Silly Monks Entertainment will launch its initial public offering today. The IPO, under the SME category, is priced at Rs 120/share and will list on the NSE Emerge platform. Fund-raising by SMEs through the primary market under junior bourses has gained momentum in recent years.

The special CBI court in Ranchi is expected to pronounce the quantum of sentence for RJD chief Lalu Prasad, 15 others convicted in a fodder scam case. The court deferred its sentence again on Thursday. The court on December 23 convicted Lalu and the others, 21 years after it had surfaced.

India will face South Africa in the opening Test that starts in Cape Town. The three-Test South Africa series is the first of a gruelling 2018-19 season that includes tours to England and Australia. As the numero uno Test side, India have a healthy points’ lead over second-ranked South Africa.

Oil minister Dharmendra Pradhan and mines minister NS Tomar will inaugurate Nalco’s Panchpatmalli south block bauxite mines; 18.5MWpower unit at alumina refinery, Damanjodi; and the “first-of-its-kind” nanotechnology-based defluoridation plant at Angul.

An all-party Joint Action Committee will hold a ‘praja ballot’ (people’s court) at various industrial establishments and main thoroughfares of the Visakhapatnam on the Centre’s decision to privatise the Dredging Corporation of India. The opinion gathered through it would be submitted to Union Shipping Minister Nitin Gadkari.

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