Mon, Dec 02, 2024
Skoda Auto Volkswagen India on Monday said it is in discussions with a potential partner regarding possible collaboration in India, refuting speculation that it has halted the process of finding a local collaborator after the investigation over alleged customs duty fraud.
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Ola Electric on Monday said it plans a four-fold expansion of its company-owned store network to 4,000 by December 20, 2024.
Thu, Nov 28, 2024
Carbon black major PCBL Ltd on Thursday said that the second and final phase of its specialty chemical capacity expansion at the Mundra plant in Gujarat has been successfully commissioned.
Sun, Dec 04, 2022
"We are planning for our IPO in October-November of 2024, which will be subject to the market conditions," Kabra told PTI adding that by the first half of May, the company will have its balance sheet for FY23 and after that, it will file IPO papers with markets regulator Sebi.
Centrum Housing has entered into a binding agreement to acquire the housing finance business of National Trust Housing Finance, the Centrum group said in a statement, without disclosing the value of the transaction.
Tue, Nov 29, 2022
The company has decided to allot 43.44 lakh equity shares to anchor investors at Rs 577 apiece, aggregating the transaction size to Rs 250.68 crore, according to a public notice uploaded on BSE's website.
Sun, Nov 27, 2022
The company has started bookings for its project 'Mahagun Medalleo' at Sector 107, spread over 40,000 square metres.
Sat, Nov 26, 2022
"As part of our annual operating planning review process, we have made the decision to discontinue Amazon Food," said a company spokesperson.
Wed, Nov 23, 2022
According to Axios, more than 3,000 jobs have been cut till October this year in the media industry, and more are on the way. Warner Bros Discovery has continued to lay off employees amid slowdown.
The initial public offering (IPO) consists of fresh issue of equity shares worth up to Rs 216 crore and an offer-for-sale (OFS) of up to 14.83 lakh equity shares by existing shareholders. At the upper end of the price band, the Ahmedabad-based company would fetch Rs 251.15 crore.
The pilot with Meesho will be launched in Bengaluru and gradually rolled out in other locations in coming months. With this, registered buyers on ONDC will be able to access a list of products available on ONDC through Meesho.
Tue, Nov 22, 2022
Vodafone Idea Ltd's (VIL) board has given its nod to settle Rs 1,600 crore dues to equipment vendor ATC Telecom by converting the due amount into equity, if the amount remained unpaid in 18 months.
Sun, Nov 13, 2022
Vedanta-Foxconn would invest Rs 1,54,000 crore to set up the facility in Gujarat, which would create one lakh job opportunities, Chief Minister Bhupendra Patel had said after the MoU was signed.
PFRDA vide its letter dated November 11, 2022 to HDFC Life, has granted its approval for proposed change in shareholding of HDFC Life, sponsor company of HDFC Pension due to proposed amalgamation i.E. Change in promoter from HDFC Limited to HDFC Bank, it said in a regulatory filing.
Sat, Nov 12, 2022
The company has decided to allot 35.21 lakh equity shares to 16 anchor investors at Rs 541 apiece, taking the transaction size to Rs 190.5 crore, according to a circular uploaded on BSE website.
IHH Healthcare noted that following the recent judgment of the Supreme Court of India, the Special Leave Petition, the Original Contempt Petition and the Suo Moto Contempt Petition are disposed of.
Wed, Nov 09, 2022
The company has allotted 43.76 lakh equity shares to anchor investors at Rs 587 apiece, aggregating to Rs 257 crore, according to a circular uploaded on the BSE website.
Tue, Nov 08, 2022
According to the Red Herring Prospectus (RHP), the company plans to raise Rs 635 crore. The size of the IPO has been reduced as earlier the company had planned to raise Rs 850 crore.
The firm has decided to allocate 1.24 crore equity shares to anchor investors at Rs 474 apiece, aggregating the transaction size to Rs 588 crore, according to a circular uploaded on BSE's website.
Mon, Nov 07, 2022
The quota meant for Qualified Institutional Buyers (QIBs) received 80.63 times subscription, while the non-institutional investors category was subscribed 7.10 times and Retail Individual Investors (RIIs) was subscribed 4.77 times.
Sun, Nov 06, 2022
The acquisition was completed at a fixed consideration of USD 23.4 million subject to certain adjustments. In addition, the definitive agreements provide for payment of annual performance based earnouts over the next four years.
Sat, Nov 05, 2022
The lender improved its asset quality, with the gross non-performing assets (NPAs) coming down to 5.31 per cent of the gross advances by the end of September 2022, from 8.11 per cent in the year-ago period.
The company has cut fresh issue size to Rs 530 crore from Rs 650 crore planned earlier. Besides, there would be an Offer For Sale (OFS) of up to 55.85 lakh equity shares by a promoter and an existing shareholder.
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