Vodafone Group Raises Shares Offered In Indus Tower Stake Sale
Vodafone will offload 48.47 crore shares, estimated to be worth Rs 16,528.3 crore, according to a term sheet accessed by NDTV Profit. Vodafone will price the shares between Rs 310 and Rs 341 each.
Piramal Finance Crosses Rs 50,000 Crore In Retail Assets
Piramal Finance achieves a milestone, crossing Rs 50,000 crore in retail assets, with a significant 132% growth in retail loans since March 2022.
The Pant Project raises $4.25 mn in series-A round led by Sorin Investments
The D2C fashion brand plans to double down on its omnichannel retail strategy and cross Rs 100 crore in revenue within the next 18-24 months
PNB Housing Finance To Raise Rs 10,000 Crore Through NCDs
The mortgage firm aims to grow its loan book by 17% with focus on the affordable segment.
UGRO Capital Raises Rs 1,400 Crore In Equity Capital, Rs 1,265 Crore In CCDs
The company successfully allotted CCDs worth Rs 258 crore and warrants worth Rs 1,007 crore, with backing from existing private equity investor Samena Capital
Goldman Sachs sells 44.20 lakh shares worth Rs 183 crore in Paytm via block deal
As per the shareholding data of One 97 Communications, Goldman Sachs Singapore held 84,01,067 shares or 1.32% stake in the fintech payment platform. Paytm shares on Tuesday settled in the red, breaking their two-sessions winning streak.
InCred Equities downgrades Adani Ports to reduce, sees downside potential of 8%
InCred Equities downgraded APSEZ shares to 'reduce' from 'hold' with a target price of Rs 1,329 amid steep valuation of the stock.
IIFL Finance Q4 Results: Profit Falls, AUM Rises Amid Regulatory Challenges
The company's assets under management, or AUM, rose 2% quarter-on-quarter in the quarter ended March 2024. Total AUM rose 22% on year to Rs 78,960 crore.
The best time to invest in India was in 1991 and the second best time is today: Ramesh Damani
One can’t be rich in a bull market making 20 points on a stock. You get rich in a bull market when the stock goes up 5X, 10X. Super investor Ramesh Damani says the retail investor should be in the long-term category as opposed to the trading category,
BPCL to invest Rs 1,400 cr to set up sustainable aviation fuel facilities
The company operates three refineries located in Mumbai, Kochi, and Bina (Madhya Pradesh), with collectively refining capacity of 35.3 million metric tonnes per annum
SBI plans to raise Rs 10,000 cr via infrastructure bonds, say bankers
This will be the lender's first bond issuance and the country's first infrastructure bond sale this financial year
HUDCO raises $200 mn from overseas lenders for its foray into loan market
The state-run body has raised the five-year money as part of its inaugural 'social loan', Japan's Sumitomo Mitsui Banking Corporation (SMBC) said
HAL shares rally 6% as Ministry of Defence to procure ‘Prachand’ helicopters
Shares of HAL soared 6% to reach an all-time high of Rs 5,484.20 on the Bombay Stock Exchange (BSE) during Tuesday's trading session. The surge came after the company disclosed that the Ministry of Defence has issued a request for proposal (RFP) to procure 156 Light Combat Helicopters from HAL.