Fri, Mar 05, 2021
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PE firm Advent to buy controlling stake in ZCL Chemicals at enterprise value of Rs 1,700 cr
Published On: Feb, 08, 202103:46 PMPrivate equity fund Advent International will acquire a controlling stake in pharmaceutical company ZCL Chemicals for an enterprise value of Rs 1,700 crore, sources said on Monday. Morgan Stanley...
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Yes Bank board to discuss raising funds on Jan 22
Published On: Jan, 18, 202103:11 PM
Yes Bank on Monday said that its Board of Directors will consider raising funds by issuing equity shares, depository receipts or debentures among other options, in its meeting on January 22.
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Net outflows via equity MFs at Rs 10k cr
Published On: Jan, 08, 202111:59 PM
Equity and equity-linked mutual fund schemes saw a net outflow of Rs 10,147.12 crore in December, showed data from the Association of Mutual Funds in India (AMFI) on Friday.
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Union Bank gets shareholders nod to raise up to Rs 6,800 cr
Published On: Dec, 30, 202006:24 PM
Shareholders of Union Bank of India on Wednesday approved the bank's proposal for raising up to Rs 6,800 crore equity capital to fund business growth.
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Market inches-up on late hour buying spree, IT stocks rise
Published On: Dec, 18, 202008:39 PM
IT and pharma indices were the main gainers while bank, realty, energy, metal and infra indices lost ground.
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Competition Comm to conduct market study on private equity investments: Chairperson
Published On: Dec, 04, 202003:45 PM
Fair trade regulator CCI will shortly commence a study on private equity (PE) investments in the country to look at various aspects, including whether PE investors' rights in invested companies could...
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Union Bank to seek shareholders nod to raise up to Rs 6,800 cr equity capital
Published On: Dec, 03, 202010:21 PM
Union Bank of India (UBI) will hold an extraordinary general meeting (EGM) later this month to seek shareholders' approval for raising up to Rs 6,800 crore equity capital.
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Net DII outflow highest in Nov, while FIIs log biggest monthly inflow
Published On: Dec, 01, 202002:35 PM
The Indian equity market witnessed a significant dichotomy in November as the domestic institutional investments (DII) logged the highest outflow of funds at $5.9 billion, although net foreign...
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Sebi proposes relaxation in equity dilution norms for large IPO issues
Published On: Nov, 20, 202006:00 PM
Markets regulator Sebi on Friday proposed to reduce the minimum offer size in an initial share-sale, whereby companies with a post-issue capital of above Rs 10,000 crore would be required to offer at...
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Google will hold itself accountable on racial equity: Pichai
Published On: Oct, 23, 202011:35 AM
In a commitment to advance racial equity, Alphabet and Google CEO Sundar Pichai has said that the company will hold itself accountable for creating an inclusive workplace.
