SRF Reports Strong Profit Surge with Broad-Based Business Gains
SRF Limited, a diversified chemical and industrial solutions company, reported a consolidated revenue of Rs 43.13 billion in the fourth quarter of FY25, rising from Rs 35.7 billion—a year-on-year growth of twenty-one per cent. Profit before tax grew by sixty per cent to Rs 7.07 billion, while earnings before interest and tax rose by forty-seven per cent to Rs 9.06 billion. Net profit stood at Rs 5.26 billion.The Chemicals Business led the performance with Rs 23.55 billion in revenue, up thirty per cent. Its operating profit reached Rs 7.48 billion. Fluorochemicals saw record domestic refrige..
Fusion Finance’s Rs 8 Bn Rights Issue Subscribed 1.5 Times
Fusion Finance Limited, a leading Non-Banking Financial Company-Microfinance Institution (NBFC-MFI), has successfully concluded its partly paid-up rights issue, raising Rs eight billion. Launched on fifteen April twenty twenty-five, the issue was subscribed 1.5 times, demonstrating strong support from institutional investors.The issue included over sixty-one million partly paid-up equity shares priced at Rs 131 per share, with a premium of Rs 121. The funds will enhance capital adequacy and reinforce Fusion’s position as one of India’s most well-capitalised microfinance institutions.The co..
Mumbai-Ahmedabad Bullet Train Set to Launch by 2028
India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..
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