LiveLIC Housing Finance to Raise Rs 2,334 Crores
LIC Housing Finance plans to raise about Rs 2,334.69 crore through the preferential equity shares to the Life Insurance Corporation of India (LIC). In a...
Category : BUSINESS
Apollo Hospitals Pegs a $2.3 Billion Sales Target For New Company
Apollo Hospitals Enterprise (AHEL) is restructuring its operations by setting up a separate company to house its pharmacy and online digital assets. The reorganisation will...
RIL to Invest Rs 75,000 Crore in Clean Energy
Reliance Industries Ltd (RIL) had announced yet another game-changing move, a mega entry into green energy. The company plans to get into solar power generation...
Reliance Announced Partnership With Google For JioPhone Next
Reliance Chairman Mukesh Ambani, on Thursday, during Annual General Meeting, announced that JioPhone Next, a smartphone developed by Reliance Jio in partnership with Google, will...
Wipro Raises $750 Mn From Overseas Bond Sale
On Thursday Wipro Ltd said its step-down subsidiary, Wipro IT Services, has raised USD 750 million from an overseas bond sale. Last week, Wipro had...
Paytm Extends Deadline to Submit Documents for Share Sale to June 30
Paytm has extended the deadline for shareholders, employees, and former employees to submit their documents by June 30, if they wish to sell their shares...
DHFL Creditors, Depositors Reject Distribution Proposal
The committee of creditors (CoC) to Dewan Housing Finance Corp. Ltd (DHFL) has overwhelmingly rejected a proposal to increase recoveries for smaller investors, including fixed...
Heineken Buys Additional 39.6 Million Shares in United Breweries
United Breweries Ltd witnessed a series of block deals on the exchanges on Wednesday, with around 39.64 million shares, comprising a 15 per cent stake...
Flipkart Considering Buyback of ESOPs Worth $125 Million
Flipkart is considering a buyback of Employee Stock Options (ESOPs) worth nearly $125 million while it works on a proposed fundraising round. Flipkart has already...
Axis Bank Stocks Jumped 72% in Last Year
The shares of Axis Bank have gained strength in the last year, outrunning the benchmark index Sensex by a significant margin, yet analysts and brokerages...