Western Carriers (India), a multimodal, asset light logistics company, plans to raise Rs 400 crore through an issue of fresh equity to repay debt and to fund capital expenditure, and another Rs 93 crore through an offer for sale by the promoters.
Onion prices rise 20% in past two weeks as rains damage crop
Pune’s onion prices have surged by approximately 20% in the last two weeks due to crop damage from heavy rains, leading to reduced market arrivals.