A company is preparing for growth by reducing debt and expanding capacity. Funds for this effort will come from a public issue totaling ₹1,000 crore. The issue includes a fresh allocation of ₹600 crore and an offer for sale of ₹400 crore.
Management intends to use the funds for several purposes, including debt reduction and capital expenditures. Further details on the company's strategy and plans are available from an interview with its leaders.
The company's goals include pursuing new opportunities and managing its finances effectively. More information on its approach and ambitions can be found in the original source.
In a strategic move to boost international connectivity, AERA has abolished landing charges for international flights at Navi Mumbai Airport. This policy encourages airlines to establish and sustain global operations. Landing fees will see a fifty percent reduction in the second ...
A ticket checker was injured after a passenger assaulted him at Jogeshwari railway station. The ticketless passenger, Ajay Dhivar, refused to pay the fine and attacked the checker. Gupta suffered injuries and received seven stitches under his eye at a hospital. Dhivar, who works ...
India’s aviation regulator has asked airlines to complete a one-time drug screening of all pilots by July next year as authorities move to strengthen safety measures following recent incidents involving crew members and substance use. Testing has already started across airlines, ...
The Mumbai Metropolitan Region Development Authority (MMRDA) has undertaken a complete overhaul of its Social Development Department, which handles the rehabilitation and resettlement of project-affected persons (PAPs). As part of the restructuring, 16 officials, ranging from a D...
New Delhi: India should use the 18th BRICS Summit to deepen economic ties with emerging markets and turn cooperation among member nations into measurable trade and investment benefits for Indian companies, the PHD Chamber of Commerce and Industry (PHDCCI) said. PHDCCI President R...
Indian teqball players Anas Baig, Declan Gonsalves and Quimcy Dsouza are gearing up to represent the country at the Asian Games 2026, carrying with them the ambition of putting Indian teqball on the global sporting map. In an exclusive interview with The Free Press Journal , the ...
Dharashiv, Maharashtra: Cockroach Janta Party (CJP) founder Abhijeet Dipke on Thursday met the family of 28-year-old Maharashtra Public Service Commission (MPSC) aspirant Prathamesh Deshmukh, who died by suicide in Pune. A video posted by news agency IANS on X shows Dipke consoli...
Pune: Social activist Vidyanand Bapat has received a legal notice over alleged objectionable and derogatory remarks about Lord Ganesha, Ganeshotsav and Hindu religious beliefs. The notice, issued by Bombay High Court advocate Pradeep Naik, gives Bapat 48 hours to submit a written...
In a significant initiative aimed at strengthening professional networking and collaboration within the Terapanth community, the Jain Shwetambar Terapanthi Sabha, Mumbai, under the guidance of Jain Shwetambar Terapanthi Mahasabha, is set to formally and grandly launch the Terapan...
Mumbai’s office real estate market is projected to record double-digit growth between 2027 and 2030, according to the India Mid-Year Market Outlook FY2027, released today at the CII Real Estate Summit 2026 in Mumbai, where CBRE South Asia Pvt. Ltd. is the Knowledge Partner. Offic...
