In Short : Laser Power & Infra Ltd has filed draft papers with SEBI for a ₹1,200 crore IPO, comprising a ₹800 crore fresh issue and ₹400 crore OFS by promoters. Proceeds will partly repay ₹600 crore of debt. The Kolkata-based power cable manufacturer reported FY25 revenue of ₹2,570 crore and profit of ₹106 crore. […]
Brazilian Diplomat: Climate Action Can Fuel Growth and Jobs Ahead of COP30 – EQ
In Short : In the lead-up to COP30, Brazilian diplomat Andre Correa do Lago highlighted that tackling climate change need not conflict with economic growth or employment. He stressed that clean energy, sustainable infrastructure, and green innovation can create new industries and jobs. According to him, climate action offers countries a pathway to stronger economies […]
Inox Wind Launches ₹1,249 Crore Rights Issue to Fuel Growth and Cut Debt – EQ
In Short : Inox Wind plans to raise ₹1,249 crore via a rights issue, offering shares at ₹120 each—a 27% discount to market price. The issue opens on August 6 and closes on August 20, with a 5:78 entitlement ratio. Funds will be used to strengthen the company’s balance sheet, repay debt, and support business […]