New Delhi, Feb. 21 -- Tata Steel has acquired 191 crore equity shares of T Steel Holdings Pte for approximately $300 million (around Rs.2,603.16 crore). Following this acquisition, T Steel will remain a wholly owned subsidiary of Tata Steel. The acquisition is part of the company's strategy to strengthen its global presence and expand its portfolio in the steel sector.

Mahindra & Mahindra Financial Services (MMFSL), a listed subsidiary of Mahindra & Mahindra, has received board approval to raise up to Rs.3,000 crore through a Rights Issue of Equity Shares. Additionally, Mahindra Lifespace Developers Limited (MLDL), another listed subsidiary, has been authorized by its board to raise up to Rs.1,500 crore via a Rights Issue. Both fundraisi...