Air India CEO-designate Tewolde Gebremariam visits Delhi, Mumbai; meets senior airline executivesTewolde Gebremariam met senior Air India executives during his first visit to India. He will assume the CEO and MD roles next month from Ca...
Top FPIs ride out storm, outrun Nifty & Sensex in Q1During the June quarter, leading international funds encountered remarkable gains within Indian equities, significantly boosting their repo...
Milky Mist Dairy Food mops up ₹465 crore from anchor investors ahead of IPOMilky Mist Dairy Food raised ₹465.29 crore from anchor investors ahead of its IPO opening on August 11. The ₹1,553 crore issue offers share...
IFC invests Rs 225 cr in NDR Smart Spaces to develop 20 million sq ft logistics platformThe International Finance Corporation has invested Rs 225 crore in NDR Smart Spaces. This investment will support the development of 20 mil...
World Bank's IFC, HDFC AMC invest in Molbio Diagnostics' Rs 281 crore IPO anchor roundMolbio Diagnostics raised Rs 281 crore from anchor investors, including World Bank Group's IFC and HDFC Mutual Fund, ahead of its Rs 940 cr...
Impact Fund Denmark set to buy up to 20% stake in Greencell Mobility for ₹500 croreIn an exciting development, Impact Fund Denmark plans to invest in Greencell Mobility, potentially acquiring a considerable share of the el...
Ethiopian national Tewolde Gebremariam to be second foreign CEO for Air IndiaAir India has announced the appointment of Tewolde Gebremariam as its new Chief Executive Officer. With a wealth of expertise from Ethiopia...
Macquarie in advanced talks to buy Fourth Partner EnergyMacquarie Asset Management is close to finalizing a major acquisition of a substantial stake in Fourth Partner Energy, a prominent renewabl...
Aditya Birla Capital Q1 Results: Profit jumps 40% YoY to Rs 1,175 croreAditya Birla Capital has announced an impressive forty percent increase in profits for the first quarter. The company’s consolidated total ...
Mahindra Last Mile turns unicorn with ₹322 cr raiseMahindra Last Mile Mobility has achieved unicorn status after a recent funding round. The company secured approximately ₹322 crore, valuing...
Mahindra Last Mile raises ₹322 crore at unicorn valuationMahindra Last Mile Mobility has achieved unicorn status after a substantial funding round. This investment solidifies their leadership in I...
India asks shipowners to avoid deploying seafarers through Strait of Hormuz after attacksIndia's maritime authority has advised against deploying seafarers in the Strait of Hormuz. This directive follows recent attacks on mercha...
Actis, IndiGrid, Inox among companies in talks for Brookfield's renewable energy assetSeveral companies are discussing acquiring Brookfield's 550 MW renewable energy portfolio. This Bikaner-based clean power asset is valued a...
Top fashion brands have a supply chain battle against extreme India heatAs Indian garment factories contend with soaring temperatures, worker efficiency and health have been jeopardised. Epic Group's facility in...
India weighs hybrid annuity model for East-West freight corridorThe East-West Dedicated Freight Corridor may use a Hybrid Annuity Model for development. This financing framework was discussed at a confer...
Pi Ventures explores Fund I portfolio exits amid investor scrutiny over returnsWhile Manish Singhal remains a designated “key person” in the fund, Pi Ventures has witnessed several senior-level exits over the past five...
RBI to raise large exposure limit for upper layer NBFC-IFCs to 45% from 35% of eligible capital baseThe Reserve Bank of India has boosted lending limits for top infrastructure finance firms, allowing them to extend up to 45% of their capit...