Speciality chemicals maker Vipul Organics on Monday said it has entered into the paper segment with products like colourants, dispersions and dyes. “With so much excitement in the category, it was obvious that we had to seriously look at the paper business. We were gratified by the client response and are already working with the [...]
Sunsure Energy Sunsure Energy is one of India's largest C&I-focused Renewable Energy Power Producers. Sunsure is backed by Partners Group AG with a $400 million equity investment for developing over 3 GW of RE assets by 2027. Founded in 2015, Sunsure has developed and installed solar power plants for power-intensive industrial customers across 16 Indian [...]
Online food ordering and delivery platform Zomato on Monday said it has partnered with Battery Smart to provide battery-swapping access to its delivery partners on the latter's network. Under the partnership, Zomato's delivery partners can get access to Battery Smart's existing network of over 800 swap stations across more than 30 cities, the company said [...]
Recycling company Vikas Ecotech on Monday said it has paid Rs 101 crore dues to its lenders and is aiming to become debt-free by the financial year 2023-24. "The company has till date paid a debt of Rs 1012 million (Rs 101.2 crore) to its lenders and the outstanding amount remains at Rs 600 million [...]
Engineering, procurement and construction (EPC) firm Vishnu Prakash R Punglia Ltd on Monday said it has fixed a price band of Rs 94-99 per share for its Rs 309-crore initial public offering (IPO). The maiden public issue will open on August 24 and conclude on August 28, the company said. The IPO comprises a fresh [...]
ReNew Energy Global Plc on Saturday reported a net profit of Rs 298.3 crore in the April-June quarter of 2023-24 against a loss of Rs 10.4 crore in the year-ago period. Total income was Rs 2,465.9 crore in the first quarter of FY24 against Rs 2,500.7 crore in April-June 2022, according to a company statement. [...]
Adani Electricity Mumbai is investing over Rs 2,000 crore to build two new transmissions lines in the city to strengthen its network as it moves closer to go greener by sourcing as much as 60 per cent of the energy needed for the city from renewables by 2027, a senior company official said. The two [...]
Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, were listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade. On the BSE, shares of the company began the trade at Rs 265, up 1.20 per cent against Rs 261.85, [...]
Global Fintech Festival (GFF) organisers on Friday said they are aiming to facilitate funding of over USD 10 million or Rs. 83.1 crore at the upcoming event in the financial capital. This funding target is for startups alone and excludes growth-stage companies which will initiate conversations with investors at the three-day GFF starting from September [...]
Concord is among leading manufacturers of fermentation-based biopharmaceutical active pharmaceutical ingredients (API), focused on niche segments such as immunosuppressant, oncology, antifungal and antibacterial. The company, which has 23 API products, has three manufacturing facilities at Valthera, Dholka, and Limbasi, in Gujarat. Shares of Concord Biotech ended with a premium of over 27% against the issue [...]
