After Hitachi Energy’s Rs 2,000-crore raise, Rs 1,250 crore Home First QIP likely

March 13, 2025

The QIP market seems to be showing signs of revival. On Tuesday, Hitachi Energy India’s ₹2,000 crore QIP – the largest such offering so far this year – was subscribed two times. With demand doubling, the company is likely to partially exercise the green shoe option. On Tuesday, another company, Centum Electronics, launched a ₹250 crore QIP.

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Russia leans on cryptocurrencies for oil trade, sources say

Russia is utilizing cryptocurrencies like bitcoin, ether, and stablecoins in its oil trade with China and India to bypass Western sanctions. This practice assists in

March 14, 2025

Rupee ends at 87.01 vs US dollar, gains 20p from previous close

India’s rupee strengthened by 20 paise against the US dollar, closing at 87.01 following positive retail inflation data. February’s CPI reduced to 3.61% from January’s

March 14, 2025

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