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Buying a Genset?
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Smartworks raises Rs 1.68 bn to expand flexible office solutions
Smartworks, a leading provider of flexible office spaces, has successfully raised Rs 1.68 billion in a funding round led by Keppel Corporation. This investment is aimed at accelerating Smartworks' expansion plans across India and enhancing its portfolio of smart and scalable workspace solutions.The funding round, which also saw participation from existing investors, underscores confidence in Smartworks' business model and growth trajectory amidst the evolving workspace dynamics post-pandemic. Smartworks is known for its innovative approach to coworking spaces, offering tailored solutions that ..
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Vedanta Aluminium wins accolades for environment and energy excellence
Vedanta Aluminium, India?s largest producer of aluminium, has won the prestigious Kalinga Energy Excellence Award and Kalinga Environment Excellence Award for its alumina refinery unit at Lanjigarh, Kalahandi district. These awards were presented by the Institute of Quality and Environment Management (IQEMS) in association with the Odisha State Pollution Control Board and the Institute of Public Enterprise, Hyderabad. Vedanta?s Lanjigarh unit, India?s premier producer of smelter-grade alumina, has undertaken multiple initiatives as part of Vedanta Aluminium?s sustainability goals such as Net ..
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IREDA loan surges to Rs 91.36 billion in April-June
Public sector non-banking financial company IREDA announced on that it experienced significant growth in its sanctioned loans, which reached Rs 91.36 billion during April-June FY25. The company's loan disbursements also saw a notable increase of 67.61 per cent, rising to Rs 53.20 billion in the same period, compared to Rs 31.74 billion in the corresponding period of the previous year. According to the company's statement, the total outstanding loan book as of June 30, 2024, stood at Rs 631.50 billion, marking a 33.77 per cent rise from Rs 472.07 billion in April-June FY24. Pradip Kumar Das, ..