Jain Irrigation announced that its subsidiary Sustainable Agro-commercial Finance Ltd (SAFL) - a non-banking finance corporation - has raised funds worth Rs 112 crore in a mix of equity shares and long term debt.
FlashNews:
India’s Private Spacetech Ambitions Reach Orbit After Skyroot’s Successful Launch
Strait of Hormuz Conflict Stalls Persian Gulf LNG Exports, S&P Global Says
India’s Rail Modernisation Shields Network from Fuel Shock, Modi Says
GAIL Signs MoU with KABIL to Boost Critical Minerals Collaboration
India’s First Private Orbital Rocket Vikram‑1 Set for July 18 Test Flight
NHAI Engages Consultants to Strengthen InvIT‑Led Highway O&M
Porbandar Shipbuilding Cluster, Vadinar Repair Facility Get Government Nod
AM/NS India and SVNIT Launch Programme to Build Industry‑Ready Talent in Surat
Naidu Fast‑Tracks Dholera International Airport Operationalisation
KEC International Secures First Data Centre Line Order in ₹1.18 Billion Wins
Railway Minister Vaishnaw Unveils Eight New Freight Reforms
REC, CPRI Partner to Boost Quality Assurance under RDSS
HPCL Strengthens Ethanol Quality Checks with 3,651 Surprise Inspections
India’s Drone Challenge 2.0 Empowers Students to Build Smarter Drones on Indigenous Chips
GIFT City Units Freed from Coastal Shipping Licence, Boosting India’s Maritime Finance Hub
REC Commits ₹150 Billion to Power and Renewable Push in Tripura
As India’s GCCs Shift from Cost to Capability Leadership, Sitharaman Charts Next Decade of Growth
DFCCIL Advances East-West Freight Corridor with Stakeholder Push on Financing and Construction
GMR Charts Multi‑Phase Roadmap to Transform Nagpur Airport into India’s Heartland Hub
Petron wins `100 cr project at Reliance Jamnagar
Petron Engineering Construction has bagged a Rs 100 crore contract for mechanical works at Reliance Industries Jamnagar project.
DPDHL to invest €100 M
Deutsche Post DHL (DPDHL) is set to invest €100 million (about Rs 797 crore) over the next two years in India
Great Eastern Shipping orders for 3 new carriers
In a press release, the Great Eastern Shipping Company has informed the BSE that the Company has placed an order for building three new Kamsarmax dry bulk carriers with Jiangsu Yangzijiang Shipbuilding Group, China. The 3 vessels are expected to join the Company's fleet in 2Q and 3Q of CY 16.
APL in the process of delisting its shares
Loss-making Assam Petrochemicals (APL) is in the process of de-listing the company from the Bombay Stock Exchange (BSE) amidst the proposal of Oil India to buy stake in the firm. State-run OIL is in talks with Assam government, which is holding 88.2 per cent stake in APL, for buying 49 per cent equity in the company. Domestic institutions and others hold the remaining stake in
Board of Srei allows it to issue Rs 15 bn worth bonds
In a communication to the stock exchange, Srei Infrastructure Finance informed that during the financial year 2013-14 the company is permitted by its board to raise Rs 1,500 crore through debentures. This amount can be raised through public issue of secured, redeemable, non-convertible debentures in one or more tranches during the current fiscal, the firm said. The company's board has also approved to raise up to Rs 500 crore in one or more tranches through issue of prefe
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