Overview Adani Enterprises Ltd has announced plans to raise ₹25,000 crore through a rights issue, aimed at strengthening its capital base and supporting ongoing and future business initiatives. The company’s Board of Directors has approved the formation of a Rights Issue Committee to determine the issue price, entitlement…
Overview Indian Metals and Ferro Alloys (IMFA) announced that its Board of Directors has approved the acquisition of Tata Steel’s ferro alloys plant located in Kalinganagar, Odisha, for ₹610 crore, plus applicable GST and net working capital adjustments. The acquisition aligns with IMFA’s long-term strategy to expand its…
Overview Info Edge (India) Limited has announced that its Board of Directors has approved an investment of ₹100 crore in its wholly owned subsidiary, Redstart Labs (India) Limited. The approval was granted during the board meeting held on November 3, 2025, as per disclosures made to the National…
Overview Adani Enterprises Limited (AEL) has announced that its Board of Directors will meet on November 4, 2025, to evaluate proposals for raising funds through various instruments, including a possible rights issue. The proposed fundraising is aimed at supporting the company’s strategic growth and strengthening its financial position.…
Overview The Government of Karnataka has unveiled a ₹600 crore initiative aimed at accelerating the growth of startups in artificial intelligence (AI), robotics, quantum computing, and sustainability. The move reinforces the state’s ambition to position itself as India’s DeepTech Capital, driving innovation and entrepreneurship across multiple cities and…
Overview Power Grid Corporation of India Limited reported a weaker-than-expected performance for the quarter ended September 30, 2025. The state-run transmission major recorded a decline in profit and operating margins, while its board approved a significant credit facility and an interim dividend. Q2 FY26 Results Overview Metric Q2…
Overview Snowman Logistics Limited, a leading integrated cold chain logistics provider, reported a net loss of ₹29 million for the second quarter of FY2025-26, despite achieving 11.4% year-on-year (YoY) revenue growth to ₹1,560 million. The company’s profitability was impacted by higher operational costs, resulting in a 9.1% decline…
Overview BMW Ventures Limited has announced that it has secured a ₹9.94 crore order from Indian Railways for the fabrication and supply of Bowstring girders. The project will be executed at an RDSO-approved facility and is scheduled for completion within 90 days from the date of the purchase…
Overview Zydus Lifesciences Limited has scheduled a board meeting on November 6, 2025, to consider a proposal for raising up to ₹5,000 crore. According to the company’s exchange filing, the funds may be mobilized through one or more routes, including a qualified institutional placement (QIP), rights issue, preferential…
Overview Thomas Cook India and its subsidiary SOTC Travel have announced the relaunch and expansion of their China holiday packages, following a surge in travel demand from Indian tourists. The move comes after the resumption of direct flights between India and China and a simplified visa process for…
