LiveDreamfolks Services Raises Rs 253 Crore from Anchor Investors
On Tuesday, airport services aggregator Dreamfolks Services Ltd raised Rs 253 crore from lead investors ahead of its IPO, which will open today. Investors in...
Category : BUSINESS
Adani Launches Open Offer to Buy 29.2% Stake in NDTV
On Tuesday, Adani Enterprises said that its media unit and two other entities would indirectly buy a 29.18% stake in New Delhi Television Ltd (NDTV)....
NHPC, BEL Signs Agreement to Build Solar Equipment Manufacturing Plant
On Tuesday, NHPC signed a preliminary agreement with Bharat Electronics Ltd (BEL) to build a high-capacity solar equipment manufacturing plant. “NHPC and BEL have signed...
Canara Bank to Raise to Rs 2000 Crore via Basel-III Tier-II Bonds
Canara Bank plans to raise Rs 2,000 crore considering growing credit demands. Of the total amount, Rs 1,000 crore are to be raised through Basel-III...
Crude Oil Prices Rise After Saudi Warns OPEC
Today, Oil prices edged slightly higher, tracking a pause in the dollar rally in early Asia. The Organization of the Petroleum Exporting Countries (OPEC) stands...
Rakesh Jhunjhunwala’s Rare Enterprises-Backed IKS Health to File for IPO Next Month
IKS Health, backed by the late Rakesh Jhunjhunwala‘s investment firm Rare Enterprises, will submit draft documents to SEBI next month for a floating IPO soon,...
LIC Housing Finance Hikes Rates by 50 Bps
Mortgage financier LIC Housing Finance has increased its prime lending rate by 50 basis points from August 22. With this increase, home loan rates will...
Exploring Options to Raise Rs 2000 Crore, Says SpiceJet CMD Ajay Singh
SpiceJet is currently exploring multiple alternatives to raise to Rs 2,000 crore. During an event of ASSOCHAM, SpiceJet’s Chairman and Managing Director Ajay Singh said...
Audi to Hike Prices as Supply Chain Costs Rise
German luxury carmaker Audi on Tuesday expressed that it is going to increase the prices of its entire model range by up to 2.4% next...
NTPC Launches First Part of Gandhar Solar PV Project
On Monday, the state-run NTPC declared commercial operation of the first part capacity of 10 megawatts (MW) out of the 20 MW Gandhar Solar PV...