The board authorised raising up to ₹3,500 crore through a QIP by issuing equity shares. Additionally, the board has approved seeking shareholder approval for the issuance of debt securities worth up to ₹3,000 crore on a private placement basis. Shares…
Power Finance Corporation, JBIC sign loan agreement worth 60 billion Japanese Yen (around ₹3,500 crore) for clean energy in India, including Assam Bio Ethanol’s bamboo-based plant.
Saroglitazar was generally well tolerated, with adverse events balanced between the saroglitazar-treated and placebo-treated groups. Based on these results, Zydus Therapeutics intends to submit a US regulatory application for saroglitazar in the first quarter of 2026. Shares of Zydus Lifesciences…
The Group of Ministers (GoM) on GST rate rationalisation is expected to recommend a significant overhaul of the current GST structure, including proposals to eliminate the 12% and 28% tax slabs, according to sources. The move aims to simplify the…
ICICI Bank, Infosys, Muthoot Finance, Hexaware and Lemon Tree Hotels are in focus today on the back of key corporate updates ranging from leadership changes and partnerships to equity infusion and new property launches. Sectorally, fertiliser, textile, apparel, renewable and…
The company, which is backed by marquee investors like Peak XV, Tiger Capital, and Microsoft CEO Satya Nadella, plans to use proceeds of the IPO for investment in technology development and business expansion.
The transfer will be executed through an Amended Business Transfer Agreement (BTA), to be signed on or before September 30, 2025, with completion expected within 365 days from signing, subject to statutory approvals. Shares of NTPC Ltd ended at ₹330.95,…
The rupee touched a record low of 88.3075 per dollar earlier in the session, before suspected intervention by the Reserve Bank of India helped limit further losses. Here are four reasons why the currency fell to an all-time low today.
The hotel will feature 98 well-appointed rooms, along with a restaurant, lounge, conference room, swimming pool, fitness center, and other recreational facilities. Shares of Lemon Tree Hotels Ltd ended at ₹167.85, up by ₹2.70, or 1.63%, on the BSE.
At Reliance Industries’ 48th AGM, Nita Ambani announced the development of Mumbai’s 130-acre Coastal Road Gardens, calling it a “living, breathing gift” to the city. She also highlighted Reliance Foundation’s outreach to 87 million people across India, spanning education, healthcare,…