equity infusion News

Adar Poonawalla's Bold Move: Infusing Rs 1,500 Crore into Poonawalla Fincorp for Aggressive Expansion

Adar Poonawalla's Rising Sun Holdings invests Rs 1,500 crore in Poonawalla Fincorp, aiming for aggressive retail expansion and diversification into new loan products under CEO Arvi...

Indian Government Approves $1.5 Billion Revival Plan for Struggling Steel Giant RINL

The Indian government has approved a Rs 11,440 crore revival plan for Rashtriya Ispat Nigam (RINL), aiming to resolve legacy issues, stabilize the steel market, and protect jobs. T...