Tata Communications announced the issuance of commercial papers worth ₹465 crore, with a redemption date of May 23, 2025. The face value per security is ₹5 lakh, and a discount of 7.47% per annum is offered on the security.
Torrent Power’s subsidiary, Torrent Green Energy, has established Torrent Urja 32 Pvt Ltd to generate renewable energy. TU32, incorporated on February 12, 2025, is yet to commence business operations, with an authorised and paid-up share capital of ₹5 lakh.
IREDA has received approval from its shareholders to raise up to ₹5,000 crore through equity share issuance to qualified institutional buyers, citing growth opportunities in its existing operations.
LIC has been served a demand notice of approximately Rs 57.2 crore by tax authorities for excess Input Tax Credit availed during the financial year 2020-21.
Biocon Biologics has introduced a biosimilar product, YESINTEK, in the US market to treat autoimmune diseases, which is now available to patients.
Texmaco Rail & Engineering has signed an MoU with Nevomo, a Polish technology company, to collaborate on rail infrastructure innovation and next-generation technology solutions.
Blinkit has received a capital infusion of ₹1,500 crore from Zomato, its parent company, bringing the total investment to ₹4,300 crore since Zomato acquired the online grocery delivery company.
NTPC Green Energy has partnered with Madhya Pradesh Power Generating Company to develop renewable energy parks and projects in the state.
