Maharatna NTPC to consider raising up to ₹18,000 crore via bonds

NTPC will consider a fundraise of up to ₹18,000 crore via bonds at its board meeting on June 21. This follows a ₹4,000 crore NCD issue announced last week.

NTPC will consider a fundraise of up to ₹18,000 crore via bonds at its board meeting on June 21. This follows a ₹4,000 crore NCD issue announced last week.

The Talegaon plant has an existing annual production capacity of 1.3 lakh units. Shares of Hyundai Motor India Ltd ended at ₹1,938.10, down by ₹2.45, or 0.13%, on the BSE.

As part of this collaboration, TCS will deploy TCS BaNCSTM for Reconciliations to help the bank streamline complex transactions and automate key reconciliation processes using AI and automation. Shares of Tata Consultancy Services Ltd ended at ₹3,495.35, up by ₹48.25,…

Vishal Mega Mart, as of December 31, 2024, operates a total of 668 stores spread across cities. Shares of Vishal Mega Mart Ltd ended at ₹124.90, up by ₹1.15, or 0.93%, on the BSE.

The IPO will consist entirely a fresh issue of shares up to ₹727 crore with no offer-for-sale component. Hence, the entire issue proceeds will be received by the company.

The BSE Sensex rose 678 points, or 0.84%, to close at 81,796, while the NSE Nifty 50 gained 228 points, or 0.92%, to settle at 24,947, regaining the psychological 24,900 mark.

The company’s promoters see significant room for growth in the four-wheeler segment, especially after the acquisition of H-ONE’s India business.

The industry body has urged the government to reconsider the hike, warning that it could have a counterproductive impact on state revenues. CIABC has stated that the increased duty is likely to result in a sharp rise in retail prices,…

HDB Financial Services is reportedly targeting a post-money valuation of around $7.2 billion (approximately ₹62,000 crore) at the upper end of the price band.

The capital raise is aimed at reducing the Bengaluru-based firm’s debt and strengthen its balance-sheet