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The Latest Breaking News from Premji Invest

Adani Enterprises shares gain over 4% as airports arm plans to raise $1 billion from Temasek, BlackRock, others

Adani Enterprises shares rose over 4% after Adani Airport Holdings announced a Rs 9,825-crore equity raise from Alpha Wave Global, Premji Invest, Temasek and BlackRock-managed funds. The funds will support airport expansion, modernisation and Airport City projects. AAHL expects the investment to boost capacity, while Adani Enterprises continues delivering strong…

The Economic Times

Adani Energy’s Rs 3,500 crore QIP oversubscribed 3.1 times as FIIs, MFs and Azim Premji firm make bids

Adani Energy’s Rs 3,500 crore QIP oversubscribed 3.1 times as FIIs, MFs and Azim Premji firm make bids

Adani Energy Solutions' Rs 3,500 crore QIP was oversubscribed 3.1 times, attracting bids worth over Rs 10,800 crore from domestic mutual funds, insurers, foreign investors and Premji Invest. The issue was priced at Rs 1,615 per share, a discount to the SEBI floor price. The proceeds will fund capital expenditure,…

The Economic Times

Cube Highways Trust InvIT raises Rs 1,687 crore from Premji Invest, other anchor investors ahead of its IPO

Cube Highways Trust InvIT raises Rs 1,687 crore from Premji Invest, other anchor investors ahead of its IPO

Cube Highways Trust InvIT raised Rs 1,687.5 crore from anchor investors ahead of its Rs 5,000-crore public issue opening on July 22. Backed by marquee institutional investors, the issue is a 100% offer for sale and provides exposure to a diversified portfolio of operational road infrastructure assets across India.

The Economic Times

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Vedanta Iron and Steel, Vedanta Aluminium, 2 other stocks drop up to 5%. What’s spooking investors?

Recently listed Vedanta stocks experienced a significant decline on Tuesday morning. Vedanta Iron and Steel shares surged sharply after a substantial investment by Premji Invest. This smallcap counter saw its market capitalization more than double before the rally lost momentum. Vedanta Aluminium shares dropped despite reporting record quarterly production figures.…

The Economic Times

Exclusive: Upscale AI wants to be the next Cisco—and it just raised another $190 million

The AI networking startup has now raised $500 million in under 18 months as investors bet the next infrastructure giant will emerge from the race to connect the world's AI chips.

Vedanta Iron and Steel shares hit 5% upper circuit for fourth straight day, surge 20% since listing

Vedanta Iron & Steel shares hit the 5% upper circuit for a fourth straight session, extending gains to over 20% since listing. The rally has been fuelled by strong investor interest, Premji Invest’s Rs 102-crore bulk deal, and optimism that Vedanta’s demerger could unlock value in the standalone business.

The Economic Times

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