Premier Energies aimed to raise ₹2,830 crore via an IPO starting on August 27, allocating ₹1,291 crore for capacity expansion. The promoter’s stake was set to decrease to 66%. The company projected revenue growth driven by India’s push for renewable energy. It planned substantial capacity enhancements by 2026, using funds from the IPO, debt, and internal accruals.
Nithin Kamath slams ‘Dark Patterns’ in finance apps, tells how Zerodha remains clean
Zerodha CEO Nithin Kamath criticized financial apps for using manipulative ‘dark patterns’ that mislead users into actions not in their best interest. He emphasized Zerodha’s