Steel Exchange India Announces ₹40.32 Cr Capital Strengthening Through Warrant Allotment and Conversion of Existing Warrants

Visakhapatnam: Steel Exchange India Limited (NSE: STEELXIND, BSE: 534748), one of the leading integrated steel manufacturers in South India and a trusted name in TMT rebars under the brand ‘SIMHADRI TMT’, has announced key capital market developments comprising fresh warrant issuance and conversion of existing warrants, aimed at further strengthening the Company’s capital structure. Key Approved Developments: Fresh Allotment of 4,40,00,000 Convertible Equity Warrants at ₹9.45 per warrant on a preferential basis, aggregating to ₹10.40 crore on receipt of 25 % of Subscription Amount. Conversion of 2,82,97,870 Existing Warrants issued

Nation

Orbicular receives approval from Health Canada for generic version of Ozempic

Bangalore: OneSource Specialty Pharma Limited (BSE: 544292, NSE: ONESOURCE), a leading specialty pharmaceutical CDMO, today announced that its partner Orbicular, along with its Canadian front-end partner, has received approval from

Nation

World Press Freedom Day: How Indian Politicians Reacted to ‘Free Press’ in India

New Delhi: Every politician wants a free press in a democratic system, but no politician wants any news against them at any cost. This is the sad truth about the

Nation

Joint Counter-Terrorist Mock Exercise Conducted at IGI Airport Delhi

New Delhi: A joint Counter-Terrorist Mock Exercise was conducted at IGI Airport Delhi to assess preparedness and strengthen seamless inter-agency #coordination against evolving #security threats. CISF informed on X, “Personnel

Opinion

India’s Middle East Policy: ‘4Ds and 4Es’ Strategy; Strait of Hormuz Closure ‘Not Acceptable,’ Says Former Diplomat and NTPC Director Anil Trigunayat

Exclusive: Israel Wants India’s Support to Expand ‘Abraham Accords’

West Asia on Edge: Oil, Trade and India’s Strategic Challenge

energy

Top News 1

Power Secretary Pankaj Agarwal reviews SJVN’s Hydro Projects in Himachal Pradesh

Shimla: The Secretary (Power), Govt. of India, Pankaj Agarwal along with Additional Secretary (Hydro and EC&ET) Diwakar Nath Misra and Member (Hydro) CEA, Milind Ganesh Gokhale visited SJVN’s hydro projects

Energy

Servotech Renewable Announces its Q4 FY26 Results, Revenue rises by 66.6% YoY

New Delhi: Servotech Renewable Power System Ltd. (NSE: SERVOTECH), India’s leading solar solutions, BESS, and EV charger manufacturer, announced its financial results for the fourth quarter and year ended 31st

Energy

Tata Power and Keppel collaborate with Tata Realty & Infrastructure to deploy Large-Scale Cooling-as-a-Service Solution at Intellion Park, Chennai

Mumbai: Tata Power Trading Company Limited (TPTCL), a wholly owned subsidiary of Tata Power, in collaboration with Keppel Limited’s Infrastructure Division (Keppel), has partnered with Infopark Properties Limited (IPL), a

INFRASTRUCTURE

Steel Exchange India Announces ₹40.32 Cr Capital Strengthening Through Warrant Allotment and Conversion of Existing Warrants

Jakson Infra Bags Landmark Power Distribution Project in Angola

IEEFA reports ‘decarbonisation readiness in India’s steel sector’

BANKING AND FINANCE

Banking and Finance

IDBI Bank Announces Financial Results for Q4 and FY 2025-26

Mumbai: IDBI Bank Ltd. (IDBI Bank) has announced its financial results for the Quarter and Year ended March 31, 2026. Highlights for Q4 FY 26  Bank has reported Net

Banking and Finance

Can Fin Homes Announces Financial Results

New Delhi: Can Fin Homes Limited (CFHL) announced its financial results for the quarter and year ending 31/03/2026. The Net profit for the fourth quarter of the current fiscal is

Banking and Finance

Axis Bank Announces Financial Results for the Quarter and Year Ended 31st March 2026

New Delhi: Axis Bank on Saturday announced its financial results for the quarter and year ended 31st March 2026. During the quarter, Axis Bank took major strides in customer safety,

HEALTH AND PHARMACEUTICALS

Orbicular receives approval from Health Canada for generic version of Ozempic

Sun Pharma Announces Sale of Priority Review Voucher for US $195 million

Sun Pharma Proposes 11.75‑billion‑dollar Acquisition of US‑based Organon

FMCG AND AGRICULTURE

Top News 1

Usha Martin Announces Q4 and FY 2026 Results

Kolkata: Usha Martin Limited (NSE: USHAMART, BSE: 517146, Luxembourg SE: US9173002042), a leading specialty wire rope solutions provider globally, has announced its financial results for the quarter and year ended

FMCG & Agriculture

AI, Performance and Affordability Emerge as Key Drivers of Smartphone Buying in India: Counterpoint Research X Flipkart Report

New Delhi: Flipkart, India’s homegrown e-commerce marketplace, in collaboration with Counterpoint Research, unveiled the Smartphone Insights Report 2026 at Flipkart – India’s Favourite Smartphone Awards, attended by over 400 creators,

FMCG & Agriculture

Aviva India Launches Aviva Secure Nest Annuity Plan to Support Diverse Retirement Needs

New Delhi: Aviva India announces the launch of Aviva Secure Nest Annuity Plan, a retirement solution that allows customers to secure regular income for life with a one‑time single premium

AUTOMOBILE AND MOBILITY

Tata Motors registered 28% growth YoY with total sales of 34,833 commercial vehicle units in April 2026

Hyundai Motor India Clocks Highest-Ever April Domestic Sales at 51,902 Units, Up 17% YoY

Mahindra Auto: SUV Sales Rise 8% to 56,331 in April; Total Volumes Jump 14%

TECH AND STARTUPS

Top News 1

Kellton Tech Strengthens Credit Profile with ‘IND A- / Stable’ Rating; Reinforces Growth and Financial Discipline

Hyderabad: Kellton Tech Solutions Ltd., an AI-led digital transformation and enterprise technology consulting company, has announced that India Ratings & Research (Ind-Ra)—a subsidiary of the Fitch Group—has upgraded its long-term

Tech & Startups

KFin Technologies announced its financial results

Mumbai: KFin Technologies Limited announced its financial results for the quarter and year ended 31st March 2026 today. Financial Highlights – Q4FY26 − Revenue from operations stood at ₹ 3,473.3

Tech & Startups

izmo Microsystems Recognized as Key Packaging Partner in India’s National Silicon Photonics Mission

BENGALURU: izmo Microsystems a wholly owned subsidiary of izmo limited has announced its participation as the official Photonic IC Packaging Partner in a landmark project led by the Centre for

TRAVEL & TOURISM

RateGain Launches RG Varsity to Help Hotel Professionals

IndiGo Appoints William Walsh as Chief Executive Officer

EaseMyTrip Enters Exclusive Partnership with MSTC to Power Travel Services for Govt Sector

TRADE AND COMMERCE

Top News 1

Trump to Impose 25% Tariffs on EU Cars and Trucks

New Delhi: The USA President Donald J Trump on Friday threatened to impose 25 per cent tariff on the cars and trucks produced in the European Union. However, there will

Trade & Commerce

Adani Ports and Special Economic Zone Announces Financial Results for FY 26; Revenue Grows 25%

Ahmedabad: Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest integrated transport operator, announced its results for the quarter and year ended March 31, 2026. Performance highlights FY26 marks

Trade & Commerce

India’s Economy at Risk as $100 Crude Oil, Hormuz Disruption Raise Inflation, Pressure Rupee: Union Bank Report

New Delhi: The ongoing West Asia conflict and disruptions in the Strait of Hormuz pose a significant risk to the Indian economy, as elevated crude oil prices are likely to

DEFENCE

Indian Army contingent departs for India-Cambodia Bilateral Military Exercise CINBAX-II 2026

Navy Chief Dinesh K Tripathi Visits Myanmar

Military Institute of Technology awards degree to 178 officers from DSTSC Serial 08, 19 from ten Friendly Foreign Countries

Education

Top News 1

IIT Ropar Professor Assaults Female PhD Scholar for Refusing Japan Trip

New Delhi: A shocking incident has come to light from the Indian Institute of Technology (IIT) Ropar in Punjab, where a female PhD scholar was allegedly assaulted by a professor

Defence

Military Institute of Technology awards degree to 178 officers from DSTSC Serial 08, 19 from ten Friendly Foreign Countries

New Delhi: The Military Institute of Technology (MILIT) awarded degree to 178 officers, including 19 international officers from ten Friendly Foreign Countries. Headquarters Integrated Defence Staff (HQ IDS) on Sunday

Education

India plans to set up space laboratories in universities and colleges across country

New Delhi: Union Minister of State (Independent Charge) Dr. Jitendra Singh today reviewed plans to set up Space laboratories in universities and colleges across India, with seven such labs to

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Bharat Neeti News (BNN) is an emerging Economy and Policy news platform providing updates across sectors, with in-depth analysis and expert perspectives on national and global developments.