Debt-laden telecom Vodafone Concept Monday reported a discount of 18 per cent 12 months on 12 months in consolidated web loss to ₹6,432 crore within the first quarter of the monetary 12 months 2024-2025. The telco has reported a web lack of ₹7,840 within the first quarter of the 2023-2024 fiscal. Income from operations was … Read more
Shareholders of Zee Leisure Enterprises (ZEE) have handed the decision for issuance of securities for an quantity not exceeding ₹2,000 crore with requisite majority. Shareholder approval for the proposal comes almost a month after the Zee board gave its in-principle approval to lift as much as ₹2,000 crore via the issuance of shares or some … Read more
Funds raised by way of Exterior business borrowings (ECBs) by India Inc within the first two months of FY25 declined about 35 per cent to $8.296 billion in opposition to $12.847 billion within the year-ago interval. This slowdown was probably because of Indian corporations holding again on fundraising plans until readability emerged on the final … Read more
Ethereal Machines, a Deep-Tech manufacturing start-up, raised $13 million in a Collection A funding spherical led by Peak XV Companions and Steadview Capital. Present buyers Blume Ventures, Enam Investments, and Sandeep Singhal additionally participated on this spherical. Additionally learn: RENÉE Cosmetics raises ₹100 crore in Collection B funding The funds from this spherical will likely … Read more
The State Financial institution of India (SBI) and Union Financial institution of India (UBI) have introduced enormous fund-raising plans within the backdrop of lagging deposit development and credit score development. SBI, India’s largest financial institution, is planning to boost as much as $3 billion by means of a public supply and/or non-public placement of senior … Read more
On the again of the ₹18,000 crore fundraise by means of a observe on supply, Vodafone Thought will stage a wise turnaround, based on Kumar Mangalam Birla, Chairman, Aditya Birla Group. Talking on the FPO itemizing ceremony, Birla stated, “This second in some methods, marks the start of Vodafone Thought 2.0. I consider {that a} … Read more