Synopsis: PC Jeweller Limited’s board has approved raising up to Rs. 1,000 crore through a Qualified Institutions Placement (QIP) and increasing the company’s authorised share capital by Rs. 150 crore. The proposed fundraise is expected to strengthen the...
Synopsis: Vedanta Chairman Anil Agarwal outlined an ambitious growth strategy for the group’s demerged businesses, targeting significant capacity expansion across aluminium, zinc, copper, oil & gas, steel and power. The company also plans to invest $5...
Synopsis: NTPC Green Energy Limited’s joint venture subsidiary, Ayana Renewable Power Private Limited, has emerged as the successful bidder for a 50 MW wind power project in a Solar Energy Corporation of India (SECI) tender. The project was secured at a tariff...
Synopsis: TVS Holdings Limited, through its subsidiary Home Credit India Finance Private Limited, has signed an agreement to acquire 100 percent of Varthana Finance Private Limited for Rs. 967 crore in an all-cash transaction. The acquisition will strengthen the...
Synopsis: Jana Small Finance Bank Limited reported a strong performance in Q1 FY27, with net profit rising 52.3 percent year-on-year to Rs. 155.23 crore, driven by healthy growth in interest income, improved asset quality and a stronger capital position. The bank also...
Synopsis: E To E Transportation Infrastructure Limited has received a Letter of Acceptance worth Rs. 31.33 crore from Southern Railway for signalling and telecommunication works related to the doubling of the Thiruvananthapuram Central–Kanniyakumari railway line. The...
Synopsis: Lokesh Machines Limited has secured a supply order worth Rs. 58.21 crore from the Integrated Headquarters of the Ministry of Defence (Army) for the supply of MOD kits for 7.62 mm Medium Machine Guns. The order strengthens the company’s presence in the...
Synopsis: Arisinfra Solutions Limited has secured a work order worth Rs. 79.05 crore from J. Kumar-NCC (GMLR) JV for the loading, transportation and disposal of excavated material generated from the Goregaon-Mulund Link Road tunnel project. The order strengthens the...
Synopsis: Cosmic CRF Limited has secured multiple purchase orders worth approximately Rs. 8.63 crore from an infrastructure industry customer and two divisions of Indian Railways. The orders include the supply of 1,000 MT of Z Sheet Piles and railway wagon components,...
Synopsis: Achyut Healthcare Limited’s board has approved a scheme of amalgamation with Zenith Healthcare Limited, under which Achyut will merge into Zenith and subsequently be dissolved without winding up. Achyut shareholders will receive 119 equity shares of...