Allcargo Gati Ltd raised Rs 169.28 crore through a Qualified Institutional Placement (QIP). The funds will be used for technology, infrastructure, and deleveraging the balance sheet.

Allcargo Group has appointed Ketan Kulkarni as Chief Growth Officer to drive business growth and operational efficiency. Kulkarni is a veteran in the logistics and supply chain industry.

The Union Budget 2024-25 focuses on multi-modal connectivity with economic railway corridors, port connectivity, and PM Gati Shakti initiatives, boosting logistics and infrastructure.

Allcargo Logistics and Allcargo Gati boards approve restructuring of businesses, including demerger of ISC business into Allcargo ECU Ltd. The scheme aims to create operational synergies and direct...

Allcargo Gati appoints Sandeep Kulkarni as COO, responsible for strategic planning, cross-functional operations, and managing key supply chain stakeholders.

Matter Group, an Indian EV and energy storage startup, secures $35 million in Series B funding led by Helena to scale up manufacturing, supply chain, and retail expansion.

JSW Infrastructure's subsidiary, JSW Tuticorin Multipurpose Terminal, has signed a concession agreement with V O Chidambaranar Port Authority for the development of North Cargo Berth-III.

Renewable energy firm ACME Solar Holdings Ltd has filed for a Rs 3,000 crore IPO, including a fresh issue of shares and an offer for sale. The company plans to utilize the proceeds for debt...

Sebi has mandated stock brokers to implement systems for detecting and preventing market abuse, including surveillance, reporting, and whistleblower policies. The new rules aim to curb fraudulent...

Federal Bank's loan portfolio grew by 20% in the first quarter, with retail credit book up 25% and wholesale credit book up 14%. Deposits also rose by 20% year-on-year.

Matter Group, an Indian EV and energy storage startup, secures $35 million in Series B funding led by Helena to scale up manufacturing, supply chain, and retail expansion.

JSW Infrastructure's subsidiary, JSW Tuticorin Multipurpose Terminal, has signed a concession agreement with V O Chidambaranar Port Authority for the development of North Cargo Berth-III.

NVIDIA executive Mohit Sewak emphasizes the need for multimodal AI models aligned with Indian culture and sensitivities, advocating for large multilingual datasets and synthetic data generation.

Renewable energy firm ACME Solar Holdings Ltd has filed for a Rs 3,000 crore IPO, including a fresh issue of shares and an offer for sale. The company plans to utilize the proceeds for debt...

Sebi has mandated stock brokers to implement systems for detecting and preventing market abuse, including surveillance, reporting, and whistleblower policies. The new rules aim to curb fraudulent...