Latest Updates Around The World
The Cabinet Committee on Economic Affairs in May 2021 gave ‘in principle’ approval for the strategic disinvestment and transfer of management control in IDBI Bank | Photo credit: ADNAN ABIDI As the strategic sale of IDBI Bank enters its final phase, the government is expected to include sale proceeds of over ₹32,000 crore in the […]
The IPO momentum shows no signs of slowing down as another 20 companies, including ICICI Prudential AMC, Meesho and Juniper Green Energy, prepare to launch their public offerings that could collectively raise nearly Rs 40,000 crore in the next two months, investment bankers said.This robust pipeline will add prominent names such as artificial intelligence company […]
Adani Enterprises will spread the proposed rights issue of up to ₹25,000 crore (its largest ever fundraising) over four equal tranches and a period of six to eight months, sources aware of the development said.The company plans to use a significant portion of the rights issue to repay shareholder loans extended by the promoter. This […]
