Gensol Engineering wins bidding for Rs 1,340 cr energy storage project

The project will deliver 250 MW/500 MWh energy for two charge/discharge cycles per day

Business Standard 

Bulk deals: ICICI Prudential buys 0.52% stake in Zaggle Prepaid Ocean

Ventureast Proactive Fund LLC sold a 1.82 percent stake in Zaggle Prepaid Ocean.

Moneycontrol 

Rs 740-cr IPO of ixigo parent Le Travenues Technology subscribed 98.1 times

The initial public offering (IPO) of Le Travenues Technology got subscribed 1.95 times on the first day of subscription and 98.10 times on the closing day of subscription

Business Standard 

Indkal Technologies Raises Around Rs 300 Crore In 'Series A' Funding

The 'Series A' funding round was led by Mauritius-based Aries Opportunities Fund.

Bloomberg Quint 

Tata Power Renewable Energy Sets Up 850+ E-Bus Charging Stations Across India

Tata Power Renewable Energy installs 850+ e-bus charging stations nationwide, saving over 1 lakh tonnes of CO2 emissions.

Bloomberg Quint 

Muthoot Microfin raises $38 million in ECB on higher investor interest

Muthoot Microfin has raised $38 million in external commercial borrowing from Union Bank of India (DIFC branch), Bank of Bahrain and Kuwait, Bank of India (DIFC branch, Dubai), Mega International Commercial Bank Co (Labuan Branch).

Economic Times 

EPACK Prefab Sees 35% Growth Outlook In FY25 Amid Rising Orders

In FY25, EPACK Prefab expects to add 35% more orders from sectors like data centres, tourism, warehousing, airports, etc.

Bloomberg Quint 

Suraksha Group Injects Rs 125 Crore In Jaypee Infratech To Complete Stalled Projects

Suraksha Group injects Rs 125 crore to kickstart construction of stalled projects at Jaypee Infratech.

Bloomberg Quint 

KCD Industries Consolidated March 2024 Net Sales at Rs 0.69 crore, up 0% Y-o-Y

KCD Industries Consolidated March 2024 Net Sales at Rs 0.69 crore, up 0% Y-o-Y

Moneycontrol 

Camlin Fine Sciences shares surge 9% after company announces 1 Euro acquisition

Shares of Camlin Fine Sciences witnessed a notable surge of 9% on the BSE on Wednesday, reaching the day's peak at Rs 113. This upswing followed the company's announcement regarding the complete acquisition of Vitafor Invest NV by its wholly owned subsidiary, Dresen Quimica SAPI De CV.

Economic Times 

Sugar rush! Praj Industries, Balrampur Chini shares jump by over 6% on boost from ethanol blending

Praj Industries shares surged 6.4% to a 52-week high on NSE after Union Minister Hardeep Singh Puri's announcement on India's biofuel blending targets.

Economic Times 

AGS Transact Tech share jumps 8% as firm begins installing ATMs for SBI

The omni-channel payment solutions provider had in FY24 bagged an order from SBI to deploy 1,350 ATMs across the country by the first half of FY25

Moneycontrol 

Tata Motors shares rally 2% as India business turns net debt free in FY24. Should you invest?

Tata Motors shares surge on debt-free India business, JLR target by FY25. Aiming for EV EBITDA breakeven in FY26, expanding product portfolio for 80% market share. Analysts positive on growth prospects. Motilal Oswal, JM Financial, and ICICI Securities offer varying ratings and target prices.

Economic Times