MANUFACTURING
Jindal Worldwide Lines Up ₹650-Cr Rights Issue, To Be Debt-Free By FY27
Jindal Worldwide Ltd, a leading integrated textile company, has approved raising up to ₹650 crore through a rights issue as part of its plan to strengthen the balance sheet and become debt-free by FY27. The company said the fund raise marks a pivotal step in its growth journey and is aimed at reducing debt, improving […]
CW Bureau
·
Aug 7, 2026
STARTUP/TECHNOLOGY
Paytm Defers Bonus Issue For Now, To Focus On Growth And Profitability
One 97 Communications Ltd (Paytm), a leading digital payments and financial services company, has decided not to proceed with its proposed bonus share issue for the time being, choosing instead to prioritise growth and profitability to create long-term shareholder value. The company said the Board, after evaluating the proposal and holding detailed deliberations, concluded that […]
CW Bureau
·
Jul 21, 2026
STARTUP/TECHNOLOGY
Meesho Pumps ₹100 Cr Into FinTech Subsidiary To Bolster Payments Flow
Meesho Ltd, a leading e-commerce marketplace, is infusing ₹100 crore into its subsidiary, Meesho Payments Pvt Ltd (MPPL), through a rights issue or further capital issuance in one or more tranches. The board of directors has approved the fund infusion, underlining the company’s continued focus on strengthening its fintech capabilities alongside its core commerce operations. […]
CW Bureau
·
May 6, 2026
