Latest news with #CERT-ISB
Time of India
04-08-2025
- Business
- Time of India
FPIs inject Rs 14,247 crore into Indian primary market in July amid IPO surge
ET Intelligence Group: Net inflow of foreign portfolio investors (FPI) in the Indian primary market hit a seven month high of $1.7 billion (₹14,247 crore) amid buoyancy in initial public offerings (IPO). The previous high was in December 2024 when FPIs had invested $2.1 billion (₹18,036 crore) through the primary route. Primary market includes IPOs and private placements. In July, the number of IPOs at 13 was the highest in any of the months of the current calendar year so far. These IPOs collectively raised ₹16,127 crore. In the previous month, while the number of IPOs at eight was less, the amount raised was higher at ₹17,690 crore, skewed by the IPO of HDB Financial Services , which scooped up ₹12,500 crore through a combination of fresh issue and offer for sale. Explore courses from Top Institutes in Please select course: Select a Course Category Others Operations Management Data Science Degree Leadership Product Management Project Management MBA MCA PGDM CXO Digital Marketing Technology Artificial Intelligence Cybersecurity Data Science Public Policy Finance Management healthcare Data Analytics others Healthcare Design Thinking Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Agencies FPIs, however, turned net sellers of Indian equities in secondary market in July amounting to net outflow of $3.7 billion (₹31,988 crore) for the first time in four months following heightened uncertainties related to global trade and geopolitical situation. This resulted in net outflow of $2.1 billion (₹17,740.6 crore) in July, primary and secondary market put together. The benchmark indices have shown signs of fatigue, losing over 3% last month. If the weakness persists, it may affect the flow of new IPOs in the coming weeks thereby impacting the FPI investments in the primary market.
Time of India
29-07-2025
- Business
- Time of India
VFlowTech, IIT Delhi join hands to extract vanadium from refinery waste
Storage solutions provider VFlowTech on Tuesday announced a strategic collaboration with Foundation for Innovation and Technology Transfer (FITT) for research into recovering high-purity vanadium from petcoke. The FITT is an industry interface of the Indian Institute of Technology Delhi ( IIT Delhi ). Explore courses from Top Institutes in Please select course: Select a Course Category Others Data Science Cybersecurity Digital Marketing PGDM MBA Data Analytics MCA Public Policy Finance CXO Product Management Design Thinking Leadership Project Management Data Science healthcare Management Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details The initiative aims to establish India's first circular vanadium ecosystem , converting refinery waste into battery-grade vanadium pentoxide (V₂O₅) - a critical material used in next-generation long-duration batteries that support grid stability and renewable energy deployment, a statement said. According to the statement, this partnership sets the course for a circular, self-reliant vanadium ecosystem - one that turns waste into value, strengthens the domestic supply chain, and accelerates India's energy transition. Backed by its recent USD 20 million Series A+ funding, VFlowTech is investing in India's clean energy future by advancing local research and development capabilities, and supporting a 'Made-in-India' vanadium value chain for vanadium redox flow batteries (VRFBs). Live Events "India's refinery scale presents a unique opportunity to build a homegrown vanadium ecosystem. By repurposing waste into battery materials, we're addressing energy security and industrial sustainability in one step," Avishek Kumar, Co-Founder and CEO of VFlowTech, said. The waste from the refineries produces large amounts of petcoke cinder, which contains significant vanadium content. This collaboration will fill that gap by extracting vanadium domestically from petcoke waste , advancing both economic and environmental sustainability. "By establishing India's first circular vanadium ecosystem, we aim to support the vision of creating renewable energy capacity of 500 GW by 2030," said Anil Verma from the Department of Chemical Engineering at IIT Delhi. As per the industry estimates, the statement said, the global VRFB manufacturing market is on the verge of robust growth between 2025 and 2030 at a compound annual growth rate (CAGR) of approximately 20-25 per cent. Industry projections highlight that the revenue from VRFB manufacturing will surpass USD 2 billion by 2030. Established in 2018, VFlowTech is a deep tech company pioneering vanadium redox flow battery (VRFB) systems and hybrid batteries for long-duration energy storage.
