LiveGreenko Raises $750 Million Through Offshore Bond Offering
Greenko has raised $750 million through an offshore bond offering. The three-year US dollar-denominated bonds were priced at 5.50 per cent. Deutsche Bank advised the...
Category : BUSINESS
Axis Bank to Acquire Citi’s India Consumer Business for $1.6 Billion
Citigroup Inc had announced that it would sell its Indian consumer businesses to private lender Axis Bank for $1.6 billion, as the US bank exits...
Govt to Raise Rs 3,000 Crore From 1.5% Stake Sale in ONGC
The central government (CG) to sell a 1.5 per cent stake in Oil and Natural Gas Corporation (ONGC) to raise over Rs 3,000 crore through...
IDBI Bank to Raise Over Rs 3,000 Crores Via AT1 Bonds
IDBI Bank plans to raise to Rs 3,000 Crores through additional tier-I (AT-1) bonds in FY23 to fulfil regulatory norms and business growth. It is...
Uday Kotak to Exit IL&FS Even as Firm Resolves Rs 55,000 Crore Debt
Crisis-hit Infrastructure Leasing & Financial Services Ltd (IL&FS) has resolved nearly 55 per cent of the group’s outstanding debt over the last three-and-a-half years, managing...
HDFC Bank Extends Special FD Scheme for Senior Citizens
HDFC Bank’s particular fixed deposit scheme for senior citizens has been extended. The bank offers a specific fixed deposit (FD) scheme for senior citizens called...
HDFC ERGO Launches Digital Customer Rewards Programme
HDFC ERGO General Insurance Co. has launched a digital customer engagement and rewards programme named VAULT. “Under this programme, the insurer will incentivise its Optima...
Indian American Raj Subramaniam to be New CEO of FedEx
Indian American Raj Subramanian would be the new CEO (Chief Executive Officer) of FedEx. The US multinational courier service major made an announcement. The Indian...
Tesla Adds $84 Billion to Its Valuation in Stock Market
Tesla added over $84 billion to its valuation on the stock market after it announced that it is planning a second stock split in the...
Gail India Gains 4% as BOD to Approves Buyback Shares
Shares of Gail India jumped 4 per cent to Rs 153.25 on the BSE in Monday’s intra-day trade after the state-owned utility company announced that...