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Samvardhana Motherson raises Rs 6,438 crore via qualified institutional placement
Over 95 per cent of allocations were made to marquee long-only investors such as mutual funds, insurance and pension funds, and foreign institutional investors, according to the company.
SpiceJet approves 48.7 crore share issue for Rs 3,000 crore QIP at Rs 61.60 apiece
SpiceJet has received shareholder approval to raise up to Rs 3,000 crore through a special resolution. The airline intends to use the funds to improve its financial situation and return to full operational capacity.
Minda Corp to raise up to Rs 1,000 crore; board OKs issue of shares, convertible securities; stock up
The decision taken at the board meeting allows for multiple potential routes for fundraising, including a preferential allotment of shares, or a QIP.
SpiceJet raises Rs 3,000 cr from institutional investors
SpiceJet has raised Rs 3,000 crore through sale of shares to qualified institutional buyers, providing a much-needed tailwind for the struggling airline
autoevolution
5h
ABT's Audi RS 6 and RS 7 Are Pure Automotive Gems
ABT Sportsline now offers more interior personalization for the Audi RS 6 Avant and RS 7 Sportback Legacy Editions. Do you ...
4d
on MSN
Uno Minda lines up over Rs 610 cr investments on new plant in Indonesia, India capacity expansion
Auto components maker Uno Minda Ltd on Thursday announced investments of more than Rs 610 crore on setting up a new plant in ...
The Financial Express
14d
20 more chip project awaits govt nod; Subsidy outlay needs to be raised from Rs 76,000 crore
The erstwhile scheme for promotion of manufacturing of electronic components and semiconductors (SPECS) also had incentives ...
12d
Pritika Auto Announces Sales Target of Rs 950 Cr In Next 3 Years After Robust Start To FY25
With revenues projected to reach between Rs 900 and Rs 950 crore over the next three years and a profit after tax (PAT) ...
6d
on MSN
Porsche 911 Loses Engine After Crashing With GT3 RS On Angeles Crest Highway
Fortunately, no one involved in the crash was seriously injured but it serves as a reminder to drive with care on public roads ...
The Financial Express
13d
Jabil to set up Rs 2,000 crore plant in Tamil Nadu, boosting Apple’s supply chain
In addition to Jabil’s investment, the Tamil Nadu government also signed an MoU with Rockwell Automation to expand its ...
14d
Auto components industry must reduce dependence on imports: Minister HD Kumaraswamy
The auto components industry must reduce dependence on imports by embracing localisation, Minister of Heavy Industries H D ...
Photofocus
5d
Review: DJI Ronin RS-4 Pro Gimbal
The Ronin RS-4 Pro Gimbal Combo includes the gimbal, a Ronin RavenEye Image Transmitter, a Focus Pro Motor and a smartphone holder. The retail price is $1,099.00. The kit includes a carrying case, all ...
11d
Rs 782.2 cr given to 12.2L ineligible beneficiaries under KALIA scheme: CAG
The previous BJD government in Odisha had released Rs 782.26 crore for distribution of financial assistance to 12.72 lakh ...
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