Inox Green Energy Services secures board approval to raise Rs 1,050 crore through equity issuance and convertible warrants. Learn about the fund-raising plan and its impact.

Inox Wind Energy has raised Rs 900 crore through equity share sale to reduce its debt and strengthen its balance sheet. The funds will be used to pare down debt and augment working capital.

Inox Wind Energy, a promoter of Inox Wind Ltd, has sold a 4.6% stake for Rs 904 crore through open market transactions. The deal saw shares of Inox Wind tumble 10% on the BSE and NSE.

HDFC Mutual Fund purchased 11.33 lakh shares of Cyient Ltd for Rs 204 crore, increasing its stake to 2.1%. Ventureast divested a 1.8% stake in Zaggle Prepaid Ocean Services for Rs 67 crore, while...

Inox Green Energy Services reported a net loss of Rs 1.35 crore in Q3 FY24 due to lower revenues. The company had posted a profit of Rs 4.70 crore in the same quarter last year.

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Emcure Pharmaceuticals, backed by Bain Capital, has raised Rs 583 crore from anchor investors ahead of its IPO. The IPO opens for subscription on July 3 and closes on July 5.

Capgemini invests Rs 1,000 crore in Chennai facility, creating 5,000 jobs and focusing on sustainability, innovation, and local talent development.

Bansal Wire Industries, a steel wire manufacturer, has raised Rs 223 crore from anchor investors ahead of its IPO, which is set to open for public subscription from July 3-5.

Air India cancels Copenhagen-Delhi flight on June 30 due to technical and operational reasons, leaving passengers stranded. Revised schedule to be announced soon.

Punjab Finance Minister Harpal Cheema announced an extension of the One Time Settlement (OTS) scheme deadline to August 16 for taxpayers to settle outstanding dues. The scheme aims to reduce...

HCL Technologies launches its first delivery center in Bihar, focusing on IT and engineering services for hi-tech and semiconductor companies. The center will also feature specialized labs and...

TCS becomes title sponsor of the Sydney Marathon for 5 years, adding to its global running event portfolio. Meanwhile, ICICI Bank launches a prepaid forex card for students and Godrej Security...

Nephro Care India's IPO was oversubscribed by 715.85 times, driven by strong institutional investor interest. The IPO raised Rs 41.26 crore and will be listed on NSE Emerge.