LiveApollo Hospital to Rise Rs 105 Crore via NCDs
Through a private placement basis, Apollo Hospitals Enterprise helps to raise Rs 105 crore by non-convertible debentures (NCDs) to ICICI Bank. On December 14, 2022,...
Category : BUSINESS
GMR Hyderabad International Airport Raises Rs 1,150 Crore Via NCDs
GMR Hyderabad International Airport Ltd (GHIAL), a GMR Group subsidiary, said on Wednesday it has raised funds through a private placement of 10-year listed, rated,...
Tata Communications Shifts Non-Network IoT Business to its Unit
According to a press release, Tata Communications Limited entered into a business transfer agreement on December 14 to sell the company’s non-network IoT business to...
Carlyle, Advent Acquired 9.99% Stake in Yes Bank, Infuse Around Rs 8,896 Crore
On Tuesday, Yes Bank said that private equity giants Carlyle Group and Advent had acquired a 9.99% stake in the bank. Together, the two private...
Bank of Baroda Proposes Sale of Majority Stake in Nainital Bank
On Tuesday, the state-owned Bank of Baroda (BoB) said it planned to sell its majority stake in Nainital Bank. The bank’s board has approved the...
Paytm’s Surprise Share Buyback Plan Raises Questions
Paytm‘s plan to buy back shares has investors surprised and worried about the loss-making Indian fintech’s growth prospects as it uses funds to prop up...
HDFC-HDFC Bank Merger Set to Shake Up India’s Debt Market
India’s biggest merger could snatch one of its biggest issuers from the rupee bond market, and its absence could weigh on bond sales and bank...
IBM Partners with New Japanese Chipmaker Rapidus to Make Advanced Chips
On Tuesday, IBM said it was working with Rapidus, a newly formed chipmaker backed by the Japanese government, to help it make its most advanced...
Huawei and Oppo Signs Global Patent Cross-Licensing Agreement
Chinese smartphone maker Huawei and BBK Electronics’ Chinese manufacturer Oppo have signed a global patent cross-licensing agreement, including essential cellular patents such as 5G. As...
Paytm’s Loan Volume Jumps 150% in October-November
One 97 Communications Ltd, the operator of Paytm, India’s largest digital payments provider, saw loan volumes rise 150% in October-November from a year earlier. The...