LiveAdani Group to Raise $10 Bn For Fund Expansion
Gautam Adani will soon raise at least $10 billion from global investors, including Temasek, GIC and other private equity fund managers. According to the Mint...
Category : BUSINESS
Govt, LIC Jointly Divest 60.72% Stake in IDBI Bank
The Department of Investment and Public Assets Management (DIPAM) on October 7 invited potential bidders to submit expressions of interest (EoI) for the strategic divestment...
Tata Steel Records 2% Growth in Q2 Steel Production
Tata Steel reported a 2 per cent rise in crude steel production to 4.81 million tons in the second quarter of FY23 compared with 4.73...
Muthoot Finance to Raise Rs 300 Crore via Secured NCDs
Muthoot Finance Ltd announced raising Rs 300 crore by issuing secured redeemable non-convertible debentures (NCDs) of Rs 1,000 each. From 6 October to 28 October,...
Lupin Partners with Global Agencies to Support TB Prevention Treatment Initiatives
On Friday, Pharmaceutical company Lupin said that it has partnered with Unitaid, the Aurum Institute, the Clinton Health Access Initiative (CHAI) and other global procurement...
Bajaj Finance Raises FD Interest Rate by up to 30 bps
Bajaj Finance Limited has increased the Interest Rates on their Fixed Deposit (FD) by up to 30 basis points for tenors between 24 to 30...
Credit Suisse Seeks to Reassure Investors With $3 Billion Debt Buyback
Credit Suisse will buy back as much as 3 billion Swiss francs ($3 billion) in debt, the troubled Swiss bank said on Friday, to give...
SEBI Clarifies Guidelines Regarding Instruction Slip for Shares Pledging
To curb clients’ abuse of the stockbroker’s Power of Attorney (PoA), Sebi on Thursday expanded the scope of the Demat Debit and Pledge Instruction (DDPI)...
Manish Malik Appoints as CFO in Zurai Agro
On 6 October 2022, Zurai Agro’s board approved Manish Malik’s appointment as a chief financial officer (CFO) and key managerial personnel (KMP). Zuari Agro Chemicals...
RattanIndia to Acquire 100% Stake in Revolt Motors, Stock Jumps
On October 7, Shares of RattanIndia Enterprises Limited jumped 10% intraday after the company announced its 100% acquisition stake in the electric motorcycle maker Revolt...