June 25, 2024 14:17 (IST)
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'Spoke to Mallikarjun Kharge thrice': Rajnath Singh on building consensus for Lok Sabha Speaker's post | INDIA bloc pits K Suresh against Om Birla for Lok Sabha Speaker's post after no Govt-Opposition consensus | NDA picks Om Birla as Lok Sabha Speaker again | Afghanistan beat Bangladesh to reach T20 World Cup 2024 semifinal, Australia crash out | Replace Mumbai unit chief: Maharashtra Congress leaders write to Mallikarjun Kharge

Zepto raises $665 million in funding, company value goes up to $3.6 billion

Quick-commerce company Zepto on Friday announced it has secured $665 million in a funding round, which has doubled its valuation to $3.6 billion, media reported.

SBI to raise Rs 10,000 cr via infra bonds: Report

Mumbai: The State Bank of India (SBI), the country's largest lender, has initiated discussions with market participants to raise approximately Rs 10,000 crore ($1.20 billion) through infrastructure bonds, reported Reuters on Tuesday, citing two merchant bankers.

Adani Enterprises to raise Rs 16,600 cr via QIP route

Mumbai: The board of Adani Enterprises has approved a plan to raise Rs 16,600 crore through the Qualified Institutional Placement (QIP) route, as announced in an exchange filing on Tuesday.

Vodafone Idea to raise Rs 20,000 cr via equity

Mumbai: Vodafone Idea Ltd is poised to raise Rs 20,000 crore through a combination of equity and equity-linked instruments following approval from the company's board, media reports said.

SBI’s Basel III compliant Additional Tier 1 Bond Issuance

Mumbai: Public sector lender State Bank of India (SBI) raised Rs 5,000 crore on Thursday through its second Basel III compliant Additional Tier 1 bond issuance for the current financial year at a coupon rate of 8.34 percent.

SpiceJet shareholders approve plan to raise funds via shares and warrants

Mumbai: Shareholders of SpiceJet have approved the company's proposal to raise funds through the issuance of equity shares and warrants, according to a regulatory filing following the annual general meeting (AGM) on January 10.

SpiceJet to raise Rs 2,250 cr via equity to push growth and improve financial position

Mumbai: SpiceJet's board on Tuesday approved the raising of fresh capital exceeding Rs 2,250 crore, ET reported.

Adani Energy Solutions plans to raise $360 million through bonds

Mumbai: Adani Energy Solutions (AESL), formerly known as Adani Transmission, is planning to raise $360 million through bond issuance on a private placement basis, a report in the media said.

L&T raises Rs 1,500 crore via Non-Convertible Debentures

Mumbai: Engineering firm Larsen and Toubro (L&T) Thursday announced that it has garnered Rs 1,500 crore via Non-Convertible Debentures (NCDs).

IDFC First Bank planning to raise Rs 3,000 crore in debt capital through Tier-ii bonds

Mumbai: After its recent equity capital infusion of Rs 3,000 crore, IDFC First Bank is now gearing up to raise the same amount through debt capital, specifically Tier-II bonds, Business Standard reported.

SBI raises Rs 10,000 cr via infra bonds

Mumbai: India’s largest lender State Bank of India (SBI) announced the successful issuance of its fourth set of infrastructure bonds, raising Rs 10,000 crore at a coupon rate of 7.49 percent.

SBI to raise Rs 50,000 cr from Indian and overseas markets in FY24

Mumbai: The State Bank of India (SBI) on Friday announced its plan to raise up to Rs 50,000 crore through debt instruments during the current fiscal year.

Walmart's stake in fintech subsidiary PhonePe drops to 85%

Retail behemoth Walmart’s shareholding in fintech company PhonePe has dropped from 89 percent to 85 percent amid the latter’s fundraise of $1 billion, media reports said.

HDFC Bank to raise $6 billion in debt over next 1 year: Report

Mumbai: HDFC Bank Tuesday announced its plan to consider raising debt of 500 billion rupees (approximately $6 billion) within the next 12 months, Reuters reported.

PhonePe raises another $200 million in ongoing funding from largest shareholder Walmart

Bengaluru: Digital payments and financial services company PhonePe has raised an additional $200 million as part of its proposed $1 billion funding round from its largest shareholder, Walmart. The funding was secured at a pre-money valuation of $12 billion.