🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
SBI board approves fundraising of up to Rs 20,000 crore via bonds
Economic Times
·
23d ago
Medial
State Bank of India's board has approved fundraising of up to ₹20,000 crore through the issuance of Basel III-compliant Additional Tier 1 and Tier 2 bonds. SBI will issue these bonds to domestic investors within the current financial year. Following this announcement, SBI's shares rose over 2%, reaching a high of ₹834 on the NSE. This move comes as SBI continues to navigate a competitive banking environment, showing positive returns in 2025 despite previous declines.
View Source
1
Related News
BoI to raise Rs 20,000 cr via infra bonds this fiscal
Economic Times
·
1m ago
Medial
Bank of India (BoI) plans to raise Rs 20,000 crore through infrastructure bonds in the current fiscal year to fund various infrastructure projects. This decision has been approved by the board as part of efforts to join other banks like SBI in raising funds dedicated to infrastructure development. Infrastructure bonds are preferred due to their exemption from regulatory reserve requirements, unlike AT-1 and Tier-2 bonds, making them a more attractive funding option.
View Source
ICICI Bank’s board approves fundraising worth Rs 25,000 crore via NCDs
Money Control
·
1y ago
Medial
The board of ICICI Bank has approved raising funds through non-convertible debentures worth Rs 25,000 crore in the domestic market and through issuances of bonds in overseas markets up to $1.50 billion. The bank reported a net profit of Rs 10,707 crore for the January-March quarter, a 17% increase compared to the same period last year. The net interest income rose by 8% and the bank's gross non-performing asset stood at 2.16%. The board has also authorized the buyback of debt securities within applicable legal limits.
View Source
Vodafone Idea board to consider ₹20,000 cr fundraise in 6 April meet
Livemint
·
1y ago
Medial
The board of directors of Vodafone Idea is set to consider issuing equity or convertible securities worth up to ₹2,075 crore on a preferential basis to one or more promoter group entities. This move comes after the shareholders approved a proposal to raise ₹20,000 crore through issuing securities. The telecom company plans to complete the equity fundraising by the end of June, which will be followed by raising debt, aiming for a total funding target of up to ₹45,000 crore. This fundraising is crucial for Vodafone Idea to commence 5G services.
View Source
Vodafone Idea could launch FPO in 1-2 weeks, talking to investors for fund raise: Report
Money Control
·
1y ago
Medial
Telecom company Vodafone Idea is reportedly planning to raise Rs 15-20,000 crore through a follow-on public offering (FPO), according to sources. The FPO is aimed at financing the delayed rollout of 5G and strengthening its 4G services. Vodafone Idea had already obtained board approval for the fundraising in February. The company's ability to secure funding is crucial for its market position and to boost average revenue per user (ARPU). The shareholders have also approved a fund raise of Rs 20,000 crore, which could benefit telecom gear vendors Nokia and Ericsson.
View Source
Exclusive: Ecom Express board approves Rs 2,600 Cr IPO
Entrackr
·
11m ago
Medial
Logistics firm Ecom Express appears close to file draft red herring prospectus as it has received board’s approval for initial public offering worth Rs 2,600 crore via a mix of fresh issue and offer for sale. The board at Ecom Express has passed a special resolution to approve its initial public offer of equity shares amounting to Rs 2,600 crore, which consists of Rs 1,284 crore of fresh issue and Rs 1,316 crore offer for sale, according to the company’s internal documents accessed by Entrackr. As per media reports, the Gurugram-based company already appointed bankers including Kotak Capital, IIFL, Axis Capital, and UBS for the IPO. Ecom Express’ major investors Warburg Pincus and Partners Group are likely to take part in the OFS, said sources. As per data intelligence platform TheKredible, Warburg Pincus is the largest external stakeholder with 48.26% followed by Partners Ground and CDC Group. This is the second attempt by the 13 year-old-firm for public listing. In February 2022, it approved a fundraise of up to Rs 4,860 crore via a public issue of shares. However, the firm put a hold on its IPO plan then. Meanwhile, Ecom Express is also raising Rs 1,424 crore (approximately $172 million) from existing investors via right issue. Since its inception, it has scooped up more than $250 million through equity and debt. Ecom Express claims to provide logistics services in over 2,700 towns and 27,000 pin codes in India. It employs over 50,000 people, and has more than 3,000 facility centers across the country. For the fiscal year ending in March 2023, Ecom Express’ revenue from operations increased by 21.9% to Rs 2,548 crore from Rs 2,090 crore in FY22. The company’s losses rose by 4X to Rs 375 crore in FY23 from Rs 91 crore in the previous fiscal year. It is yet to file its FY24 numbers. Ecom Express will be the second Indian startup from the logistics ecosystem that will be listed on the stock exchange. Its competitor Delhivery went public in May 2022. Flipkart-backed Shadowfax is also planning to raise up to Rs 3,000 crore through public listing.
View Source
Power Grid to raise Rs 6,000 crore via bonds, check stock reaction
Business Today
·
4m ago
Medial
Power Grid Corporation plans to raise Rs 6,000 crore through bonds issued via private placement. The bond issuance has a base size of Rs 1,500 crore with an oversubscription option of Rs 4,500 crore, bringing the total potential issue size to Rs 6,000 crore. The bonds have a 10-year tenure, annual interest payments, and will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
View Source
Ola Electric board approves Rs 1,700 Cr funding plan via debt instruments
Entrackr
·
2m ago
Medial
Ola Electric board approves Rs 1,700 Cr funding plan via debt instruments Bengaluru-based Ola Electric Mobility Limited has approved a fundraising plan of up to Rs 1,700 crore through various debt instruments. Ola Electric Mobility has approved a plan to raise up to Rs 1,700 crore through debt instruments, following a board meeting held earlier today. According to the regulatory filing, the company will raise funds by way of term loans, working capital facilities, or issuance of Non-Convertible Debentures (NCDs) and other eligible debt securities. The funds may be raised in one or more tranches on a private placement basis or through any other method permitted under applicable laws. This is within the borrowing limits approved by shareholders and is intended to support the company’s growth and operations. Importantly, the company confirmed that the trading window remains closed since April 1, 2025, and will reopen 48 hours after the announcement of its financial results. This comes as the company faces increased regulatory scrutiny and financial challenges. In January, SEBI cautioned Ola Electric for violating disclosure norms after announcing a retail expansion on social media before informing exchanges. The following month, a discrepancy arose between its claimed 25,000 vehicle sales and 8,600 VAHAN registrations, which the company attributed to vendor delays. However, the Bhavish Aggarwal-led company secured the second position in the electric two-wheeler segment in April, with TVS Motor emerging as the market leader. While Ola Electric has yet to file its Q4 results, the company reported a 19.4% year-on-year drop in operating revenue to Rs 1,045 crore from Rs 1,296 crore. During the period, its net loss widened 50% to Rs 564 crore. Disclaimer: Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here.
View Source
SBI raises Rs 10,000 cr via bonds to fund infra projects
YourStory
·
1y ago
Medial
State Bank of India (SBI) has raised Rs 10,000 crore through its fifth infrastructure bond issuance. The issue was oversubscribed by four times and attracted bids in excess of Rs 19,884 crore. The funds will be used to enhance long-term resources for funding infrastructure and affordable housing segments. SBI Chairman Dinesh Khara hopes that this issuance will develop a long-term bond curve and encourage other banks to issue longer-tenor bonds.
View Source
UGRO Capital approves issuance of NCDs up to Rs 135 Cr
YourStory
·
1y ago
Medial
U GRO Capital, a small business lending platform, has approved the issuance of up to 3,500 non-convertible debentures (NCDs) valued at Rs 1 lakh each. Additionally, the company has approved the issuance of up to 10,000 NCDs, valued at Rs 1 lakh each, aggregating to Rs 100 crore. The board has also approved the acquisition of financial services platform MyShubhLife for Rs 45 crore. U GRO Capital plans to use technology to provide innovative credit products to small-scale shopkeepers and distributors. The company also plans to raise Rs 1,332 crore in equity capital.
View Source
Cabinet approves higher green investment limits for NTPC and NLC India
Economic Times
·
23d ago
Medial
The Indian Cabinet has approved increased investment limits for NTPC and NLC India to enhance non-fossil fuel capacities. NTPC can invest up to Rs 20,000 crore in NTPC Green Energy Limited, while NLC India can inject Rs 7,500 crore into NLC India Renewables Limited. The decision aligns with India's renewable energy targets, aiming for NTPC’s 60 GW capacity by 2032 and NLC’s 10.1 GW by 2030. The investments exclude nuclear energy funding.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in