Business Industry
Tata Steel has announced its intention to raise ₹3,000 crore by issuing non-convertible debentures (NCDs) through a private placement. The company’s board approved this fundraising initiative during a meeting on February 14. Details of the NCD Issuance The company plans to issue 300,000 NCDs, each valued at ₹100,000, to eligible investors. The tentative allotment
Business Industry
In a significant boost to India’s semiconductor industry, U.S.-based Lam Research has announced an investment exceeding ₹10,000 crore (approximately $1.2 billion) to establish semiconductor equipment manufacturing facilities in Karnataka. This strategic move aligns with India’s vision to become a global hub for semiconductor manufacturing. Investment Details