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Fusion Finance concludes its rights issue with fund raise of Rs 800 crore

India, May 12 -- Fusion Finance announced the successful completion of its Rs. 800 crore Rights Issue, which was subscribed 1.5x. The offering, launched on 15 April 2025, witnessed robust participatio... Read More


KEC International wins orders worth Rs 1034 crore

India, May 12 -- K E C International has secured new orders of Rs. 1,034 crore across various businesses:Transmission & Distribution (T&D): (i) STATCOM project from a global OEM in India and (ii) Supp... Read More


HCL Technologies signs European Commission's AI Pact

India, May 12 -- HCL Technologies (HCLTech) has signed the European Commission's AI Pact, reinforcing its commitment to the responsible development and deployment of AI technologies internally and wit... Read More


HFCL wins order of Rs 157 crore for BharatNet project in West Bengal

India, May 12 -- HFCL has secured a purchase order aggregating to Rs 157 crore for the supply of various types of Optical Fiber Cables for the BharatNet Phase III Project in the West Bengal Telecom Ci... Read More


Arvind to acquire 26% stake in Torrent Urja 28

India, May 12 -- Arvind has entered into a Share Subscription and Shareholders' Agreement with Torrent Green Energy (Sponsor) and its subsidiary, Torrent Urja 28 (TUPL).As part of this agreement, Arvi... Read More


Board of Precision Wires India to consider fund raising via QIP

India, May 12 -- The Board of Precision Wires India will meet on 17 May 2025 to consider a proposal for raising of funds by way of issue of equity shares or other securities through Qualified Institut... Read More


Board of Morepen Laboratories notes incorporation of step-down subsidiary in Dubai

India, May 12 -- The Board of Morepen Laboratories at its meeting held on 12 May 2025 has noted the decision of the Board of Directors of Morepen Medipath (formerly known as Morepen Medtech), a subsid... Read More


Board of Man Industries approves restructuring of subsidiaries

India, May 12 -- The Board of Man Industries (India) at its meeting held on 12 May 2025 has approved the transfer of entire shareholding held by the Company in Man International Steel Industries Compa... Read More


Greaves Cotton issues corporate guarantee for loan availed by Greaves Electric Mobility

India, May 12 -- Greaves Cotton has issued corporate guarantee to Tata Capital Limited (Lender) for an amount of Rs. 40 crore as security for the term loan facility availed by Greaves Electric Mobilit... Read More


GE HealthCare unveils ultra-premium, high-performance gradient 1.5T MRI system

United States, May 12 -- GE HealthCare unveiled SIGNA (TM) Sprint, an FDA 510(k) pending ultra-premium wide bore 1.5T high-performance gradient MRI system, at the International Society for Magnetic Re... Read More