Tata Consumer Products to raise ₹3,500 crore for acquisitions
Acquisition of Organic India and Capital Foods consistent with Tata Consumer's strategic intent to expand product portfolio and target addressable market.
Source: livemint.com
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Adani Ports approves raising funds up to Rs 5,000 crore
The company has empowered the Finance Committee to, among other responsibilities, approve, execute, and oversee activities related to the Issue.
Source: moneycontrol.com
Electric Hydrogen raises USD 380 mn in latest funding round, Auto News, ET Auto
Electric Hydrogen: The funding was led by Fortescue, Fifth Wall and Energy Impact Partners and included new investors BP Ventures, Oman Investment Authority, Temasek, Microsoft's Climate Innovation Fund, the United Airlines Sustainable Flight Fund among others. The company did not immediately respond to request for details on the valuation at which the amount was raised. EH2 has raised over USD 600 mn since its founding in 2020.
Source: indiatimes.com
Titagarh Wagons to raise Rs 288 crore via preferential allotment of shares
The company said its board has given the nod for allotment of 76 lakh shares to the Capital Group company. (Representative Image)
Source: moneycontrol.com
JSW Steel board approves plans to raise up to Rs 17,000 cr; $1 bn from international markets
With respect to the plan to mop up Rs 14,000 crore through issuance of non-convertible debentures and convertible securities, the company said, it had obtained shareholders' approval in July 2022.
Source: moneycontrol.com