IREDA raises ₹2,005.90 crore via QIP; issue oversubscribed 1.34 times
The capital was mobilised by issuing 12.15 crore equity shares at a price of ₹165.14 per share, including a premium of ₹155.14 per share over the face value of ₹10.
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India gears up for mega capex cycle: Infra, aviation, renewables to drive push
The rating agency estimates total capex could reach $800 billion to $850 billion, mostly funded through operating cash flows and supported by domestic financing channels.
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India’s infrastructure sees rapid progress in last decade as capex surges: FM Sitharaman
India’s infrastructure has seen rapid progress in the last decade, as capital expenditure surged from Rs 2 lakh crore in 2014-15 to Rs 11.21 lakh crore in 2025-26 – a significant six times increase towards the ‘Viksit Bharat’ goal, Finance…
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India Inc clocks 179 deals in May, lowest tally of 2025 so far
India saw its lowest monthly deal activity so far in 2025, with 179 deals worth $4.5 billion in May, driven by a sharp dip in private equity investments. M&A stayed resilient, led by Sumitomo Mitsui’s $1.6 billion YES Bank investment,…
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10-minute delivery boom fuels hyperlocal warehousing surge in urban and tier-2 India
India’s booming quick-commerce is driving unprecedented demand for small, hyperlocal warehouses, converting underutilized urban spaces into micro-fulfillment hubs. This surge is transforming urban logistics, impacting rental dynamics, and expanding into Tier-2 cities. Companies are prioritizing speed and location, leading to…
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Pine Labs to file DRHP for Rs 5,000-6,000 crore IPO by June-end
Pine Labs is preparing to file its DRHP with SEBI by the end of June, aiming for an IPO later this year to raise Rs 5,000-6,000 crore. The IPO could value the company at $4-5 billion. The company has appointed…
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