IPO-bound GK Energy faces operating losses, rising costs

IANS | May 6, 2025 4:38 PM

New Delhi, May 6 (IANS) GK Energy Limited, a company specialising in solar-powered agricultural water pump systems, is preparing to launch its initial public offering (IPO) after receiving final approval from the Securities and Exchange Board of India (SEBI) last month.

Centre focuses on key reforms in public procurement system via GeM

IANS | May 6, 2025 9:51 AM

New Delhi, May 6 (IANS) The government has stressed upon key reforms in the public procurement system through the Government-e-Marketplace (GeM), including robust anti-cartel safeguards and expert-led interventions to further improve efficiency, transparency and growth.