Business News

Steel Exchange India Ltd (SEIL) to Raise INR 350 Cr via Preferential Issue; IMR Group to Invest 300 Cr in the Company

Steel Exchange India Ltd (SEIL) to Raise INR 350 Cr via Preferential Issue; IMR Group to Invest 300 Cr in the Company

Mar 05, 2026

Mumbai (Maharashtra) [India], March 5: IMR Group ("IMR"), a leading international metals and mining conglomerate, today announced a strategic investment of INR 300 Crores in Steel Exchange India Limited ("SEIL") through subscription to share warrants. The investment will be made through IMR's Indian entities -- India Coke and Power Private Limited ("ICPPL") and IMR Steel Private Limited ("ISPL"). This capital infusion will strengthen SEIL's operations, optimize its debt structure, and position the company for accelerated growth -- marking a significant milestone in IMR's forward integration strategy and its expansion across India's high-growth steel sector.
Gayatri Rubbers and Chemicals (NSE: GRCL): The Pioneer in Fire-Retardant EPDM Solutions for India's Modernized Rail Fleet

Gayatri Rubbers and Chemicals (NSE: GRCL): The Pioneer in Fire-Retardant EPDM Solutions for India's Modernized Rail Fleet

Mar 05, 2026

New Delhi [India], March 5: The performance and reliability of rubber and rubber-metal bonded components are critical to the safety, passenger comfort, and operational efficiency of Indian Railways (IR). One such important part of Railway coaches is the UIC Rubber vestibule. These components are integral to provide a safe, sealed, and flexible passage between railway coaches. They connect carriages to allow passenger movement while minimizing noise, vibration, and external elements, adhering to UIC (International Union of Railways) standards. These durable bellows ensure comfort and safety in long distances, high speed, and metros. The assembly typically includes three rubber flanges bolted to a steel frame, which is welded to the coach's end, along with a hinged footplate.

UK Student Housing Crisis Deepens: University Living Releases 2026 UK Student Accommodation Outlook Amid Soaring Costs

UK Student Housing Crisis Deepens: University Living Releases 2026 UK Student Accommodation Outlook Amid Soaring Costs

Mar 05, 2026

IVCA Conclave 2026 Marks 15 Years of Shaping India's Alternate Capital Ecosystem

IVCA Conclave 2026 Marks 15 Years of Shaping India's Alternate Capital Ecosystem

Mar 05, 2026

Ankura Hospital Partners with BharathCloud for AI and Digital Continuity to Strengthen Hyderabad's Emergency Healthcare Infrastructure

Ankura Hospital Partners with BharathCloud for AI and Digital Continuity to Strengthen Hyderabad's Emergency Healthcare Infrastructure

Mar 05, 2026

More News

This Women's Day Swap the Roses for Racetracks: Alive Launches 'Alive Gals Fest'

This Women's Day Swap the Roses for Racetracks: Alive Launches 'Alive Gals Fest'

Mar 05, 2026

Bengaluru (Karnataka) [India], March 5: This Women's Day, Alive has announced the launch of Alive Gals Fest, an experience-led festival designed for women ready to step outside the routine and...
Mr. Rohit Reddy Vangala, Partner, accepted the award in person at the Awards ceremony

GHR Lakshmi Urbanblocks LLP Takes Top Honour by Winning Realty+"Developer of the Year - Residential" Award 2026

Mar 05, 2026

Hyderabad (Telangana) [India], March 5: GHR Lakshmi Urbanblocks Infra LLP has been named Developer of the Year in the 'Residential' category at the 16th Realty+ Conclave & Excellence Awards, held...
Hollyland Expands Retail Presence in India with Official Entry into Croma Stores Nationwide

Hollyland Expands Retail Presence in India with Official Entry into Croma Stores Nationwide

Mar 05, 2026

Shenzhen [China], March 5: Hollyland, a global provider of professional wireless audio and video solutions, has officially entered India's leading consumer electronics retail chain Croma, bringing its products to an...
A data-backed 3D printed hospitality project demonstrating faster execution, lower energy use, and long-term durability

3D Concrete Printed Resort Delivers Measurable Gains One Year Into Operations

Mar 05, 2026
nubia Neo 5 Series Launches at MWC Barcelona 2026 with the Only Built-in Fan in its Class

nubia Neo 5 Series Launches at MWC Barcelona 2026 with the Only Built-in Fan in its Class

Mar 05, 2026
Australia's Best Workplaces™ for Women 2026 Have Been Announced

Australia's Best Workplaces™ for Women 2026 Have Been Announced

Mar 05, 2026
Kennedy: Why This Thriller Tops the List of New Movies on ZEE5 Right Now

Kennedy: Why This Thriller Tops the List of New Movies on ZEE5 Right Now

Mar 05, 2026
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US services activity jumps to 3½-year high on strong demand

Mar 05, 2026
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Tim Cook's 'big week' delivers cheaper iPhone, new MacBook

Mar 05, 2026
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Indonesia's credit rating outlook cut to negative

Mar 05, 2026
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More than 500 digital services available online: MoCI

Mar 05, 2026
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IQ, Qamco, MPHC and GIS announce production cuts

Mar 05, 2026
IIM Udaipur - Campus

IIM Udaipur Launches BBA Program with Bilingual Learning Support; Applications Open for 2026 Cohort

Mar 04, 2026
Seeds of change were sown as 700 farmers gathered at The Art of Living Ashram, Vasad for a Natural Farming Awareness Seminar

The Art of Living and Kotak Mahindra Lead Natural Farming Movement across Anand, Gujarat

Mar 04, 2026
Eminent scientists were honoured at the VELS National Scitech Awards 2026 by Dr.Preethaa Ganesh Vice President Vels Group of Institutions

VELS Celebrates India's Leading Scientists on National Science Day

Mar 04, 2026
Tapan Ghosh (third from the right), CEO of VinFast India, received the Award from the organizers of the FASTER Awards 2026

Vinfast India Bags 'New Entrant of the Year' at Faster Awards 2026

Mar 04, 2026
Preeti Choudhary Founder & CEO of Kaayu Rituals

Kaayu Rituals, UK-Backed, Launches in Delhi to Redefine Wellness and Self-Care

Mar 04, 2026
A step towards stronger global health collaboration: Techno India Group x Global Health Forum

Global Health Forum and Techno India Group Announce Strategic Partnership to Boost U.S. and India Healthcare and Education Ties

Mar 04, 2026
Godrej Properties gifts a free home to a Mumbai based family on the occasion of achieving 1,00,000 home sales

Godrej Properties gifts a free home to a Mumbai based family on the occasion of achieving 1,00,000 home sales

Mar 04, 2026
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Universal Sompo General Insurance Drives Green Mobility with 'One Policy, One Tree' Initiative

Mar 04, 2026
The Ahmedabad MBA: Built for High Impact Roles in a Connected World

Ahmedabad University Reimagines the MBA for New-Age Roles in a Connected Global Economy

Mar 04, 2026