LiveCanara Bank Allots Over 16.73 Crore Shares in Rs 2,500 Crore QIP
State-run Canara Bank has said it had approved allotment of over 16.73 crore shares in the Rs 2,500 crore qualified institutions placement (QIP) that closed...
Category : BUSINESS
Adani Ports Gets AP Govt Approval For 10.4% Stake Acquisition in Gangavaram Port
Adani Ports had announced the approval of a proposal to acquire a 10.4 per cent stake of Gangavaram Port (GPL) by the company from the...
Ice Cream Brand Noto Raises Rs 4 Crore in Funding
Ice-cream brand Noto that sells low-calorie ice-creams and popsicles has raised Rs 4 crore in pre-series A funding led by a clutch of investors, including...
India’s Mobile Phone Exports Grow 250% in June Quarter
Mobile phone exports from India grew a massive 250 per cent year-on-year in the April-June quarter, according to the India Cellular and Electronics Association (ICEA)....
HDFC Capital to Invest Rs 150 Crore in Eldeco’s Plotted Projects
HDFC Capital Affordable Real Estate Fund 1 (H-CARE 1) had managed by HDFC Capital Advisors Ltd, which will invest Rs 150 crore in Eldeco Infrastructure...
Tata Sons Gives the Approval to Raise Rs 40,000 Crore in Debt
Tata Sons, the holding company of Tata Group, has sought shareholders’ approval to raise to Rs 40,000 crore via bonds, including non-convertible debentures, according to...
Eicher Motors Re-appoints Enfield’s Turnaround Siddhartha Lal as MD
In a relief for Siddhartha Lal, who faced blowback from the shareholders over his reappointment and pay hike, the board of directors of Eicher Motors...
CCI Slaps Penalty of Rs 200 Crore on Maruti Suzuki
On Monday, the Competition Commission of India (CCI) has imposed a fine of Rs 200 crore on the country’s biggest carmaker Maruti Suzuki India Ltd...
HDFC Bank Plans to Issue 3 Lakh Credit Cards in One Month
HDFC Bank is looking at winning back the market share by several cards next year, a senior official said on Monday. The largest private sector...
Arvind Fashions Raises Rs 439 Crore From Promoter
Arvind Fashions Ltd (AFL) has raised Rs 439 crore from various marquee investors, including promoters, by issuing equity shares of the company. This will “significantly...