depleting the scarce natural resources we all depend on,” the senior UN official stated.
At the recently concluded AI Impact Summit, UN Secretary-General Antonio Guterres had cautioned that as AI’s energy and water demands soar, data centres must switch to clean power, rather than “shift costs to vulnerable communities”.
In December 2025, the United Nations Environment Assembly (UNEA-7) adopted its first resolution on the sustainable use of Artificial Intelligence one of eleven resolutions adopted at the session.
The resolution encourages its Member States and all relevant stakeholders to promote, and cooperate toward, the sustainability of AI by harnessing the opportunities and benefits of AI systems in support of the environment and by minimising its environmental impacts.
Caught On Cam: Speeding Thar Drags Motorcycle For 10 KM After Fleeing From Greater Noida Petrol Pump Without Paying; 22-YO Driver Arrested |
Noida: A shocking incident took place in Greater Noida on Wednesday after a speeding Thar SUV allegedly dragged a motorcycle for nearly 10 kilometres following a hit-and-run during a dramatic chase. A CCTV footage of the dramatic incident has surfaced on the internet, showing the two-wheeler being dragged under the SUV.
The incident reportedly took place in the Dhoom Manikpur area after the driver of the Thar allegedly fled a petrol pump without paying for fuel. According to the police, the accused filled fuel at a local petrol pump and drove away without making the payment, leading petrol pump employees to chase the vehicle on a motorcycle.
Thar Driver Rams Petrol Pump Staff On Motorcycle
During the pursuit, the Thar driver allegedly rammed into the motorcycle, causing the rider to fall on the road and suffer injuries. Instead of stopping after the collision, the driver continued driving even as the motorcycle got lodged under the SUV.
Reports quoting eyewitnesses suggest that the Thar kept moving for around 10 kilometres with the motorcycle stuck beneath it. Due to friction with the road, the motorcycle reportedly caught fire while being dragged.
Several people on the road shouted and tried to alert the driver, but he did not stop. The entire sequence of events was captured on CCTV cameras installed along the route, visuals of which have since surfaced and are being examined by the police.
Police teams from Badalpur, Dadri Kot and Jarcha police stations chased the SUV and finally managed to intercept it after a pursuit spanning nearly 10 kilometres. The driver was taken into custody and the Thar SUV was seized.
22-Year-Old Accused Arrested
The accused has been identified as 22-year-old Harsh, a resident of Bulandshahr. Badalpur police have registered a case and launched a detailed investigation into the incident, including charges related to reckless driving, causing injury and fuel theft.
Bolivia: At least 15 people were killed and around 30 others injured on Friday evening after a Bolivian Air Force Hercules aircraft carrying newly printed banknotes crashed onto a busy road in El Alto, according to local authorities and media reports.
The military aircraft went down shortly after taking off from El Alto International Airport, slamming into vehicles on a crowded road in a densely populated area of the city, which lies adjacent to Bolivia’s administrative capital La Paz. Emergency services rushed to the scene as wreckage and debris were strewn across the roadway, news agency Reuters reported.
Both Civilians & Plane Passengers Among Casualties
Officials confirmed that the fatalities included both civilians on the ground and people onboard the aircraft. Several of the injured were rushed to nearby hospitals, with some reported to be in critical condition.
Civilians Seen Picking Currency Notes From Crash Site
Videos shared widely on social media captured chaotic scenes following the crash, showing crowds gathering around the wreckage. Footage also appeared to show banknotes scattered across the site, with some individuals attempting to pick up the currency before authorities intervened. Firefighters and police were seen using water hoses to disperse people and secure the area.
As a precautionary measure, operations at El Alto International Airport were temporarily suspended following the incident. Bolivia’s national carrier Boliviana de Aviacion clarified in a statement that the crashed aircraft was not part of its fleet.
El Alto, situated at an altitude of over 4,000 metres, is one of Bolivia’s most populous urban centres. Authorities have launched an investigation to determine the cause of the crash, including whether technical failure or environmental factors played a role.
