SBI to raise Rs 60,000 cr in FY27 via bondsState Bank of India's board has approved raising up to Rs 60,000 crore in the current fiscal year through debt instruments. These funds wil...
Indian state fuel retailers hitting borrowing limits, says officialIndian state fuel companies are facing financial strain. They are borrowing more money as they sell petrol, diesel, and LPG at prices lower...
Global Market: China Resources New Energy's Shenzhen IPO set to rewrite listing recordsChina Resources New Energy has priced its Shenzhen IPO at 10.11 yuan per share and could raise up to 24.5 billion yuan, making it the large...
Tata Motors raises commercial vehicle prices after hiking passenger vehicle ratesTata Motors is raising prices for its commercial vehicles. The increase will be up to 2.5 percent starting July 1. This move follows a simi...
HDFC raises $750-m ECB, first under RBI's special swap planHDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...
RBI removes cap on NRI deposit rates until SeptemberThe Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...
RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...
ETtech interview: AI is a capital game; our fundraise is large for India but quite small in the global context: Sarvam cofoundersIn an interview with ET, Sarvam cofounder Pratyush Kumar said Sarvam — which counts HCLTech, Bessemer Venture Partners, Peak XV, Khosla Ven...
CCI approves Kedaara Capital's Rs 750 crore stake purchase proposal in Axis FinanceIndia's competition watchdog has given the green light for Kedaara Capital to invest Rs 750 crore in Axis Finance. This marks a significant...
Cleantech startup SolarSquare raises $53 million in funding round led by B CapitalThe startup plans to deploy the fresh capital towards expansion into new cities, double down on technology capabilities, and expand its tea...
Stocks in news: HCL Tech, Bharti Airtel, SBI, Adani Enterprises, GMR AirportsIndian equities opened the week strong, with the Sensex and Nifty gaining nearly 1% each on positive global sentiment. Key stocks in focus ...
Waaree Energies gets shareholders' nod to raise up to Rs 10,000 cr via QIPWaaree Energies shareholders have approved a significant capital raise. The company can now raise up to Rs 10,000 crore through a Qualified...
FIIs raise stakes in 9 stocks for 3 straight quarters; shares rally up to 115%, 3 turn multibaggersOf these, 20 have delivered over 25% returns in the past year. We highlight nine stocks that have gained 50%-115%, including three multibag...
Explained: SpaceX's IPO includes a 'greenshoe' option. Here's what that meansSpaceX's record $75 billion IPO includes a greenshoe option, allowing for the sale of an additional 15% of shares. This standard feature, d...
Ather Energy board approves Rs 2,500-crore fundraising planAther Energy's board has greenlit a substantial fundraising plan, aiming to secure up to Rs 2,500 crore. This significant capital infusion ...
ETtech Deals Digest: Startups raise $225 million in second week of June, up 22% on-yearStartups secured $225 million in funding across 19 rounds during the second week of June, a 22% year-on-year increase. Hygenco Green Energi...
HDFC Bank raises MCLR by up to 10 bps across select tenorsFollowing the revision, the bank's MCLR, which is the lender's internal benchmark for pricing loans, stands in the range of 8.05% to 8.65%,...