Paras Defence & Space Technologies Limited (Paras Defence), a leader in optics and optronic systems for defence and space, is set to invest Rs. 12000 crores to establish India’s first Optics Park in Maharashtra. In this regard, the defence company signed a Memorandum of Understanding (MoU) with the Government of Maharashtra (GoM). The announcement, made […]
Axis Bank, one of the largest private sector banks in India, partners with Marg ERP, a prominent player in integrated business applications, to provide simplified business banking solutions to small and medium enterprise (SME) customers. The aim is to seamlessly bring accounting and banking solutions at one place, and ensure that customers don’t need to […]
The Board of Directors of Indian Renewable Energy Development Agency Ltd. (IREDA) in its meeting today, approved the raising up to ₹5,000 crore through Qualified Institutions Placement (QIP) of equity shares, in one or more tranches. The initiative is aimed at strengthening IREDA’s financial resources to support the growing demand for green energy financing. The […]