Progcap looks to raise $45 million equity capital in FY28The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and ...
28 Jun, 2026, 04.20 PM IST
Silver Consumer Electricals concludes Rs 150 cr pre-IPO secondary share saleSilver Consumer Electricals, renowned for its pumps and motors, has successfully raised Rs 150 crore through a pre-IPO secondary share sale...
26 Jun, 2026, 09.20 PM IST
Aditya Birla lines up Rs 15,000 crore loan for Sprng Energy bidAditya Birla Group is reportedly in advanced talks to acquire Shell's Indian renewable energy arm, Sprng Energy, for a substantial sum. Sta...
26 Jun, 2026, 05.30 AM IST
Suryoday SFB board approves plans to raise up to Rs 500 crore via equity and debtSuryoday Small Finance Bank's board has greenlit plans to raise up to Rs 300 crore through share sales and Rs 200 crore via debt instrument...
25 Jun, 2026, 09.20 PM IST
Axis Bank seeks shareholder nod to raise Rs 55,000 crore in FY27Axis Bank is seeking shareholder approval to raise a substantial Rs 55,000 crore in FY27, comprising Rs 20,000 crore via equity and Rs 35,0...
25 Jun, 2026, 07.44 PM IST
Centre approves Rs 530 cr for intelligent transport system in ChennaiChennai is set to revolutionize its traffic management with a Rs 500 crore intelligent transport system. Funded by a loan from Japan, the p...
25 Jun, 2026, 01.21 PM IST
Money laundering case: Actor Jacqueline Fernandez withdraws plea from Supreme CourtBollywood actress Jacqueline Fernandez has been granted permission by the Supreme Court to withdraw her plea challenging a Delhi court's de...
25 Jun, 2026, 12.05 PM IST
Kunal Shah named WhatsApp global CEO as Meta takes $900 million stake in CredMeta enters the cap table of fintech co-valued at $4.5 billion post-money; Miten Sampat is interim CEO. The funding comprises about $400 mi...
24 Jun, 2026, 07.31 PM IST
One Atmosphere to invest Rs 500 crore for the expansion of luxury service apartments verticalONE Atmosphere is investing Rs 500 crore to expand its luxury service apartments, aiming for 7500 keys in India and abroad over five years....
24 Jun, 2026, 02.15 PM IST
City Union Bank to raise over Rs 500 crore through QIPCity Union Bank's board has greenlit a plan to raise up to ₹500 crore via a qualified institutional placement, pending shareholder nod at t...
24 Jun, 2026, 05.52 AM IST
A Rs 3.5 crore SIP corpus may still leave you middle class, warns Bengaluru CA. She explains how to wisely invest money to increase wealthA Bengaluru CA highlights a common investment pitfall: focusing solely on a large corpus without accounting for inflation's impact on futur...
23 Jun, 2026, 10.01 AM IST
Andhra allocates Rs 800 cr for development of 692 neglected ancient templesAndhra Pradesh's Endowments Minister announced a significant Rs 800 crore allocation for the development of 692 neglected ancient temples u...
22 Jun, 2026, 04.09 PM IST
Maharashtra govt tables Rs 97,706 cr supplementary demands; Rs 20,552 cr for farm loan waiverMaharashtra government tabled supplementary demands of over Rs 97,700 crore, with a significant Rs 20,552 crore earmarked for the farm loan...
22 Jun, 2026, 01.59 PM IST
NHB probing Aavas Financiers over loan classification lapsesThe sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership o...
22 Jun, 2026, 12.55 AM IST
How Mukesh Ambani plans to spend Jio's mega Rs 27,500 crore IPO proceedsReliance Jio’s upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengt...
19 Jun, 2026, 05.02 PM IST
Indian man opens bank account in UAE on an app, two months later, wins Rs 5 crore rewardUAE Lottery: An Indian-origin man, Shajeer Venga, has won 2 million AED in Sharjah Islamic Bank's 'Millionaire' campaign after opening a sa...
19 Jun, 2026, 12.24 PM IST
CM Satheesan says budget will reflect new govt's vision despite resource crunchKerala's new government faces a tough financial situation. Chief Minister V D Satheesan revealed the upcoming budget will be prepared with ...
17 Jun, 2026, 03.14 PM IST