Biofuel producer TruAlt Bioenergy, based in Bengaluru, filed its draft prospectus with Sebi to raise funds through an IPO. The issue includes ₹750 crore fresh issue and 36 lakh shares for sale by promoters. Proceeds will be used to establish multi-feedstock operations, including grains, and support working capital and corporate expenses.
Union Bank of India approves plan to raise up to Rs 20,000 crore via long-term bonds
Union Bank of India will raise funds through bond issuances. The bank’s committee approved long-term bonds worth twenty thousand crore rupees for infrastructure and affordable