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: SRM Contractors has secured multiple infrastructure contracts from government agencies across railway, road and urban development projects, strengthening its order pipeline with work spread across different states and execution timelines. The shares of this...
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: Indo Tech Transformers, Bliss GVS Pharma, Ramco Systems, and Shankara Building Products witnessed promoter and institutional buying worth around Rs. 133 crore through bulk and block deals. Promoters and foreign institutional investors (FIIs) remained active...
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...
Synopsis: Ceigall India Limited has taken a major step beyond its core road construction business after its wholly owned subsidiary, Ceigall Morena Solar BESS Park Limited, signed a Power Purchase Agreement (PPA) for a 220 MW Solar + Battery Energy Storage System...