In order to purchase up to a 40% stake in Snapwork Technologies through primary and secondary transactions for Rs93 crore, the top NBFC has signed a share purchase agreement.
The biggest two-wheeler manufacturer in the nation announced that starting on December 1, it will raise the pricing of its motorbikes and scooters by up to Rs1,500.
The oil marketing firm raised Rs2,500 crore through the private sale of 25,000 7.44% NCDs with a face value of Rs10 lakh each.
The real estate company aims to generate Rs8,000 crore in sales income from its upcoming launch of a premium housing project in Ashok Vihar in the national capital during the March quarter.
On Day 1 of its Pink Friday sale, beauty and fashion e-commerce company Nykaa saw a 12-fold increase in revenue and a gain of 75% in gross product value.
The onboarding of online merchants by Paytm Payments Services has been placed on hold by the banking regulator RBI, despite the company’s claims that this will not materially affect its business.
The power exchange announced that a request to repurchase shares worth Rs98 crore has been accepted by the board.
As a result of its subsidiary Jaykaycem’s successful starting of cement grinding capacity at its recently established cement manufacturing facility in Uttar Pradesh, the cement business has doubled its annual capacity for grinding cement by 2 million tonnes.
Between November 28 and December 19, the gold loan player will publicly offer secured redeemable non-convertible debentures with a face value of Rs1,000 apiece in order to raise Rs300 crore.
After its strategic sale, the institution will continue to operate as an “Indian private sector bank,” and the remaining 15% government ownership after privatization will be regarded as “public shareholding,” according to the finance ministry.
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