Shakti Pumps Raises Rs 2.92 Bn via QIP for Solar Expansion
Shakti Pumps (India) has successfully concluded its Qualified Institutions Placement (QIP), raising Rs 2.92 billion from prominent institutional investors. The issue received strong interest from both existing and new investors, reflecting their confidence in the company’s long-term growth trajectory.The funds raised will be deployed to establish a greenfield high-efficiency solar DCR cell and solar PV module manufacturing facility in Pithampur, Madhya Pradesh. The project, to be undertaken through its subsidiary Shakti Energy Solutions, will have a production capacity of 2.20 GW. This move ..
Orient Technologies Unveils New Digital Identity on 28th Foundation Day
Orient Technologies, a leading provider of digital transformation and IT infrastructure services, has launched its refreshed digital identity to mark its 28th Foundation Day. The new identity reflects the company’s evolution from a trusted systems integrator to a strategic partner in digital transformation, while reaffirming its commitment to customer-centric innovation.Central to the brand refresh is the upgraded website, designed for intuitive navigation and aligned with client expectations. Services are now streamlined under two clear verticals—IT Infrastructure Solutions and Applicatio..
OLX India Launches 'Elite Buyer' Program to Enhance User Experience
OLX India, one of the country’s leading platforms for used products, has launched the Elite Buyer program to offer a high-intent, efficient buying experience. Designed to meet the evolving expectations of digital-first consumers, the program streamlines buyer-seller interactions, enabling quicker, more trusted transactions.With over 180 million users annually, OLX facilitates $3 billion worth of used goods transactions across categories such as cars, real estate, electronics, and furniture. The platform supports more than 53 million buyers and 18 million sellers, underscoring its scale and i..
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