New Delhi: Euler Motors, announced the successful closure of its Series C funding round, raising an additional INR 200 crore. Internal investors including British International Investment… Read More
Indian construction materials supplier upstart Infra.Market, has secured $50 million in its latest fundraise from MARS Unicorn Fund, a joint venture between global asset manager Liquidity Gr… Read More
Vodafone Idea (Vi) has confirmed that it’s discussing the purchase of 5G network equipment with various vendors, including Ericsson from Sweden.
The announcement led to a nearly 12… Read More
Pune, 23rd May 2024: Roadway Solutions India Infra Limited, a leading infrastructure development company based in Pune, is elated to announce that it has been declared as the lowest bidder i… Read More
Udaipur : Indian Tyre Industry major, JK Tyre & Industries Ltd. (JK Tyre) announced its audited results for FY2024. The Board has recommended a dividend of Rs.4.50 per equity s… Read More
HERE are news in brief on Indian economy and business for Tuesday, May 14, 2024:
Global automotive major Stellantis is open to using its manufacturing facility in India to produce and sell e… Read More
Vodafone Idea Limited’s follow-on public offering (FPO) witnessed robust investor demand, being oversubscribed 6.36 times by the final bidding day on April 22. Investors bid for a stag… Read More
RING(formerly known as Kissht) plans to utilize Trifecta Capital’s debt facility for on-lending and growing its balance sheet loan book.Mumbai, 17th April 2024: RING (formerly known as… Read More
Business News Live: Hello and welcome to ABP Live’s Business LIVE blog. Please follow this space for all the breaking news and latest updates from the stock market, economy, and the… Read More
New Delhi, April 8 (IANS) Indian Institute of Technology (IIT) Madras incubation cell deeptech startup Planys Technologies on Monday said that it secured a Rs 43 crore equity infusion led by… Read More
Vodafone Idea is gearing up to raise ₹20,000 crore from the markets through a follow-on public offer (FPO) as soon as next week, according to three sources familiar with the discussio… Read More
On April 6, Vodafone Idea’s board will discuss issuing equity or convertible securities worth up to ₹2,075 crore to one or more promoter group entities, as per a notice to BSE… Read More
Tanvi Foods (India) is currently trading at upper limit of Rs. 181.50, up by 16.50 points or 10.00% from its previous closing of Rs. 165.00 on the BSE.
The scrip opened at Rs. 181.50 and has… Read More
Healthcare is going to fundamentally transform in the years to come. No doubt, technological advancements will be helming such a change. The newfound health awareness is also a result of the… Read More
New Delhi, April 3 (IANS) – Axis Bank has confirmed that all regulatory approvals for the proposed subscription of shares in Max Life Insurance have been received. The private lender h… Read More
The Real Estate Investment Trust (REIT) is an excellent alternative for attracting investments in the infrastructure and real estate sectors. These investment instruments relieve the public… Read More
Following the reports on Wednesday that Anil Ambani-led Reliance Power has paid off its debts, the company’s share price moved up by 11.91 percent on NSE in the last two trading days… Read More
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INTRODUCTION:Reliance Power’s Debt Resolution Efforts:A Clear Path to Debt Freedom:Forge Strategic Alliances and Capital Injection:Noteworthy Financial Figu… Read More
Reliance Power, led by Anil Ambani, recently paid off debts owed to three banks – ICICI Bank, Axis Bank, and DBS Bank. Meanwhile, its parent company, Reliance Infrastructure, is in th… Read More
The flagship company of the alternative lending platform BlackSoil Group, BlackSoil NBFC, raised Rs 100 crore in equity through a rights issue on Monday from its current Indian investors and… Read More
Eris Lifesciences, Biocon: Eris Lifesciences, a company specializing in branded formulations, is set to buy the domestic branded formulation business of Biocon Biologics, Biocon’s bio… Read More
Congress President Mallikarjun Kharge launched a fresh attack at the Union Government and said that 2.5 crore MSMEs were shut down during the 10 years of the Modi go… Read More
Announces Strategic Equity Dilution, Appoints Prem Prakash as CEO and Neeraj Gupta as AVP Operations
• Strategic Equity Dilution: Servotech EV Infra has successfully diluted 6%* equi… Read More
In January, SpiceJet initiated its fundraising efforts by receiving the first tranche of funds totaling Rs 744 crore through the allotment of securities on a preferential basis.
On Thursday… Read More
In a landmark decision aimed at bolstering the agricultural sector and ensuring the welfare of farmers nationwide, the Government of India (GoI) has announced an increase in the authorized c… Read More
On Wednesday, the company’s share price rose by 6.2% to its intraday high of Rs 968.4 per share from its previous close of Rs 911.65 after the company’s result for the December m… Read More
In a strategic move, ICICI Lombard General Insurance Company is set to acquire a 1.08% stake in Karnataka Bank, investing a significant sum of INR 100 crore. The decision was greenlit by the… Read More
Budget 2024 will be presented by Finance Minister Nirmala Sitharaman today. The real estate sector has sought an expansion of the definition of affordable housing, industry status for… Read More
In our daily lives, making bill payments and transactions used to rely solely on handling cash. Nonetheless, the shortcomings of cash-based techniques have been brought to light by the… Read More
Share prices of India’s leading multi-specialty hospital moved up by over 1.6 percent at Rs. 309.15 in the morning session from its previous close of Rs. 304.2, after announcing an acq… Read More
Business Wire India
The Board of AGEL approved issuance of INR 9,350 crore of warrants on a preferential basis to the promoter group at a share price of INR 1,480.75/share, calculate… Read More
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SpiceJet To Start Flights to Lakshadweep, Ayodhya Soon, Says Ajay Singh
As on January 7, SpiceJet had 39 aircraft in operations while 26 wer… Read More
In a strategic move to fortify its financial position, Punjab National Bank (PNB) has announced the approval for raising equity capital up to ₹7,500 crore during the fiscal year 2024-2… Read More
Today, we bring you the most significant stocks to keep an eye on in the Indian equity market. As an expert SEO and top-tier copywriter, we understand the importance of providing valuable in… Read More
“The Board, in a unanimous decision during a meeting on Tuesday, considered and approved issuance of equity shares/equity warrants under private placement basis, subject to shareholder… Read More
Introduction to BrainBees Solutions and FirstCry
BrainBees Solutions, the parent company of the eminent e-commerce platform FirstCry, has been a pivotal player in revolutionizing the baby pr… Read More
According to a company filing, billionaire Gautam Adani and his family will invest Rs 9,350 crore in the conglomerate’s green energy division to help it meet debt payment obligations a… Read More
On December 12, SpiceJet’s board of directors authorized the plan to raise Rs 2,254 crore by issuing 320.8 million new equity shares at an issue price of Rs 50 apiece and up to 130 mil… Read More
India’s leading oil and gas producer, ONGC, reveals plans to invest approximately Rs 1 lakh crore in establishing two petrochemical plants dedicated to converting crude oil directly i… Read More
DB Realty’s shares witnessed a 3.4% surge after the successful sale of promoter stakes, marking a significant step towards achieving a debt-free status. The company, in a regulatory f… Read More
Fresh details are emerging from PharmEasy’s much sought after rights issue. The company has been successful in raising the desired sum — in fact much more than what it had antici… Read More
BSE, the country’s leading stock exchange, has posted a four-fold jump in net profit at Rs 118.4 crore for the July-September quarter of the current financial year.
The exchange had m… Read More
Adani Group Invests $1 Billion in Navi Mumbai Airport to Accelerate Operations
Written by Sanjay Kumar
The Adani Group is ramping up its investments in the Navi Mumbai International Airport… Read More
In a significant development for the electric vehicle (EV) industry, Ather Energy has secured investments totaling Rs 900 crores from Hero MotoCorp and Singapore-based investment firm GIC. H… Read More
In a strategic move, Nazara Technologies’ board has given the green light to issue shares worth ₹100 crore to Zerodha’s founders, Nikhil and Nithin Kamath. Nazara’s b… Read More