Discover and connect with journalists and influencers around the world, save time on email research, monitor the news, and more.
Recent: |
|
Past: |
|
The move is expected to provide clarity to IPO bound companies on the disclosures and process to be followed to get these exemptions, as the revised guidelines had led to some companies facing a delay in filing their draft red herring prospectus → Read More
As per the filing, the Adani open offer is now proposed to open for subscription on 22 November and will close on 5 December. → Read More
The Special Situations strategy focuses on asset heavy companies and identifies viable underlying businesses that EAAA believes, have a strong turnaround potential and invest in situations where resolution of assets requires capital and domain expertise. → Read More
InterGlobe Aviation was founded by businessman Rahul Bhatia and airline veteran Rakesh Gangwal in 2006. A dispute between them became public in 2019. → Read More
Immediate payment of ₹350 crore, and the rest ₹50 crore to be paid over the next one year.This is the second round of the insolvency proceedings of Sharon Bio-Medicine → Read More
According to the Reserve Bank of India, inflation expectations are moderating → Read More
RIL chairman steps down from the board of the group’s telecom arm.Akash joined the board of Reliance Jio Infocomm in Oct 2014. He was involved in Jio’s many acquisitions and major stake sales in 2020 → Read More
The fundraising talks had been progressing slowly because of the asset reconstruction company (ARC) deal that Yes Bank was running to offload a large chunk of the bad loans on its books, the people cited above said → Read More
Cube is backed by I Squared Capital, IFC, Abu Dhabi Investment Authority, and a consortium of Japanese investors → Read More
Bond yields soar on fears Fed may hike rates more aggressively this week as inflation zooms → Read More
The proposal for an alternative board to be taken up at the annual general meeting on 15 July → Read More
While FY22 was a record year for AIFs, the alternatives asset class is still an emerging area.The biggest chunk of commitments were for Category 2 AIFs, garnering ₹1.62 trillion worth of commitments → Read More
The Adani family has said that the acquisition would be funded through an offshore special purpose vehicle → Read More
The company has fixed a price band of Rs39-42 per share. The IPO will close on 19 May. The IPO comprises a fresh issue of shares of up to ₹1,004 crore, while existing shareholders of the company, including the promoter entity Zuari Maroc Phosphates Pvt. Ltd and the government of India, will sell 118 million shares through the IPO. The government is offloading its entire 19.55% stake through the… → Read More
A recent regulatory move tightening disclosures about promoter groups of market-bound companies has set off concerns among investment banks who fear estranged family members could misuse them and delay the share sale → Read More
The LIC share sale is on till 9 May, longer than other IPOs, which remain open for three days. Subscriptions will also be open on Sat. LIC will list on the stock exchanges on 17 May.The price band for the share sale has been fixed at ₹902-949 apiece → Read More
The portfolio on sale includes two roads in south India wholly owned by Macquarie and two which it partially owns. Macquarie is seeking an enterprise value of around ₹4,200 crore. Preliminary talks are underway → Read More
The firm will launch a new PE fund with a target corpus of $400 million → Read More
Overall, the IPO witnessed a subscription of 48% on the second day. It was subscribed just 18% on Monday.The portion of the share sale reserved for institutional investors was subscribed 46%, while the high net-worth individual book subscription stood at just 5% → Read More
The company said it has entered into a binding agreement with private equity investor TPG Rise Climate, and co-investor ADQ, to invest ₹7,500 crore in a subsidiary of Tata Motors that will be newly incorporated to manage the electric vehicles business of the company → Read More