Highlights Bengaluru: Electric two-wheeler manufacturer Simple Energy has announced plans to launch its Initial Public Offering (IPO) in the second half of FY28 while targeting annual revenue of more than ₹3,000 crore by FY30. The company has also secured ₹250 crore in a Series B funding round comprising a mix...
Swiggy Limited has moved to calm governance concerns following shareholder resistance to its proposed Articles of Association amendments, arguing that the founder-linked board nomination rights under the proposal were limited, conditional and subject to shareholder oversight. In a fresh clarification to stock exchanges, the company said the proposed changes did...
Key Highlights New Delhi, May 27: Red Balloon Aerospace has successfully launched India’s first indigenous super-pressure balloon (SPB), marking a significant milestone in the country’s near-space and aerospace technology sector. The balloon, named “VISTA,” was launched from Vijayawada and carried commercial payloads from seven national and international partners. Balloon Reached...
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