Coal India shares gained on Monday, May 18, after the government approved the listing of Mahanadi Coalfields Limited (MCL), one of Coal India’s key subsidiaries. The IPO proposal is aimed at unlocking value, improving transparency, and helping Coal India monetise its assets. The issue may include both a fresh share sale and an offer for sale (OFS), with Coal India planning to dilute up to 25% stake in MCL over multiple phases, subject to market conditions and regulatory approvals.
DBT Bureau Pune, 11 July 2026 TAC InfoSec Reports Record Q1 FY27 Results; Income Jumps 97%, PAT Surges 137% as AI Boom Strengthens Cybersecurity Demand Amid global concerns over whether the AI boom is sustainable, TAC Security converted rising AI-led cybersecurity demand into record quarterly growth. Total Income grows 33.3% QoQ to...
