Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Exclusive: IPO-Bound Aequs Nets INR 128 Cr Via Rights Issue
IPO-bound Aequs, an aerospace components manufacturer, has secured INR 128 crore via a rights issue. This funding comes as the company prepares for its initial public offering, reportedly aiming for a $200 million IPO later this year. Aequs, which provides end-to-end product solutions for aerospace, toys, and consumer goods, recently converted into a public company and is expanding its manufacturing capabilities through joint ventures.