In Short : Vikran Engineering will open its IPO on August 26 with a price band of ₹92–₹97 per share. The proceeds are planned for expansion and strengthening working capital. With rising interest in engineering and infrastructure stocks, the issue is expected to attract investor attention, positioning the company for stronger growth in the competitive […]
NTPC Secures $750 Million ECB Loan to Accelerate Clean Energy and Expansion Plans – EQ
In Short : NTPC has raised $750 million through an unsecured External Commercial Borrowing (ECB) loan to fund capacity expansion and green energy projects. Arranged by Bank of Baroda and HDFC Bank via GIFT City, the loan includes a $500 million base and a $250 million greenshoe option. Proceeds will support renewable energy, emission control […]
Delhi Takes Bold Step Towards Sustainable Transport with Over 1,200 Electric Buses and Ambitious Expansion Plans – EQ
In Short : Prime Minister Modi announced that over 1,200 electric buses are currently operating in Delhi, with plans for more to be introduced. This initiative aims to reduce pollution and promote green transport. Additionally, Delhi Chief Minister Arvind Kejriwal highlighted the goal of making 80% of the city’s buses electric by 2025, with 6,380 […]
Ola Electric to raise $300 mn for expansion plans to meet corporate needs – EQ Mag
E-vehicle manufacturer Ola Electric is close to raising funds of around USD 300 million for its expansion plans and to meet other corporate needs, sources close to the company said. The fresh round of fundraising comes amid expectations that Ola Electric would break even soon and achieve profitability. The fundraising would be managed by investment […]