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  • M&M Finance approves Rs 3,000 crore rights issue, sees 'tremendous growth opportunity' in consumption

    The NBFC said it sees 'tremendous growth opportunity' with regard to India’s domestic consumption growth, going forward, and the capital raise will support the company's growth aspirations for next few years.

  • Aerospike secures $109-million investment to meet growing demand for data solutions

    Aerospike secures $109-million investment to meet growing demand for data solutions

    The software firm known for its advanced NoSQL database tailored for high-performance transactional and analytical operations, said the injection of funds signals confidence in Aerospike's product offerings and business performance.

  • Farmley raises Rs 56 cr from BC Jindal Group, others; hits Rs 300 cr annual recurring revenue

    Farmley raises Rs 56 cr from BC Jindal Group, others; hits Rs 300 cr annual recurring revenue

    Existing investors DSG Consumer Partners, Omnivore and Alkemi Partners also participated in the funding round.

  • Investcorp Capital seeks up to $403 million in UAE listing

    Investcorp Capital seeks up to $403 million in UAE listing

    The price range for the investment vehicle was set at 1.90 dirhams to 2.30 dirhams per share, according to a statement

  • Hinduja in talks with private debt funds for about $800 million

    Hinduja in talks with private debt funds for about $800 million

    Over the last five years, the country notched up the highest investment volume in Asia, according to research from the Global Private Capital Association, a body representing investors.

  • Aditya Birla Fashion to raise Rs 750 cr

    Aditya Birla Fashion to raise Rs 750 cr

    The company will raise funds on a private placement basis, Aditya Birla Fashion and Retail (ABFRL) said in a regulatory filing.

  • Nazara Technologies to raise up to Rs 750 crore

    Nazara Technologies to raise up to Rs 750 crore

    The board, in a meeting held on Monday, also authorised the increase in share capital from Rs 30 crore to Rs 50 crore, according to a regulatory filing.

  • Aditya Birla Capital raises Rs 3,000 cr from promoters, investors

    Aditya Birla Capital raises Rs 3,000 cr from promoters, investors

    The company, whose businesses include lending, asset management and insurance, will use the freshly raised money for augmenting the capital base, improving the solvency margin and leverage ratio and meeting the growth and funding requirements, the statement said.

  • Will raise up to Rs 7,000 crore more this fiscal; credit card subsidiary launch likely by Q3, says Canara Bank MD

    Will raise up to Rs 7,000 crore more this fiscal; credit card subsidiary launch likely by Q3, says Canara Bank MD

    The bank will continue reporting a “decent” double-digit growth, with a focus across retail, MSME and corporate loans, managing director and chief executive officer LV Prabhakar has said

  • Received two EoIs for Rs 48,000 stressed loan pool auction: Prashant Kumar, YES Bank MD

    Received two EoIs for Rs 48,000 stressed loan pool auction: Prashant Kumar, YES Bank MD

    YES Bank Board had on July 15 approved US based JC Flowers Asset Reconstruction Company's bid to be considered the base bid for the proposed sale of stressed assets via Swiss challenge auction.

  • Yes Bank will not be allowed to fail: SBI Chairman

    Yes Bank will not be allowed to fail: SBI Chairman

    The SBI chief added that he was sure some solutions would emerge

  • ICICI Bank may raise Rs 20,000cr via 6-7% stake sale to institutional investors

    ICICI Bank may raise Rs 20,000cr via 6-7% stake sale to institutional investors

    The move, which would be the largest such capital raise in India, is aimed at subverting liquidity squeeze created in the sector after the IL&FS debacle and subsequent busts

  • As Yes Bank rises 2%, here’s what analysts are talking about it

    As Yes Bank rises 2%, here’s what analysts are talking about it

    Analysts largely remain upbeat on the stock, citing good financials and a healthy growth to loan book.

  • Collection efficiency in UP at 90% from 40% in Nov: Satin Credit

    Collection efficiency in UP at 90% from 40% in Nov: Satin Credit

    "UP has been there at the collection deficiency at the start of the demonetisation. However, on a month-to-month basis, the collection efficiency now is close to about 90 percent compared to 40 percent in November", HP Singh, Founder & MD at Satin Creditcare told CNBC-TV18.

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