Havells India on Tuesday, November 19 said it will set up a refrigerator manufacturing facility in Ghlioth, Rajasthan with an investment of around ₹480 crore. The capacity addition is set to be of 14 lakh units and the same is to be added by the second quarter of FY27. The investment will be financed via internal accruals.
Open FlipSayan Ghosh, a former IFC member, has launched Ortella Global Capital, a VC fund targeting Rs 300 crore, to provide hands-on support to start-ups in high-potential sectors, investing up to Rs 15 crore each in over 20 companies, focusing on early and growth-stage startups, with a goal of 10x returns and impact.
Open FlipThe NTPC Green Energy IPO garnered a subscription rate of 12 percent on its opening day, November 19, with investors subscribing to over 7 crore shares against the 59.3 crore shares on offer. Retail Individual Investors (RIIs) led the initial response, subscribing to 50 percent of their allotted 8.6 crore shares, amounting to 4.3 crore shares.
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