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Budget 2023 had allocated Rs 30,000 crore for capital support to state-run Oil Marketing Companies (OMCs) like BPCL, IOCL and HPCL. On July 7, the board of IOC also approved a capital raise via a rights issue not exceeding Rs 22,000 crores.
In September 2019, Aditya Birla Capital had raised Rs 2,100 crore through preferential allotment to investors like Advent International, Premji Invest and promoter group entities.
The goal of the workshop was to encourage MU to create a campus-wide strategy to embrace the new technology.