Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Bharat Bond ETF to launch NFO to raise…
New Delhi: Bharat Bond Exchange Traded Fund (ETF), India’s first bond exchange-traded fund, will launch a new fund offer (NFO) in July to raise Rs 14,000 crore in two new series. The proceeds will be…
Jio Platforms set to raise Rs 5863.50 crore…
Jio Platforms is set to raise an additional Rs 5863.50 crore from Abu Dhabi Investment Authority (ADIA) by selling 1.16% equity stake. ADIA is now the seventh investor to pick up a stake in the…
Jindal Stainless Q4 results: Firm posts net loss…
MUMBAI: Jindal Stainless reported a net loss of Rs 22 crore for the fourth quarter of FY20 against a profit of Rs 32 crore in the same period last year. Profit for the the whole…
Jio Platforms to raise an additional Rs 4546.80…
MUMBAI: Jio Platforms is set to raise an additional Rs 4546.80 crore from Silver Lake and co-investors, taking the total investment by the private equity firm to Rs 10,202.55 crore for a 2.08% stake. Silver…
RIL’s Rs 53,124 crore rights issue oversubscribed 1.59…
NEW DELHI: Reliance Industries’ Rs 53,124 crore rights issue, which closed on Wednesday, received a robust response from shareholders as the issue got subscribed 1.59 times. The allotment of equity shares will happen on June…
Tata Power completes 51% stake buy in Odisha’s…
New Delhi: Tata Power on Monday said it has completed the acquisition of 51 per cent stake in TP Central Odisha Distribution Ltd (TPCODL) for Rs 178.5 crore. TPCODL carries out the business of Central…
Manappuram Finance to raise up to Rs 500…
Manappuram Finance Ltd on Monday said it plans to raise up to Rs 500 crore through issuance of non-convertible debentures on a private placement basis. "The financial recourse and management committee of the board of…
Kotak Mahindra Bank raises Rs 7,442.5 crore via…
Mumbai: Private sector lender Kotak Mahindra Bank (KMB) has raised Rs 7,442.5 crore through a qualified institutional placement (QIP) of shares. The bank on Saturday issued 6.5 crore shares at a price of Rs 1,145…