Muthoot Finance to Prepay $550 Million External Commercial Borrowings
Gold loan lender Muthoot Finance announced in a March 28 exchange filing that it plans to prepay $550 million in external commercial borrowing due September...
Author : Nilesh
Allcargo Logistics Increases Stake in Gati-Kintetsu Express, Shares Up 5%
Shares of Allcargo Logistics rose 5% on March 27 after the company said it would acquire a 30% stake (or 150,000 shares) in Gati-Kintetsu Express...
Kotak Mahindra Bank Unit Raises $1.25 Billion for 2nd Special Situations Fund
On Tuesday, an arm of Kotak Mahindra Bank announced it had raised $1.25 billion for its second special situations fund. Funds raised will be used...
Bandhan Bank Shares Slump to 3-Year Low
Shares of Bandhan Bank hit a three-year low of Rs 185.45 in intraday trade on Tuesday, falling 6% on the BSE on heavy volume. Shares...
Apple Quietly Acquired AI-Powered Video Compression Startup WaveOne
Apple quietly acquired WaveOne, a California-based startup that develops AI algorithms for video compression. While Apple did not announce the acquisition, Bob Stankosh, former WaveOne...
IMK Capital Invests in AVPL at Rs 500 Crore Valuation
Leading private equity firm IMK Capital announces investment in AVPL, a fast-growing technology company, at a valuation of Rs 500 crore. This strategic investment will...
Deadline for Nominations in Trading and Demat Accounts Moved to September 30
Securities and Exchange Board (Sebi) of India announced on March 27 that the deadline for trading and demat account holders to nominate or opt out...
Oracle Credit Hits Upper Circuit as Board Approves Fundraising Plans
Shares of Oracle Credit were trading higher on March 28 after the company’s board of directors approved its fundraising plan. “Subject to approval, the company...
PNC Infratech Emerges as Lowest Bidder for Highway Project, Shares Soar 7%
PNC Infratech shares rose 7% in early trade on March 28 after the company emerged as the lowest bidder for a road project authorised by...
Kalyan Jewellers’ Share Falls 11% in Block Trade, Swapping More Than 39 Million Shares
Kalyan Jewellers India (KJIL) shares fell 11% to Rs 105.60 on the National Stock Exchange (NSE) in intraday trade on Tuesday after more than 3%...