LiveAxis Bank to Acquire Nearly 10% Stake in Go Digit Life Insurance
The country’s third-largest private sector lender, Axis Bank, will invest around Rs 50-70 crore for a less than 10% stake in Fairfax-backed Go Digit Life...
Category : BUSINESS
JSW Energy Plans to Raise $30.6 Million Through 3-Year Bonds
On Wednesday, JSW Energy reported that it plans to raise Rs 2.5 billion ($30.6 million) through the sale of bonds. The bonds would be maturing...
IFCI Preferential Issue Approves by Board up to Rs 100 Crore to Central Govt
The Central government is the company’s promoter and holds a 64.86 per cent stake in IFCI. On 27 September 2022, the board of directors of...
BHEL Secures 2×660 MW Thermal Power Project from NTPC
State-owned Bharat Heavy Electrical Limited (BHEL) said on Tuesday it had received an order from NTPC to build a 2×660 MW thermal power project. The...
Torrent Pharma Acquires Curatio Healthcare for Rs 2000 Crore
Curatio Healthcare signed an agreement with Torrent Pharma to acquire 100 per cent share of this (Curatio) company. Cash and cash equivalent of Rs 115...
Goldman Sachs Closes $9.7 Bn Private-Equity Fund, Largest Since 2007
On Tuesday, Goldman Sachs Group Inc (N:GS) said that it had closed a USD 9.7 billion private-equity fund that seeks to invest in companies with...
HCC’s Shares Rise Nearly 20% on Finishing Debt Resolution Plan
On Tuesday, shares of construction firm Hindustan Construction Company (HCC) went up by 20 per cent after the company took out part of its debt...
FTX Crypto Exchange to Acquire Bankrupt Voyager’s Assets
On Monday, Voyager Digital said crypto exchange FTX had won its assets in a USD 1.42-billion bid at an auction. Earlier this year, Voyager Digital...
Dish TV Shares Plunge 10% as Shareholders Reject Results, Auditor Appointment
On Tuesday, shares of Dish TV dropped as much as 10 per cent, a day after shareholders of the broadcast satellite service provider rejected audited...
Torrent Pharma to Acquire Curatio Health for Rs 2,000 Crore
On Tuesday, Torrent Pharmaceuticals said it would acquire Curatio Healthcare for Rs 2,000 crore to strengthen its presence in the dermatology segment.Torrent Pharmaceuticals has entered...