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The move aligns with GOCL’s strategy to redeploy resources as it completes the monetisation of its land parcel in Kukatpally, Hyderabad and the divestment of a major subsidiary.

The fundraising, if cleared, can be carried out in one or more tranches and will remain valid for one year from the date of the AGM resolution.

Nishant, who has been part of the company’s board since 2008, was re-appointed to the board for a five-year term in May 2024.

The JV will be anchored on Meta’s Llama open-source AI models, offering a Platform-as-a-Service (PaaS) to enterprises.

On the other hand, revenue rose 12.2% in Q2 CY25 to ₹3,175.4 crore, compared with ₹2,831 crore in the corresponding quarter of the previous fiscal.

Despite the dilution, Billion Dream Sports incorporated on 31 July 2025 will remain a subsidiary of Authum.

The IPO of Jio is expected to be one of the most closely watched listings in India’s capital markets, marking the next major milestone for Reliance in unlocking value across its businesses.

On August 29, 2025, the District Court upheld the jury’s verdict, while rejecting Prysmian’s request for prejudgment interest.

The study, known as EPICS-III, tested the drug in adults with primary biliary cholangitis (PBC) a rare, progressive liver disease that often leaves patients with limited treatment options.

Revenue from operations, however, slipped 2.1% to ₹1,988 crore, down from ₹2,030 crore a year earlier.