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Mahindra Finance taps i-banks for rights issue

New Delhi, June 30 -- Mahindra and Mahindra Financial Services Ltd has hired several investment banks such as Kotak Mahindra Capital and Axis Capital to manage its proposed rights issue, said two peop... Read More


Aditya Birla Fashion to launch Rs 995-cr rights issue on 8 July

Mumbai, June 29 -- Aditya Birla Fashion and Retail Ltd (ABFRL) will be launching a rights issue aimed at raising Rs.995 crore on 8 July. The rights issue, which will allow existing shareholders of th... Read More


Cultural due diligence will become important in dealmaking: Report

MUMBAI, June 29 -- In the post covid-19 world of dealmaking, investors will increase focus on cultural alignment and tools to assess and manage the culture of an investment target, investors said in a... Read More


Brookfield acquires Jet Airways' BKC office space for Rs.490 cr

New Delhi, June 27 -- Canadian investment firm Brookfield Asset Management is acquiring two floors of office space in Mumbai's business district of Bandra Kurla Complex (BKC) from grounded Jet Airways... Read More


Piramal Enterprises raises Rs.2,590 cr debt from US firm

New Delhi, June 27 -- Piramal Enterprises Ltd has raised Rs.2,590 crore by issuing debt securities to San Francisco-based investment firm Farallon Capital, said a person aware of the development. "Th... Read More


Vedanta shareholders in favour of delisting

mumbai, June 27 -- Public shareholders of Anil Agarwal-controlled Vedanta Ltd have approved a special resolution that paves the way for delisting the company's shares from Indian stock exchanges, the ... Read More


Piramal Enterprises raises Rs.2,590 crore in debt from Farallon Capital

MUMBAI, June 26 -- Ajay Piramal-controlled Piramal Enterprises Ltd has raised Rs.2,590 crore through issuance of debt securities to US-based investment firm Farallon Capital, said a person aware of th... Read More


Mindspace REIT looks to shrug off Covid-19 blues

Mumbai, June 26 -- Mindspace Business Parks REIT has restarted work on its initial public offering (IPO), three people aware of the development said, as the resumption of economic activity brightens o... Read More


Mindspace REIT looks to shrug off covid-19 blues

Mumbai, June 25 -- Mindspace Business Parks REIT has restarted work on its initial public offering (IPO), three people aware of the development said, as the resumption of economic activity brightens o... Read More


Camlin Fine Sciences raises $23.8 million from Convergent Finance

New Delhi, June 25 -- Convergent Finance LLP, an investment advisor to Infinity Investment Management, on Thursday said that it is investing up to Rs180 crore ($23.8 million) in Camlin Fine Sciences L... Read More