AUTO
Ola Electric Narrows Q1 Net Loss To ₹336 Cr Despite 45% Revenue Drop
Ola Electric Mobility Ltd reported a narrower consolidated net loss of ₹336 crore for the first quarter ended June 30, 2026 (Q1 FY27), compared with ₹428 crore in the corresponding quarter last year, even as revenue declined sharply amid a business reset undertaken during FY26. The electric two-wheeler maker’s revenue from operations fell 45% to […]
CW Bureau
·
Aug 7, 2026
INFRASTRUCTURE
One-Time Settlement Pushes Adani Enterprises Into ₹1,160-Cr Q1 Loss
Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, slipped into a consolidated net loss of ₹1,160 crore in the first quarter of FY27, weighed down by a one-time Office of Foreign Assets Control (OFAC) settlement of $275 million. The company had reported a net profit of ₹885 crore in the corresponding quarter […]
CW Bureau
·
Jul 29, 2026
GENERAL
TANFAC Industries Raises ₹423.50 Cr To Fund Its Strategic Growth Plans
Fluorine chemicals manufacturer TANFAC Industries Ltd. has raised ₹423.50 crore through a Qualified Institutional Placement (QIP) and a proposed preferential issue to fund capacity expansion and strategic growth initiatives. The company raised ₹250 crore through the QIP, while its Board has approved a preferential issue of ₹173.50 crore through the allotment of 7,41,082 equity shares […]
CW Bureau
·
Jul 7, 2026
GENERAL
TANFAC Raises ₹250 Cr Through QIP To Expand Fluorochemicals Business
TANFAC Industries Ltd, one of India’s leading producers of hydrofluoric acid and its derivatives, has raised ₹250 crore through a Qualified Institutional Placement (QIP). The proceeds will be used primarily to set up an HFC-32 refrigerant gas manufacturing plant, expand downstream fluorinated chemical capacities and meet general corporate requirements. The fund raise marks the company’s […]
CW Bureau
·
Jun 30, 2026
AUTO
Uno Minda Plans ₹2,500-Cr Fund Raise, Fresh Investments In Arms
Uno Minda Ltd, a global technology leader in automotive components and systems manufacturing, has received board approval to raise up to ₹2,500 crore and increase investments in subsidiaries to support long-term growth and rising customer demand. The company said the proposed fund raising would be undertaken, as and when required, in one or more tranches […]
CW Bureau
·
May 17, 2026
STARTUP/TECHNOLOGY
Coforge Closes Encora Acquisition; Drops QIP Plan, Raises $550 Mn Loan
Coforge, an AI-native engineering services company, has announced the successful closure of the Encora acquisition. The firm also shared that it has cancelled all plans of doing a QIP to support the purchase since it has secured a $550 million three-year loan at a 4.6% fixed interest rate. The repayment terms warrant the first payment […]
CW Bureau
·
Apr 23, 2026
BANKING & FINANCE
Poonawalla Fincorp Raises ₹2,500 Cr, Attracts Strong Institutional Interest
Poonawalla Fincorp Ltd (PFL) has announced the successful completion of its qualified institutions placement (QIP), raising ₹2,500 crore. The issue saw strong participation from institutional investors and long-term funds, reflecting continued confidence in the company’s strategy and growth outlook. Issue details and pricing The company issued 67,430,883 equity shares of face value ₹2 each to […]
CW Bureau
·
Apr 14, 2026
RETAIL/FMCG
PNG Jewellers Targets ₹10,000 Cr Sales For FY26 On Strong Momentum
P N Gadgil Jewellers Ltd is set to end FY26 with revenue slightly above its earlier guidance of ₹9,500 crore and closer to ₹10,000 crore, Chairman and Managing Director Saurabh Gadgil has said. The company had previously guided for revenue of ₹9,000–9,500 crore for FY26. In the first nine months of the fiscal, the retail […]
CW Bureau
·
Feb 16, 2026
