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BusinessGujarat-based Inox Clean Energy, part of INOXGFL Group, filed a draft red herring prospectus with SEBI to raise up to Rs 10,000 crore via IPO. The issue includes Rs 8,000 crore fresh equity and Rs 2,000 crore offer-for-sale by promoter Devansh Jain. The company may also raise Rs 1,600 crore pre-IPO. Rs 6,000 crore will reduce debt, with remaining funds for corporate purposes.
News18 Business·3h ago
BusinessEuropean shares are poised for their first monthly decline in six months due to Middle East tensions, rising energy prices, and higher bond yields, which have increased inflation and interest rate concerns. The STOXX 600 index rose 0.7% but is still on track for a loss in September. Mining stocks gained as investors awaited key European inflation data.
ET Markets·34m ago
TechnologyGoogle has launched the Fitbit Air in India, its first screenless fitness tracker with continuous heart rate and SpO2 sensors. Announced on September 27, the device will be available from October 2 in four colors: Obsidian, Berry, Lavender, and Fog. Buyers get a three-month Google Health Premium trial and Rs. 1,000 cashback with select HDFC and ICICI Bank cards.
NDTV Tech·1h ago
SportsIn the second ODI against West Indies in Guwahati on September 30, India won the toss and chose to field. Fast bowler Auqib Nabi made his debut, replacing Nitish Kumar Reddy. India leads the three-match series 1-0 after an eight-wicket win in the first ODI at Thiruvananthapuram. The final match is scheduled for October 3 in New Chandigarh.
Deccan Herald·51m ago·Guwahati
WorldA loud explosion-like sound was reported at Mangalore Refinery and Petrochemicals Ltd on Wednesday, followed by dense smoke visible from a distance. Local residents expressed concern over the incident, which caused anxiety in surrounding areas. Authorities have yet to provide further details about the cause or impact of the event.
Times of India·1h ago·Mangaluru
PoliticsThe Gujarat High Court dismissed AAP leader Arvind Kejriwal's appeal against a Rs 25,000 cost imposed in the case concerning information about Prime Minister Narendra Modi's educational qualifications. The court upheld the decision that the Central Information Commission should not disclose details about Modi's education.
DNA India·1h ago
News18 Business·3h ago
Gujarat-based Inox Clean Energy, part of INOXGFL Group, filed a draft red herring prospectus with SEBI to raise up to Rs 10,000 crore via IPO. The issue includes Rs 8,000 crore fresh equity and Rs 2,000 crore offer-for-sale by promoter Devansh Jain. The company may also raise Rs 1,600 crore pre-IPO. Rs 6,000 crore will reduce debt, with remaining funds for corporate purposes.
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