News Overview

Eaglebay Investment, owned by Warburg Pincus, and PG Esmeralda Pte, part of Partners Group, are involved in the OFS.

The IPO will be exclusively a fresh issuance of equity shares valued at ₹1,590 Crore, with no offer-for-sale component.

Bali will join Yes Bank on August 26 and report to executive director Rajan Pental, according to a report by ET.

Tata Steel reported in an exchange statement on July 31 that it will owe Odisha Rs 17,300 crore in mineral tax as a result of the Supreme Court's verdict.

Market breadth was positive, with 2,143 shares advancing, 1,195 shares declining, and 94 shares remaining unchanged.

Although the company's pipeline remains strong, its first-quarter performance was disappointing.

Ola Electric's sales climbed from ₹1,671 Crore in the fourth quarter of FY24, while its net loss decreased from ₹416 Crore reported for the quarter ending March 31, 2024.

The EBITDA margin was 1.5% in the reporting quarter, down from 6.8% in the same period last fiscal year.

Despite these delays, Hyundai Heavy Industries Shipyard delivered the FSRU in September 2020, and it has been chartered to Botas since January 2023.

An OAI status indicates that the USFDA's inspection discovered significant concerns that require regulatory or administrative action.