BlackRock unit agrees to invest ₹3,000 crore in Aditya Birla Renewables for minority stake

BlackRock unit agrees to invest ₹3,000 crore in Aditya Birla Renewables for minority stake

Aditya Birla Group Chairman Kumar Mangalam Birla. File | Photo Credit: PTI Aditya Birla Renewables Ltd (ABREN), a subsidiary of Grasim, has finalised an investment by Global Infrastructure Partners (GIP), part of BlackRock, of up to ₹3,000 crore ($335 million), with a commitment of ₹2,000 crore and a greenshoe option to invest another ₹ 1,000 crore […]

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Orkla India’s ₹1,667 crore IPO to open on October 29; targets valuation of ₹10,000 crore

Orkla India’s ₹1,667 crore IPO to open on October 29; targets valuation of ₹10,000 crore

Orkla India, which owns spices and condiments brands MTR and Eastern, on Friday (October 24, 2025) fixed a price band of ₹695-730 per share, aiming for a valuation of around ₹10,000 crore at the upper end. The company’s ₹1,667 crore Initial Public Offering (IPO) will open for public subscription on October 29 and conclude on […]

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ACME Group plans to invest ₹5,000 crore to produce green steel 

ACME Group plans to invest ₹5,000 crore to produce green steel 

Representative image | Photo Credit: Special Arrangement  ACME Group is planning to invest about ₹5,000 crore to establish a 1.2 million tonnes per annum (MTPA) Green Hot Briquetted Iron and Green Direct Reduced Iron (HBI/GRI) facility (phase 1) for the production of green steel, according to people familiar with the development. “Our greenfield facility will […]

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NTPC board okays raising ₹18,000 crore via bonds, NCDs

NTPC board okays raising ₹18,000 crore via bonds, NCDs

NTPC. File | Photo Credit: Reuters State-run power giant NTPC board on Saturday (June 21, 2025) approved the proposal to raise up to ₹18,000 crore through the issuance of NCDs or bonds on private placement in the domestic market. The board of directors of the company in its meeting on Saturday, also considered and approved […]

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