Synopsis: Greaves Cotton Limited has incorporated a wholly owned subsidiary, Greaves International Trading FZE, in Dubai, UAE. The move strengthens the company’s international expansion strategy and reflects management’s increasing focus on export-led growth under its...
Synopsis: Reliance Power Limited has taken its first formal step into the artificial intelligence (AI) and digital infrastructure space by incorporating AI-related business objects into its subsidiaries and renaming four entities to align with its technology-focused...
Synopsis: Promoter entities of Leela Palaces Hotels & Resorts Limited have pledged 18.67 crore shares, representing 55.91% of total equity, to secure a US$500 million global term loan from a consortium of international lenders. While the move does not directly...
Synopsis: Suzlon Energy has secured a 105 MW wind energy order from Sunsure Energy for its newly launched S175 (5.0 MW) wind turbine. The order marks the commercial debut of Suzlon’s most powerful wind turbine and strengthens its long-standing partnership with...
Synopsis: Yes Bank Limited has approved a ₹16,000 crore fundraising plan to strengthen its balance sheet, boost lending growth, and support future expansion signaling the bank’s growing confidence as it moves beyond recovery and focuses on long-term growth. Yes Bank...
Synopsis: Balkrishna Industries Limited (BKT) has completed its Rs 800 crore carbon black expansion project along with its Rs 125 crore power plant expansion, taking the company’s carbon black capacity to 3,60,000 MTPA and captive power generation capacity to 64...
Synopsis: A sharp retreat in global crude prices, triggered by a fragile US-Iran truce reopening the Strait of Hormuz, has pulled the Indian rupee back from near-record lows of 97 to the dollar to around 94.61, delivering its first quarter-on-quarter gain since March...
Synopsis: Inventurus Knowledge Solutions Limited has approved an additional investment of up to USD 15 million in its US-based associate, IKS WWMG MSO LLC, increasing its stake to 63.49 percent. The investment aims to strengthen the company’s care enablement...
Synopsis: A mobile handset distributor and electronics manufacturer has approved two related-party capital commitments on the same day, a Rs. 10.8 crore rights issue subscription into its cover-glass manufacturing joint venture and an unsecured credit line of up to...
Synopsis: TANFAC Industries Limited has successfully raised Rs. 250 crore through a Qualified Institutional Placement (QIP) to fund its HFC-32 refrigerant gas project, expand fluorochemical capacities, and strengthen backward integration. The company has also secured...
