Cashfree Payments is gearing up to raise more than $100 million in FY27 as the fintech company accelerates its expansion strategy across international markets and strengthens its focus on artificial intelligence-driven payment solutions. The proposed fundraising marks a key step in the company’s growth roadmap as it prepares…
The Tamil Nadu government has announced a major crop loan waiver scheme aimed at providing financial relief to farmers who have borrowed through cooperative banks. The initiative is expected to benefit more than 14 lakh farmers across the state and involves an estimated outlay of ₹2,044.46 crore. The…
Marksans Pharma announced its audited consolidated financial results for the quarter and financial year ended March 31, 2026, reporting strong growth in revenue and profitability. The company delivered a sharp rise in quarterly earnings, supported by higher income and improved operational performance across its business segments. Strong Quarterly…
The Indian government has imposed an immediate restriction preventing consumers who already use piped natural gas (PNG) from purchasing LPG cylinders. The move comes amid tightening LPG supplies linked to geopolitical disruptions in the Middle East. Why Has the Government Taken This Step? India imports nearly 60% of…
The Central government is preparing a fresh round of stake sale transactions in several public sector companies as part of its FY27 disinvestment and asset monetisation programme. According to reports, the government is evaluating Offer for Sale (OFS) transactions in: Coal India Limited Life Insurance Corporation of India…
Premier Energies Limited shares remained in focus after a large block deal involving global and domestic institutional investors worth approximately ₹2,291 crore. The transaction involved the sale of: 2.39 crore shares Equivalent to around 5.3% equity stake by the company’s promoters. Major Investors in the Block Deal The…
India has strengthened fertiliser inventories ahead of the Kharif sowing season as the government moves to secure agricultural supplies amid global uncertainty and rising international fertiliser prices. Officials said both: Domestic fertiliser production Timely imports have helped maintain comfortable stock levels before the start of peak agricultural demand.…
India’s renewable energy expansion faced a major operational hurdle during Q1 2026, as nearly 300 GWh of solar power generation could not be absorbed into the electricity grid due to transmission constraints and continued dependence on coal-fired power plants. The development highlights the growing challenge of balancing India’s…
Details of the Transaction Under the agreement: AXISCADES will transfer its Engineering Services business catering to: Heavy Engineering Energy Automotive sectors to Akkodis. Deal Value Approximate consideration: $30.63 million Includes performance-based earnouts Payment structure: Cash payments over multiple years Expected Timeline Transaction closure expected by Q3 2027 Subject…
LPG Price Update – May 26, 2026 Oil marketing companies have updated LPG cylinder prices across major Indian cities for May 26, 2026. Domestic LPG cylinder rates remained unchanged across key regions, while commercial LPG prices continued to stay elevated amid global energy market fluctuations. Commercial LPG cylinders,…
