Search result for 'infusion'

Delhi-NCR Housing Prices Surge 30% in 2024: Anarock

January 19, 2025 17:21

Delhi-NCR saw the highest housing price increase among top 7 cities in 2024, rising 30% to Rs 7,550 per sq ft, driven by rising input costs, says Anarock.

Sarla Aviation Unveils Prototype Air Taxi: Flying Taxis in India by 2028

January 17, 2025 20:29

Sarla Aviation, an Indian aerospace startup, has unveiled its electric air taxi prototype, 'Shunya', with plans to launch flying taxis in Bangalore by 2028. The company aims to revolutionize urban...

RINL Revival Plan Approved: Rs 11,440 Crore Infusion

January 17, 2025 17:18

The Union Cabinet has approved a Rs 11,440 crore revival plan for debt-laden Rashtriya Ispat Nigam Ltd (RINL), including equity infusion and loan conversion. The plan aims to resolve legacy...

Euler Motors Secures $20 Million for EV Expansion

January 15, 2025 13:38

Euler Motors, a commercial electric vehicle maker, secures $20 million in debt funding from responsAbility Investments to expand production, distribution, and R&D.

BGauss Raises Rs 161 Cr from Bharat Value Fund

January 14, 2025 13:32

Electric vehicle maker BGauss secures Rs 161 crore funding from Bharat Value Fund to accelerate growth, expand its reach, and bolster R&D for new product launches.

Aragen Secures $100 Million Funding from Quadria Capital

January 13, 2025 16:26

Aragen, a contract research, development and manufacturing organization, has secured $100 million in funding from Quadria Capital. The investment will support the company's strategic expansion and...

WeWork India Raises Rs 500 Cr to Cut Debt, Drive Growth

January 13, 2025 11:42

WeWork India raises Rs 500 crore via rights issue from Embassy Group and WeWork Global to reduce debt and fuel growth, aiming to be debt-free and expand operations across 8 cities.

SBI Chairman, Uday Kotak Join NIIF Governing Council

January 7, 2025 22:28

The Finance Ministry has appointed SBI Chairman C S Setty and Uday Kotak as new members of the Governing Council of the National Investment and Infrastructure Fund Trustee Ltd. (NIIFTL).

Crop Insurance Schemes Extended: Govt Funds Tech Infusion

January 1, 2025 16:56

India's PMFBY and RWBCIS crop insurance schemes extended till 2025-26. Govt allocates Rs 824.77 crore for tech upgrades in scheme implementation.

Govt Extends Crop Insurance Schemes to 2025-26

January 1, 2025 16:55

The Indian government has extended two crop insurance schemes, PMFBY and RWBCIS, till 2025-26 and allocated Rs 824.77 crore for technology infusion in their implementation.

Reliance Power Arm Pays USD 150 Million Debt

January 1, 2025 16:40

Reliance Power's Sasan Power Ltd. has paid USD 150 million to IIFCL, fulfilling its debt obligation. This repayment will improve the company's financial standing and enhance its credit rating....

Refex Renewables Acquires Stake in Vyzag Bio-Energy Fuel

December 30, 2024 17:43

Refex Renewables & Infrastructure has acquired a 51% stake in Vyzag Bio-Energy Fuel, a company operating a Compressed Bio-Gas (CBG) plant in India. This acquisition strengthens Refex's...

Scindia Aims to Make India Post Profitable by 2029

December 28, 2024 19:08

Union Communications Minister Jyotiraditya Scindia seeks funds from Finance Minister Nirmala Sitharaman to make the Department of Posts profitable by 2029, focusing on logistics, automation, and...

Credila Financial Services Files IPO Papers with Sebi

December 28, 2024 18:22

Edu loan provider Credila Financial Services Ltd, formerly known as HDFC Credila, has filed IPO papers with Sebi. The company, backed by EQT and ChrysCapital, saw impressive growth in FY24.

Sumitomo Mitsui Infuses Rs 3,000 Cr in SMFG India Credit

December 26, 2024 15:39

Sumitomo Mitsui Financial Group (SMFG) has infused Rs 3,000 crore in SMFG India Credit Co Ltd (SMICC) via a rights issue to expand business. This investment also includes Rs 300 crore for SMFG...

Metropolitan Stock Exchange Raises Rs 238 Cr, Secures Investor Backing

December 26, 2024 10:59

Metropolitan Stock Exchange of India (MSE) secures Rs 238 crore from investors including Billionbrains Garage Ventures, Groww's parent, and Zerodha's Rainmatter Investments. The investment aims to...

MSE Raises Rs 238 Cr: Billionbrains, Groww, Zerodha Invest

December 26, 2024 10:59

Metropolitan Stock Exchange (MSE) secures Rs 238 crore funding from prominent investors including Billionbrains, Groww, and Zerodha. This investment aims to revive MSE's operations in a competitive...

Nandini Launches Protein-Infused Idli-Dosa Batter in Karnataka

December 25, 2024 21:24

Karnataka Milk Federation (KMF) launches Nandini protein-infused idli-dosa batter for busy urban consumers in Bengaluru, offering a healthy and convenient breakfast option.

Govt Infuses Rs 500 Cr in IFCI for Restructuring

December 22, 2024 16:55

Indian government infuses Rs 500 crore in IFCI to improve its financial health ahead of restructuring and consolidation into a group. This will increase the government's stake in IFCI to over 71%.

Haldiram Snacks Food: 3 Firms Vie for Minority Stake

December 10, 2024 18:44

Three firms, including Alpha Wave Global, Blackstone, and Bain Capital, are vying to acquire a minority stake in India's largest snack and sweets company, Haldiram Snacks Food.

Pixxel Raises $24M to Deploy Satellite Constellation

December 9, 2024 18:59

Bengaluru-based space startup Pixxel secures $24 million in Series B funding to accelerate its hyperspectral satellite constellation deployment, aiming for 18 commercial satellites in the near future.

Pixxel Raises USD 24 Million for Satellite Constellation

December 9, 2024 18:23

Google-backed space data firm Pixxel secures USD 24 million in Series B funding, accelerating its hyperspectral satellite constellation launch and Earth observation platform development.

SpiceJet AGM on Dec 30: Share Capital Increase, Director Appointments

December 7, 2024 18:17

SpiceJet to hold its annual general meeting on December 30, seeking shareholder approval for share capital increase, director appointments, and financial statements.

Gopalpur Port Rating Upgraded After Adani Acquisition

December 2, 2024 14:23

Gopalpur Port's rating has been upgraded six notches to AA/Stable after Adani Ports and SEZ acquired it, reflecting strong parentage and operational efficiency improvements.

Alt Mobility Secures USD 10 Mn in Series A Funding

November 27, 2024 08:03

Alt Mobility, a commercial EV leasing and asset management firm, raised USD 10 million in Series A funding led by Eurazeo. The investment will fuel growth, expand its digital platform and...

BLS E-Services Acquires Stake in Aadifidelis Solutions for Rs 123 Cr

November 26, 2024 20:07

BLS E-Services has acquired a 57% controlling stake in Aadifidelis Solutions, a loan distribution and processing company, for Rs 123 crore. This acquisition will help BLSe expand its business...

Mahindra Lifespace, Sumitomo Invest Rs 225 Cr in Chennai Industrial Park

November 22, 2024 19:39

Mahindra Lifespace and Sumitomo Corporation will invest Rs 225 crore to expand their industrial park in Chennai, Tamil Nadu. The project, spanning 307 acres, will focus on building an advanced...

Muthoot Finance Q2 Profit Soars 26% to Rs 1,251 Crore

November 14, 2024 16:25

Muthoot Finance's net profit surged 26% to Rs 1,251 crore in Q2 FY25, driven by strong revenue growth. The company also approved additional equity infusion in its subsidiary.

Pritika Engineering Q2 Profit Surges 78% to Rs 1.64 cr

November 8, 2024 17:21

Pritika Engineering Components reported a 78.20% YoY rise in net profit to Rs 1.64 crore in Q2 FY25, driven by higher revenue. The company's revenue increased by 40.59% to Rs 32.03 crore.

Amit Shah hails Cabinet nod to FCI equity infusion, 'PM Vidyalakshmi' scheme

November 6, 2024 19:26

Union Home Minister Amit Shah lauded the Cabinet's approval for Rs 10,700 crore equity infusion in FCI, strengthening food procurement and storage. He also praised the 'PM Vidyalakshmi' scheme for...

Govt Approves Rs 10,700 Cr Equity Infusion in FCI

November 6, 2024 15:46

The Indian government has approved Rs 10,700 crore equity infusion in FCI for working capital in FY 2024-25, aiming to bolster the agricultural sector and ensure food security.

Deutsche Bank Injects Rs 5,113 Cr into India Operations

November 6, 2024 11:08

Deutsche Bank has infused Rs 5,113 crore into its India operations, the largest capital allocation in recent years, to expand across business lines.

Microsoft Sees No Tech Spend Slowdown in India, AI, Copilot Driving Growth

November 3, 2024 16:56

Microsoft India President Puneet Chandok highlights strong tech spending in India, driven by AI and Copilot adoption, and emphasizes the company's commitment to responsible AI development.

Sky Gold Raises Rs 270 Cr from Kotak Life, BoI MF, Motilal Oswal MF

October 29, 2024 21:06

Sky Gold, a gold jewellery company, has raised Rs 270 crore from Kotak Mahindra Life Insurance, Motilal Oswal MF and Bank of India Mutual Fund. The funds will be used for expanding the product...

Coromandel International to Invest Rs 800 Cr in Fertilizers & Crop Protection

October 24, 2024 22:25

Coromandel International announces Rs 800 crore investment to expand fertiliser manufacturing capacity and set up fungicide plants, aiming to meet growing demand in India.

Elan Group Raises Rs 1,200 cr from Kotak Real Estate Fund

October 22, 2024 14:36

Elan Group, a real estate firm, has raised Rs 1,200 crore from Kotak Real Estate Fund to fuel its growth and expansion in Gurugram's prime real estate market.

RBL Bank Q2 Profit Down 24% on Credit Card, MFI Stress

October 19, 2024 16:17

RBL Bank's Q2 net profit declined 24% due to asset quality challenges from credit cards and microfinance. The bank expects stress on the credit card book to subside by the end of Q3, but challenges...

Temasek Invests Rs 252 Cr in Lendingkart for Controlling Stake

October 18, 2024 15:56

Temasek arm Fullerton Financial Holdings invests Rs 252 crore in Lendingkart to acquire controlling stake, boosting its reach in underserved markets. The investment is a testament to the potential...

Strides Pharma CDMO Arm Raises Rs 801 Cr in Pre-Listing Round

October 16, 2024 10:46

Strides Pharma Science's CDMO arm, OneSource Specialty Pharma, secures Rs 801 crore in pre-listing funding from investors, aiming to accelerate growth and expand operations.

DGCA Removes SpiceJet from Enhanced Surveillance

October 15, 2024 13:24

The Directorate General of Civil Aviation (DGCA) has removed SpiceJet from its enhanced surveillance regime following the airline's efforts to address financial constraints and rectify deficiencies.

Kinetic Engineering Invests Rs 30 Cr in EV Subsidiary

October 13, 2024 16:10

Kinetic Engineering will invest Rs 30 crore in its subsidiary Kinetic Watts and Volts to expand research, development, and manufacturing capabilities in the electric vehicle sector.

AI Revolution: Amazon CEO on Ecommerce Transformation

October 9, 2024 22:40

Amazon CEO Doug Herrington highlights the transformative power of AI in ecommerce, with innovations like AI Shopping Guides and Vision Assisted Package Retrieval for delivery drivers.

SpiceJet Expands Fleet with 10 New Aircraft by November

October 8, 2024 12:44

SpiceJet to add 10 aircraft to its fleet by next month, including leased planes and reintroduced grounded aircraft. The move follows recent capital infusion and aims to meet growing air travel demand.

Dev Accelerator Plans Rs 125 Cr IPO for Flexible Office Spaces

October 5, 2024 13:09

Dev Accelerator Ltd, a flexible office space provider, is set to raise Rs 125 crore through an IPO. The funds will be used to expand its footprint in major cities across India and enhance its...

TDV Launches Rs 50 Crore Fund for Early-Stage Startups

October 3, 2024 18:24

Trillion Dollar Ventures (TDV) announces a Rs 50 crore fund to invest in early-stage startups in sectors like spirituality tech, fintech, and gaming.

FPIs Invest Record Rs 57,359 Cr in Indian Equities in Sept

September 29, 2024 10:59

Foreign portfolio investors (FPIs) poured Rs 57,359 crore into Indian equities in September, the highest inflow in nine months, driven by a US Fed rate cut. This surpasses Rs 1 lakh crore mark in...

Aditya Birla Capital Invests Rs 500 cr in NBFC Subsidiary

September 26, 2024 20:33

Aditya Birla Capital has infused Rs 499.9 crore in its NBFC subsidiary, Aditya Birla Finance Limited, on rights basis. The investment aims to meet growth and funding requirements and improve...

SpiceJet Clears Pending Salaries After Funding

September 26, 2024 15:25

SpiceJet has cleared all pending salaries after securing a fresh capital infusion of Rs 3,000 crore. The airline had been delaying salaries due to liquidity crunch.

Coromandel International to Increase Stake in BMCC

September 25, 2024 18:57

Coromandel International announced an additional 8.82% equity stake acquisition in BMCC, a Senegal-based rock phosphate mining company, increasing its total shareholding to 53.8%. This investment...

Euler Motors Enters LCV Market with Two Electric Models

September 25, 2024 14:09

Euler Motors expands into the light commercial vehicle (LCV) segment with two new electric models designed for intra-city and inter-city use. The company aims to grow the electric SCV market and...

M2P Fintech Raises Rs 850 Cr in Funding Led by Helios

September 24, 2024 20:18

M2P Fintech secures Rs 850 crore in Series D funding led by Helios Investment Partners, valuing the company at over Rs 6,550 crore. The funds will be used to expand its market presence in India and...

Ceinsys Tech Raises Rs 235 Crore for Global Growth

September 24, 2024 12:25

Ceinsys Tech secures Rs 235 crore funding for global expansion, driven by Rare Capital investment. The company focuses on geospatial, engineering, and technology services.

DOMS Industries Acquires Stake in Uniclan Healthcare

September 23, 2024 15:37

DOMS Industries has acquired a 51.77% stake in Uniclan Healthcare, a producer of baby diapers, wipes, and hygiene products, for Rs 54.88 crore. The acquisition will enable DOMS to expand its...

SpiceJet Raises Rs 3,000 Crore Through QIP

September 23, 2024 10:00

SpiceJet raised Rs 3,000 crore through a Qualified Institutional Placement (QIP), oversubscribed by investors, indicating strong confidence in the company's growth prospects.

Anil Ambani's Reliance Group Transformation: Debt Reduction & Fund Raising

September 22, 2024 18:03

Reliance Group, led by Anil Ambani, embarks on a transformation journey with debt reduction and fund raising initiatives. The group aims to solidify its financial position and invest in growth...

Reliance Infra Gets Rs 1,100 Crore Infusion from Promoters

September 20, 2024 11:44

Reliance Infrastructure Ltd is set to receive Rs 1,100 crore equity infusion from promoters and Rs 1,910 crore from Mumbai-based investors. The company seeks shareholder approval for the fund raise...

DailyObjects Raises USD 10 Mn in Series B Funding

September 18, 2024 16:04

D2C design and lifestyle brand DailyObjects secures USD 10 million in Series B funding led by 360 ONE Asset, to expand distribution, product innovation, and manufacturing capacity.

Way2News Raises USD 14 mn Funding Led by WestBridge Capital

September 17, 2024 14:25

Hyperlocal news platform Way2News secured USD 14 million in funding led by WestBridge Capital to expand operations in South India. The investment aims to strengthen brand presence and bring more...

India Targets Rs 1 Lakh Cr Seafood Exports, Strengthens Fishery Sector

September 11, 2024 17:06

India aims to boost seafood exports to Rs 1 lakh crore annually, focusing on strengthening the fishery sector over the next five years. The government is implementing schemes like PMMSY and...

SpiceJet Settles Debt With Carlyle Aviation, Stake to Rise

September 10, 2024 18:09

SpiceJet has reached a settlement agreement with Carlyle Aviation, resulting in a USD 40.17 million lease arrears write-off and a significant increase in Carlyle's stake in the struggling airline.

Golden Growth Fund Raises Rs 400 Cr for Delhi Realty Projects

September 10, 2024 16:56

Golden Growth Fund, a real estate focused AIF, plans to raise Rs 400 crore from investors to develop high-end residential projects in South Delhi. The fund has already secured Rs 25 crore in its...

SpiceJet to Sell Stake: Ajay Singh May Offload 10% to Raise Funds

September 8, 2024 17:43

SpiceJet promoter Ajay Singh plans to sell over 10% stake in the airline to raise funds, aiming to address financial challenges and bring grounded aircraft back in operation. The funding round is...

SpiceJet to Raise Rs 3,200 Cr via Debt, Equity

September 6, 2024 15:36

SpiceJet plans to raise over Rs 3,200 crore through debt and equity instruments to unground its fleet, settle liabilities, and induct new aircraft.

Kinetic Green to Launch Family E-Scooter in 18 Months

September 4, 2024 18:17

Kinetic Green, an electric vehicle maker, plans to launch a family e-scooter in the next 18 months. The company is also targeting a topline of Rs 10,000 crore by 2030, with 60% of revenue coming...

Arbour Investments Invests USD 7 Million in Justo

September 4, 2024 17:41

Arbour Investments has invested USD 7 million in real estate services firm Justo, acquiring a stake and providing debt financing. The investment aims to expand Arbour's offerings in the mid-ticket...

Alpex Solar Doubles PV Module Capacity to 2.4 GW by FY26

September 4, 2024 15:20

Alpex Solar announces plans to double its solar PV module capacity to 2.4 GW by FY2026, including a new 1.2 GW greenfield project in Uttar Pradesh. The company is also exploring solar cell...

Tata Steel Acquires $280 Million in Singapore Arm TSHP

August 28, 2024 18:43

Tata Steel has acquired 178 crore equity shares in its Singapore arm TSHP for USD 280 million, taking total investment to USD 1,337 million. The acquisition makes TSHP a wholly-owned subsidiary.

Wipro, Dell Expand Partnership for Enterprise AI

August 27, 2024 18:17

Wipro and Dell Technologies expand partnership to integrate AI solutions, offering enterprises access to cutting-edge technology and enhanced cost control.

Suraksha Group Invests Rs 250 Cr in Jaypee Infratech, Completes 20,000 Flats

August 25, 2024 15:13

Suraksha Group has infused Rs 250 crore in Jaypee Infratech after acquiring it through insolvency and secured a Rs 3,000 crore loan to complete 20,000 unfinished flats in Delhi NCR.

Foxconn Invests Rs 1,200 Crore in Karnataka Unit

August 23, 2024 16:54

Foxconn infuses Rs 1,200 crore into its Karnataka unit, boosting its manufacturing presence and creating 40,000 jobs. The investment is part of a larger Rs 25,000 crore plan for a massive...

Srivaru Motors Launches Electric Bike PRANA 2.0: Targets 10,000 Units

August 22, 2024 19:04

Srivaru Motors unveils the upgraded PRANA 2.0 electric motorcycle, aiming to sell 10,000 units in India and export to ASEAN countries. The bike boasts a range of up to 250 km on a single charge.

JM Financial Invests Rs 40 Crore in Zoff Spice Brand

August 21, 2024 14:06

JM Financial Private Equity invests Rs 40 crore in Asquare Foods and Beverages, the parent company of direct-to-consumer spice brand Zoff, to strengthen brand-building and distribution.

USD 4 Trillion Financing Gap Hinders SDG Progress: FM

August 17, 2024 19:08

Finance Minister Nirmala Sitharaman highlights the urgent need to address the USD 4 trillion annual financing gap for developing countries to achieve Sustainable Development Goals (SDGs).

SpiceJet Q1 Profit Down 27% to Rs 150 Crore | QIP Fundraise

August 14, 2024 17:27

SpiceJet's standalone profit fell 27% to Rs 149.96 crore in Q1 FY24. The airline is raising Rs 3,000 crore through QIP to expand its fleet and operations.

Fresh Bus Raises USD 10.5 Million in Funding Led by Maniv

August 13, 2024 18:26

Fresh Bus, an all-electric intercity bus startup, secured USD 10.5 million in Series A funding led by Maniv. The funding will be used to expand operations, enhance technology, and strengthen the team.

Stock Market Rebound: Investors Gain Rs 4.46 Lakh Cr

August 9, 2024 18:11

Indian stock market surges, boosting investor wealth by Rs 4.46 lakh crore. Sensex jumps 1.04% on positive global cues and domestic institutional support.

Equity Mutual Funds Inflow Drops 9% to Rs 37,113 Cr in July

August 9, 2024 16:20

Equity mutual fund inflows declined 9% in July to Rs 37,113 crore, led by a drop in large-cap, small- and mid-cap categories. However, the industry's AUM reached a record high of Rs 65 lakh crore.

FinMin Urges State-Owned Insurers to Focus on Profitability

August 4, 2024 18:06

India's finance ministry has instructed state-owned general insurance companies to prioritize profitable business segments and improve profitability, aiming to reduce reliance on government capital...

Fuel Retailers See Profit Slump After Record Earnings

August 4, 2024 11:11

Indian Oil, BPCL and HPCL reported significant profit declines in Q1 2024-25 due to falling margins and LPG under-recovery. This follows record profits in FY24.

Clix Capital Raises Rs 220 Crore from Apollo & Others

August 1, 2024 14:14

Non-bank lender Clix Capital secures Rs 220 crore funding from Apollo Global Management, Pramod Bhasin, and Anil Chawla to bolster lending capabilities in MSME, healthcare, and education.

AIFs Target SME IPOs: Paradise Moon Raises Rs 750 Crore

July 31, 2024 18:52

Alternative Investment Funds (AIFs) are increasingly targeting SME IPOs, drawn by high returns and government support. Paradise Moon Investment Fund aims to raise Rs 750 crore, capitalizing on the...

Khelomore Raises USD 2 Million for Sports Platform Expansion

July 29, 2024 20:43

Sports tech platform Khelomore secures USD 2 million funding led by Clear Bridge Ventures and Eruditus to expand its reach and offer more sports venues.

Tata Steel Acquires 557 Cr Shares in Singapore Arm for USD 875 Mn

July 29, 2024 19:41

Tata Steel has acquired over 557 crore equity shares in its Singapore-based arm, T Steel Holdings Pte Ltd (TSHP), for USD 875 million. The acquisition makes TSHP a wholly-owned subsidiary of Tata...

Equity Mutual Funds Surge 5-Fold in June Quarter

July 28, 2024 11:00

Investment in equity mutual funds surged over five-fold to Rs 94,151 crore in the June 2024 quarter driven by a strong economic environment, supportive government policies and investor confidence.

Dr Reddy's Q1 Profit Dips Slightly, Revenue Up

July 27, 2024 18:47

Dr Reddy's Laboratories reported a marginal decline in Q1 profit to Rs 1,392 crore, while revenue rose to Rs 7,673 crore. The company's North American generics business saw a 20% growth.

ITC Hotels Opens Welcomhotel Belagavi in Karnataka

July 25, 2024 18:17

ITC Hotels opens its 25th Welcomhotel in Belagavi, Karnataka, expanding its presence in tier II markets. The 116-key hotel offers curated immersive experiences for new age travelers.

DPIIT Sets Timelines for FDI Approvals in India

July 24, 2024 13:10

India's DPIIT will create strict timelines for government agencies to expedite FDI approvals, aiming to boost foreign investments and simplify the process. This comes as FDI in India declined in...

India Budget Allocates Rs 1.28 Lakh Cr for Telecom: BSNL Gets Largest Share

July 23, 2024 16:53

India's budget earmarks Rs 1.28 lakh crore for telecom projects, with a significant portion allocated to BSNL for technology upgrades and restructuring. The budget also includes provisions for MTNL...

Govt Scraps Rs 30,000 Cr Oil Co Support After Bumper Profits

July 23, 2024 16:40

India's government has scrapped a Rs 30,000 crore equity infusion planned for state-owned oil companies after they recorded record profits in FY24.

MSMEs Need Compliance Relief: Economic Survey

July 22, 2024 14:45

India's Economic Survey highlights the need to reduce compliance burden on MSMEs for their growth, suggesting single-window clearance & digitization of processes.

NLC India IPO for Clean Energy Expansion: Details

July 21, 2024 14:24

NLC India to raise funds via IPO for clean energy expansion, aiming for 6 GW renewable capacity by 2030. Details on subsidiary, asset transfer, and fund usage.

SpiceJet to Consider Raising Capital via QIP on Jul 23

July 19, 2024 11:40

SpiceJet will hold a board meeting on July 23 to consider raising fresh capital through qualified institutional placement (QIP). The airline previously received approval for a fund infusion of Rs...

Corvi LED Secures $8 Million Funding from Enam Investments

July 17, 2024 20:46

Lighting design firm Corvi LED raises $8 million in funding from Enam Investments to expand globally, diversify products, and enhance technology.

Auxilo Finserve Raises Rs 279 cr for Student Lending

July 16, 2024 12:16

Auxilo Finserve, an education-focused NBFC, secures Rs 279 crore funding from LeapFrog Investments and others to expand its student loan portfolio.

SpiceJet Profit Soars 6-Fold in March Quarter

July 15, 2024 20:25

SpiceJet reported a six-fold jump in its standalone profit to Rs 119 crore for the January-March quarter of 2023-24, driven by operational efficiency. The airline also announced plans to raise...

India's Exports Remain Positive Despite Global Challenges

July 14, 2024 12:24

India's exports grew in May and June despite global challenges, driven by services sector growth, says Commerce Minister Piyush Goyal. Learn more about the positive outlook for Indian exports.

Jaipur Airport User Fee Hike: Rs 805 Per Passenger

July 13, 2024 16:40

Jaipur Airport's user development fee (UDF) has been hiked to Rs 805 per passenger for domestic departures and Rs 345 for arrivals, effective August 1. The increase is based on proposed airport...

Sandeep Kumar Appointed Director (Finance) at PFC

July 11, 2024 18:46

Sandeep Kumar, former Executive Director (Finance) at PFC, has been appointed as Director (Finance) at the power finance company, effective July 11, 2024.

IHCL's ama Stays & Trails Expands Bungalow Portfolio

July 11, 2024 16:51

Indian Hotels Company's ama Stays & Trails adds over 200 bungalows across 15 states, expanding its luxury homestay offering.

Electronics Component Manufacturing: Huge MSME Opportunity - IT Secretary

July 10, 2024 16:43

India's IT Secretary highlights the immense potential for MSMEs in electronics component manufacturing, emphasizing the need for their success and Meity's support in promoting a robust ecosystem.

Kesoram Committed to Cygnet After Demerger, Aims Turnaround with Futamura

July 9, 2024 17:25

Kesoram Industries remains committed to its loss-making subsidiary, Cygnet, and will engage with Japanese partner Futamura after its cement business demerger. The company aims to turn around...

Inox Wind Shares Surge 14% After Promoter Infusion

July 4, 2024 11:53

Inox Wind shares jumped over 14% after its promoter infused Rs 900 crore, making the company debt-free. The investment will accelerate growth and boost profitability.

Inox Wind Becomes Debt-Free After Rs 900 Cr Infusion

July 4, 2024 10:02

Inox Wind Ltd becomes debt-free after its promoter, Inox Wind Energy, infuses Rs 900 crore. The company expects significant savings in interest expenses, boosting profitability.

Global AI Risks: Vaishnaw Calls for Collective Action

July 3, 2024 12:26

Union Minister Ashwini Vaishnaw stresses global cooperation to address AI risks and dangers, highlighting the need for a comprehensive India AI Mission to be launched soon.

FPIs Invest Rs 26,565 Crore in Indian Equities in June

June 30, 2024 10:55

Foreign portfolio investors (FPIs) invested Rs 26,565 crore in Indian equities in June, driven by political stability and a rebound in markets. The focus now shifts to budget and Q1 FY25 earnings,...

Adani Group to Invest Rs 1.3 Lakh Cr in FY25

June 25, 2024 14:13

Adani Group plans to invest Rs 1.3 lakh crore across its portfolio companies in FY25, focusing on green energy, airports, and ports. This investment will be funded by internal cash generation and...

Mitsui Invests in EKA Mobility for EV Expansion

June 20, 2024 20:36

Mitsui Co & Ltd has increased its investment in EKA Mobility to support the electric vehicle (EV) maker's expansion and innovation in the sector. The investment will be used for capital...

Indian Startups Raise Millions in Funding

June 20, 2024 16:31

Indian startups OrbitShift, Supermoney, Maxim AI, and Wahter secure funding to expand operations and develop new solutions.

Zurich Acquires 70% of Kotak General Insurance for Rs 5,560 Cr

June 19, 2024 16:55

Zurich Insurance acquires a 70% stake in Kotak Mahindra Bank's general insurance arm for Rs 5,560 crore, becoming the first foreign insurer to enter India since 2021 FDI rule changes.

Deluxe Recycling Opens New Facility in Gujarat - Doubles Recycling Capacity

June 12, 2024 19:29

Deluxe Recycling inaugurates a new facility in Gujarat, doubling its recycling capacity to 27,400 tonnes per annum. The company aims to recycle over 2,00,000 tonnes of used beverage cartons and...

Indkal Technologies Raises Rs 300 Crore for Expansion

June 12, 2024 18:02

Indkal Technologies, a Bengaluru-based consumer electronics startup, has raised USD 36 million (around Rs 300 crore) to expand its product development and distribution network.

NHPC Transfers Shares in NHPTL to Power Grid

June 11, 2024 18:46

NHPC has transferred its shares in National High Power Test Laboratory Pvt Ltd (NHPTL) to Power Grid Corporation, reducing its stake to 12.5%. The move follows a revival plan for NHPTL, a critical...

TechnoSport Raises Rs 175 Cr From A91 Partners

May 31, 2024 15:48

Sportswear brand TechnoSport secures Rs 175 crore funding from A91 Partners to boost manufacturing, digital presence, and market reach. The investment aims to fuel the company's expansion in the...

Killer Jeans Maker Enters Women's Denim with Kraus Acquisition

May 30, 2024 20:35

Kewal Kiran Clothing (KKCL), maker of Killer jeans, acquires 50% stake in Kraus for Rs 166.5 cr, entering the women's denim segment. The deal expands KKCL's domestic and UAE presence.

Adani Green Energy Rating Upgraded by Ind-Ra

May 30, 2024 14:51

India Ratings and Research (Ind-Ra) has upgraded Adani Green Energy's rating to 'IND AA-' with stable outlook, citing strong operational performance, execution scale-up, and healthy counterparty...

Libas Aims for Rs 1,000 Crore Revenue by FY26, Secures Rs 150 Crore Funding

May 30, 2024 13:46

Women's clothing brand Libas secures Rs 150 crore funding and aims to double its sales in the next two years to Rs 1,000 crore, driven by offline expansion and omnichannel strategy.

FDI Inflows Fall 3% to $44 Billion in FY24

May 30, 2024 13:41

India's foreign direct investment (FDI) equity inflows declined by 3.49% to $44.42 billion in FY24, primarily due to lower investments in services, software, and telecom sectors. However, inflows...

TechEagle Raises Funding from Paytm Founder, Others

May 30, 2024 10:23

TechEagle, an on-demand drone delivery firm, has raised capital from Paytm founder Vijay Shekhar Sharma, Navam Capital, and Inflection Point Ventures. The funding will support the company's efforts...

HCLTech Boosts Asset Utilization with GenAI-Powered MRO Solution

May 29, 2024 12:28

HCLTech integrates generative AI into its iMRO/4 solution, enhancing asset performance and efficiency for enterprises across transportation, technology, energy, aerospace and defense sectors.

Euler Motors Raises Rs 200 Crore in Series C Funding

May 29, 2024 12:14

Euler Motors, an electric vehicle maker, has secured an additional Rs 200 crore in Series C funding led by British International Investment, Blume Ventures, and Piramal Alternatives India Access...

Indya Raises Rs 50 Cr From Sangita Jindal, Others

May 27, 2024 11:19

Indya, the fashion brand, has raised Rs 50 crore from Sangita Jindal, wife of JSW Group chairman Sajjan Jindal, and other investors. The funds will be used for business expansion and global expansion.

Hiring Outlook: 27% for New Roles in FY25 - Report

May 23, 2024 17:45

A new report reveals that 27% of recruitment efforts in FY25 will be focused on filling new positions, reflecting a strong focus on growth and innovation across sectors.

Soleos Solar Energy Secures Rs 48.5 Crore Funding

May 22, 2024 15:08

Soleos Solar Energy has secured Rs 48.5 crore in funding to boost working capital and renewable energy portfolio development. The investment will support the company's expansion plans and global...

Save Group Raises USD 13 Million for Rural Lending Expansion

May 22, 2024 12:37

Save Group, a rural financier, secures USD 13 million from Incofin and Maj Invest to expand its microloans, small business loans, and affordable housing initiatives.

JK Tyre Q4 Profit Surges 54% to Rs 172 cr

May 21, 2024 19:05

JK Tyre's net profit for Q4 FY24 jumped 54% to Rs 172 crore, driven by higher sales. The company also reported a three-fold increase in full-year profit.

India Cements Narrows Q4 Loss to Rs 50.06 Crore

May 20, 2024 13:25

India Cements Ltd reported a narrowed net loss of Rs 50.06 crore in Q4 FY24, driven by improved sales volume despite lower revenue. The company expects a healthy demand outlook for cement in the...

FDI Norms Eased in India: Space Sector, More Liberalization Expected

May 18, 2024 14:49

India's DPIIT Secretary highlights relaxed FDI norms in the space sector and potential for further liberalization under the new government, emphasizing the country's commitment to attracting...

Chryscapital Invests USD 100 Million in Centre for Sight

May 14, 2024 20:48

Chryscapital to invest up to USD 100 million in Centre for Sight, India's leading eye care chain. The investment will be used for expansion in tier-1 and tier-2 cities.

IOC, BPCL, HPCL Record FY24 Profit - Rs 81,000 Cr

May 12, 2024 10:37

State-owned fuel retailers IOC, BPCL, and HPCL reported a combined record profit of Rs 81,000 crore in FY24, exceeding pre-crisis earnings. This follows a period of price freeze and volatile oil...

Union Bank of India Q4 Profit Up 18% on Lower Provisions

May 11, 2024 13:46

Union Bank of India reported an 18.36% rise in Q4 net profit to Rs 3,328 crore, driven by lower provisions. The bank aims for 11-13% credit growth in FY25.

Regrip Raises Rs 17 Crore Led by Sirious One & Inflection Point

May 7, 2024 21:28

Suniel Shetty-backed Regrip secures USD 2 million funding to revolutionize tyre recycling in India. The investment will fuel expansion of its collection network.

AMPIN Energy Transition Secures $35 Million for Solar Projects

May 7, 2024 15:59

AMPIN Energy Transition secures USD 35 million funding from responsAbility to expand its solar projects in the commercial and industrial segment, aiming to increase operating capacity to 10 GWp by...

Manipal Hospitals Aims for Aggressive Growth with Medica Acquisition

April 30, 2024 19:57

Manipal Hospitals, India's largest hospital chain, is expanding aggressively, acquiring Medica Synergie and seeking opportunities in Eastern India and other regions. The company is also...

UCO Bank Q4 Profit Down, Plans Rs 4,000 Cr Capital Infusion

April 29, 2024 21:04

UCO Bank reported a decline in Q4FY24 net profit but plans to raise Rs 4,000 crore in capital during FY25 to support growth. The bank also saw improvement in asset quality.

Samunnati Raises Rs 41 Crore Debt Funding from Enabling Qapital

April 24, 2024 17:54

Samunnati, an open agri network, secured Rs 41 crore debt funding from Enabling Qapital to expand its reach and enhance financial inclusion for farmers in India.

IFCI Receives Rs 500 Crore Capital Infusion from Government

April 22, 2024 21:32

IFCI, a state-owned financial institution, received a capital infusion of Rs 500 crore from the government through equity share issuance. This increases the government's holding to 71.72%.

Century Real Estate Secures Rs 450 Crore Funding for Bengaluru Projects

April 22, 2024 15:16

Century Real Estate has raised Rs 450 crore from Edelweiss to develop new luxury projects in Bengaluru, including Century Trails and Century Wintersun Phase II. The funding will also be used to...

Aurionpro Acquires Arya.ai for Rs 135 Cr: AI Boost for Financial Institutions

April 19, 2024 14:38

Aurionpro Solutions has acquired Arya.ai for Rs 135 crore, gaining a 67% stake. The move aims to strengthen Aurionpro's AI capabilities for financial institutions.

Ambuja Cements Shares Settle Lower Despite Adani Investment

April 18, 2024 18:12

Ambuja Cements shares gave up early gains and closed lower despite the Adani family's Rs 8,339 crore investment to boost manufacturing capacity. The stock closed at Rs 616.30 on the BSE and Rs...

Ambuja Cements Shares Surge 4% on Adani Investment

April 18, 2024 11:12

Ambuja Cements shares hit a 52-week high after Gautam Adani's family invested Rs 8,339 crore, increasing their stake to 70.3%. The investment will boost the cement maker's manufacturing capacity.

Vodafone Idea FPO Aims to Arrest Subscriber Loss

April 17, 2024 19:47

Vodafone Idea CEO confident FPO will help arrest subscriber loss and fund network expansion, aiming to compete with rivals in 5G market.

Adani Raises Ambuja Cements Stake to 70.3% with Rs 8,339 Cr Infusion

April 17, 2024 17:44

Gautam Adani's family has infused Rs 8,339 crore in Ambuja Cements, raising its stake to 70.3%. This investment aims to boost the cement maker's manufacturing capacity and accelerate its growth...

Vodafone Idea Raises Rs 5,400 Cr from Anchor Investors

April 17, 2024 08:26

Vodafone Idea (VIL) has raised Rs 5,400 crore from anchor investors ahead of its Rs 18,000 crore FPO. The anchor book was oversubscribed with interest from global and domestic investors.

PHF Leasing Raises USD 10 Million for Expansion

April 16, 2024 15:55

PHF Leasing Ltd, an NBFC, has raised USD 10 million through equity and debt to expand into new geographies. The company offers mortgage loans and EV financing.

Piramal Group Invests Rs 110 cr in Biodeal Pharma

April 8, 2024 12:21

Piramal Group invests Rs 110 crore in Biodeal Pharmaceuticals, a leading manufacturer of nasal sprays, for infrastructure and capacity expansion.

SingleInterface Raises $30 Million in Funding Led by Asia Partners

April 4, 2024 15:09

SaaS firm SingleInterface secures $30 million in funding led by Asia Partners, marking its first external fundraising round. The funding will be used to expand its global reach and product portfolio.

Rocksport Raises USD 3 mn from Brand Capital, Valued at USD 30 mn

April 3, 2024 15:50

Rocksport, an in-school adventure program provider, secures USD 3 mn funding from Brand Capital, elevating its valuation to USD 30 mn. The investment will focus on brand building and marketing.

CCI Approves Axis Bank''s Max Life Insurance Acquisition

April 2, 2024 20:55

CCI has cleared Axis Bank''s proposed acquisition of a stake in Max Life Insurance, paving the way for the deal to proceed.

Adani Group Stocks Rise for 2nd Day: Adani Power Jumps 5%

April 2, 2024 17:56

Adani group stocks continued their rally on Tuesday, with Adani Power leading the gains with a 5% jump. The group has been expanding its business, despite the recent Hindenburg report.

Matrix Gas Raises Rs 350 Cr in Pre-IPO Round

March 5, 2024 16:19

Matrix Gas & Renewables secures Rs 350 crore in pre-IPO funding to accelerate gas business expansion, acquisitions, and capital expenditure plans. The round saw participation from key investors...

Ananya Birla's Svatantra Gets Rs 1,930 Cr Investment

March 4, 2024 20:05

Ananya Birla's microfinance company Svatantra receives Rs 1,930 crore investment from Advent and Multiples, marking the largest investment in any microfinance institution. The investment aims to...

Jammu & Kashmir Launches Startup Policy: 2,000 Startups by 2027

March 3, 2024 17:54

Jammu & Kashmir launches a new startup policy aiming to establish 2,000 startups by 2027, providing financial assistance, mentorship, and incubation support.

Hindustan Coca-Cola Invests Rs 350 Cr in MP | New Manufacturing Lines

March 2, 2024 16:45

Hindustan Coca-Cola Beverages (HCCB) to invest Rs 350 crore in Madhya Pradesh for setting up two new manufacturing lines at its Rajgarh plant, boosting its presence in the state.

FDI Inflows Decline 13% in India (Apr-Dec 2023)

February 29, 2024 10:34

India's FDI inflows fell 13% to USD 32.03 billion in April-December 2023, driven by lower investment in sectors like software, telecom, auto, and pharma. However, inflows rose in construction and...

FPIs Pump Rs 18,500 Cr into India's Debt Market in Feb

February 25, 2024 10:43

Foreign Portfolio Investors (FPIs) poured over Rs 18,500 crore into India's debt market in February, driven by the upcoming inclusion of Indian government bonds in the JP Morgan Index.

Zurich to Acquire 70% Stake in Kotak Mahindra General

February 23, 2024 22:28

Zurich Insurance will acquire 70% stake in Kotak Mahindra General Insurance for Rs 5,560 crore, increasing its initial stake from 51%.

Yulu Bikes Raises USD 19.25 Million for Expansion

February 23, 2024 09:43

Yulu Bikes, an electric bike-sharing platform, has secured USD 19.25 million in equity funding from Magna and Bajaj Auto. The investment will fuel Yulu's growth and expand its reach in India.

India's Economy to Grow 6-8% for Next 10 Years: Vaishnaw

February 22, 2024 19:21

Union Minister Ashwini Vaishnaw predicts India's economy will grow consistently at 6-8% over the next decade, driven by infrastructure development, innovation, and public-private partnerships.

India's Economy to Grow 6-8% for Next 10 Years: Vaishnaw

February 22, 2024 13:38

Union Minister Ashwini Vaishnaw predicts consistent growth for India, inviting global players to tap into the domestic and global markets. He highlights government initiatives and future focus on...

SpiceJet Raises Rs 316 Crore, Total Funds Reach Rs 1,060 Crore

February 22, 2024 11:53

SpiceJet secures an additional Rs 316 crore, bringing total funds raised to Rs 1,060 crore through a preferential share issue, providing much-needed relief to the struggling airline.

Liquidity Deficit Tightens Financial Conditions: CRISIL

February 21, 2024 17:14

CRISIL research shows liquidity deficit tightening financial conditions, putting upward pressure on short-term rates. FPI selling further aggravates the situation.

Pure EV Secures USD 8 Million Funding for Expansion

February 19, 2024 12:53

Electric two-wheeler maker Pure EV raises USD 8 million from investors including Bennett Coleman and Company Ltd. The funding will fuel expansion plans, including a wider dealer network.

FCI Authorised Capital Increased to Rs 21,000 Cr

February 17, 2024 14:35

The Indian government has raised the authorised capital of Food Corporation of India (FCI) to Rs 21,000 crore to enhance its operational capabilities and ensure food security.

India Credit Growth to Moderate to 14% in FY25: S&P Global

February 15, 2024 18:29

S&P Global forecasts India's credit growth to moderate to 14% in FY25 due to deposit growth lagging behind loans, potentially squeezing bank margins.

Capacit'e Infraprojects Q3 Profit Rises 6% to Rs 30 cr

February 14, 2024 19:52

Capacit'e Infraprojects reported a 6% increase in its consolidated net profit to Rs 30 crore in Q3 FY24, driven by higher income and revenue. The company's order book stood at Rs 9,670 crore as of...

Rupee Falls 8 Paise Against US Dollar - Business News

February 13, 2024 20:51

The Indian rupee depreciated 8 paise against the US dollar on Tuesday, influenced by a strong greenback, rising crude oil prices, and geopolitical tensions. However, domestic equities and foreign...

SpiceJet to Lay Off 1,000 Employees Amidst Cost-Cutting

February 12, 2024 13:42

SpiceJet plans to lay off 1,000 employees as part of a cost-cutting strategy to streamline operations and achieve profitable growth. The airline is facing financial challenges and has been...

Large-Cap Mutual Funds See Rs 1,287 Crore Inflow in Jan

February 11, 2024 12:49

Investors flocked to large-cap mutual funds in January, driven by profit booking from small and mid-cap gains. The inflow was the highest in 19 months, totaling Rs 1,287 crore, reversing a December...

FPIs Pump Over Rs 15,000 Cr in Indian Debt Market in Feb

February 11, 2024 10:53

Foreign Portfolio Investors (FPIs) poured over Rs 15,000 crore into India's debt markets in February, driven by the inclusion of Indian government bonds in the JP Morgan Index and a stable economy....

Equity MF Inflow Hits 2-Year High in Jan: SIPs Surge

February 8, 2024 16:26

Equity mutual funds saw record inflows in January, driven by small-cap and thematic funds. SIPs reached an all-time high, surpassing December's record. Debt funds also saw a turnaround with strong...

Equity Mutual Funds See Highest Inflow in 2 Years (Rs 21,780 Cr)

February 8, 2024 13:35

Equity mutual funds in India witnessed a net inflow of Rs 21,780 crore in January, the highest in almost two years, driven by investor preference for small-cap funds. Read more.

Gensol Engineering Raises Rs 900 Cr via Warrants

February 7, 2024 13:54

Gensol Engineering has raised Rs 900 crore through the issue of convertible warrants, with participation from international and domestic investors. The funds will be used for working capital,...

Tata Steel Drops TRF Ltd Merger After Turnaround

February 7, 2024 11:47

Tata Steel has decided to abandon the merger of TRF Ltd due to a turnaround in the associate company's business performance. The company has successfully merged five other businesses, driving value...

Max Life Gets Irdai Nod for Rs 1,612 Cr Infusion

February 6, 2024 22:39

Max Life Insurance receives Irdai approval for a Rs 1,612 crore capital infusion from Axis Bank, boosting its growth ambitions and solvency margins. The infusion is subject to CCI approval.

Ashok Leyland Aims for 35% MHCV Market Share: Hinduja

February 6, 2024 19:27

Ashok Leyland, the Hinduja Group flagship, aims to reach a 35% market share in the MHCV segment, driven by strong sales and growth in LCV and bus segments. The company also announced plans for new...

Yamaha Invests USD 40 Million in e-Scooter Startup River

February 6, 2024 10:36

Yamaha Motor Co leads USD 40 million Series B funding for Indian e-scooter startup River, aiming to scale distribution and invest in R&D for future products.

ONGC, IOC Invest Rs 1.2 Lakh Cr in FY25: Oil & Gas Focus

February 4, 2024 10:30

ONGC, IOC, and other oil PSUs will invest Rs 1.2 lakh crore in FY25, with a focus on oil & gas exploration, refineries, and petrochemicals. Learn more about their investment plans.

IGL Genesis JV Acquires Smart Meter Tech for Rs 20 Crore

February 3, 2024 12:10

IGL Genesis Technologies, a joint venture of IGL and Genesis, has acquired smart meter manufacturing technology from Hangzhou Beta Meter for USD 2.4 million (about Rs 20 crore).

FM defers oil firm equity support to next fiscal

February 1, 2024 21:08

India's Finance Minister has deferred a Rs 15,000 crore equity infusion in state-owned oil firms to next fiscal year, citing reassessed capex needs and a focus on fiscal deficit management.

Interim Budget Boosts Agri, Dairy: Industry Leaders React

February 1, 2024 18:22

India's Interim Budget 2024-25 focuses on strengthening agriculture and dairy sectors, with emphasis on research, technology, and warehousing. Industry leaders applaud the government's commitment...

Dr Reddy's Lab Q3 Profit Rises 11% to Rs 1,379 Cr

January 30, 2024 17:17

Dr Reddy's Laboratories reported an 11% rise in consolidated net profit for the third quarter ended December 2023, driven by strong performance in North America and Europe.

Mutual Funds Raise Rs 63,854 cr via NFOs in 2023

January 29, 2024 14:56

Mutual funds saw a surge in new fund offerings (NFOs) in 2023, collecting Rs 63,854 crore, driven by strong market performance and investor sentiment. Read more.

SpiceJet Secures Rs 900 Cr Funding: Fleet Upgrade, Cost Cuts on Agenda

January 29, 2024 12:05

SpiceJet receives over Rs 900 crore in funding, focusing on fleet upgradation and cost-cutting measures to navigate turbulent times. The airline also plans to bid for bankrupt Go First.

HP Approves Rs 1,937 Cr Industrial Projects

January 27, 2024 16:33

Himachal Pradesh's Single Window Clearance & Monitoring Authority approves 27 industrial projects worth Rs 1,937 crore, creating 2,715 jobs.

SpiceJet Receives Rs 744 Crore in Fund Raising Plan

January 26, 2024 22:31

SpiceJet has received the first tranche of Rs 744 crore in its fund raising plan, allotted through issuance of securities on a preferential basis.

Govt Halves Oil Firm Budget Support, Defers Strategic Reserves

January 26, 2024 13:43

India's government has halved its equity infusion for oil companies' energy transition projects and deferred plans to fill strategic oil reserves due to changing market conditions.

Indian Bank Subsidiary to Begin Operations in Next Fiscal Year

January 25, 2024 16:15

Indian Bank is establishing a wholly-owned subsidiary with a focus on back-office processing, collection, sales, and marketing. The subsidiary is expected to begin operations in the next fiscal...

S K Finance Raises Rs 1,328 cr Ahead of IPO

January 24, 2024 22:06

S K Finance, a vehicle and business loan provider, has raised Rs 1,328 crore from investors, including Motilal Oswal Private Equity, Norwest Venture Partners, and TPG Growth, ahead of its planned IPO.

FinAGG Technologies Raises $11 Million for MSME Financing

January 18, 2024 20:35

FinAGG Technologies, a leading MSME financing platform, secures USD 11 million in funding led by BlueOrchard and Tata Capital. The investment will fuel product innovation and expand the company's...

Groyyo Secures Rs 40 Cr Funding for Global Expansion

January 18, 2024 17:57

Manufacturing startup Groyyo raises Rs 40 crore from Lighthouse Canton and Trifecta Capital to expand operations in UAE and revolutionize the manufacturing sector.

SpiceJet Secures Rs 2,242 Cr Capital Infusion: BSE Approval

January 15, 2024 20:38

SpiceJet receives in-principle approval from BSE for a Rs 2,242 crore capital infusion, aiming to fuel growth, expand network, and bring back grounded planes.

TCPL Expands into Pharma, Oriental Cuisine with Acquisitions

January 14, 2024 15:36

Tata Consumer Products Ltd (TCPL) plans to tap pharma channels with Organic India acquisition and expand Capital Foods into oriental cuisine. CEO outlines growth plans.

Tata Consumer Acquires Capital Foods, Organic India for Rs 7,000 Cr

January 12, 2024 23:12

Tata Consumer Products (TCPL) acquires Capital Foods (Ching's Secret) and Organic India for Rs 7,000 crore, boosting its presence in the FMCG sector.

Tata Consumer Products Acquires Capital Foods, Organic India

January 12, 2024 22:11

Tata Consumer Products (TCPL) announced the acquisition of Capital Foods, owner of Ching's Secret and Smith & Jones, and Organic India, for a combined enterprise value of Rs 7,000 crore. This move...

Vibrant Gujarat Summit 2024: Rs 26.33 Lakh Crore Investments Inked

January 12, 2024 21:36

The 10th edition of the Vibrant Gujarat Global Summit concluded with MoUs for 41,299 projects worth Rs 26.33 lakh crore, making it a massive success.

India-Japan Fund Invests Rs 400 Cr in Mahindra Last Mile Mobility

January 11, 2024 15:04

India-Japan Fund will invest Rs 400 crore in Mahindra & Mahindra's unit Mahindra Last Mile Mobility Ltd, acquiring a stake ranging between 6.06% and 8.25%.

SpiceJet to Launch Flights to Lakshadweep & Ayodhya

January 10, 2024 20:58

SpiceJet CEO Ajay Singh announces upcoming flights to Lakshadweep and Ayodhya, fueled by a recent Rs 2,250 crore fund infusion. The airline aims to become stronger and expand its operations.

SMFG India Credit Raises Rs 600 Cr via Perpetual Debt

January 10, 2024 17:37

SMFG India Credit, formerly Fullerton India Credit, has raised Rs 600 crore through its maiden rupee-denominated perpetual debt issuance. The funds will be infused into the group entity and...

Serentica Renewables Secures Rs 3,500 cr Loan for 530 MW Project

January 8, 2024 11:55

Serentica Renewables has secured a Rs 3,500 crore loan from six banks to fund a 530 MW round-the-clock renewable energy project in India. The project will provide clean energy to Hindustan Zinc,...

FPIs Pump Rs 1.7 Lakh Crore into Indian Equities in 2023

December 31, 2023 12:22

Foreign portfolio investors (FPIs) injected Rs 1.7 lakh crore into Indian equities in 2023, driven by confidence in the country's economic fundamentals.

Company Name
Price
Volume

Vodafone Idea L
9.12 (+ 2.13)
64303795

G G Engineering
1.51 ( -5.63)
28492226

Guj. Toolroom Lt
15.37 (+ 4.99)
19678431

Srestha Finvest
0.69 ( -1.43)
14826074

AvanceTechnologies
0.80 ( -2.44)
14124154

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