Ltd may together buy a 5% stake in National Stock Exchange of India Ltd (NSE) valued at Rs.900 crore, three people aware of the development said. The stake was put on the block last month by State Bank of India (SBI), the country’s largest lender, which invited bids from potential investors.
Corporation Bank gets the highest infusion of Rs 9,086 crore while Bank of Maharashtra gets the lowest at Rs 205 crore. Finance Minister Arun Jaitley said that discussions in today’s GST Council meet.
The CEO of Aston Martin, the former CEO of Fiat’s commercial vehicle arm, the former head of McKinsey’s auto practice, and the CEO of Federal. banks did slowdown in terms of providing financing to.
He said the leading group of Altico has additionally endorsed raising of assets up to Rs 2,000 crore through a blend of instruments and financing sources including bank lines, business paper and NCDs to bolster the NBFC’s development arranges.
Governor Ralph Northam Unveils Budget Amendments for the 2018-2020 Biennium to the Joint Money Committees Northam also praised the two budget bills – one for the current fiscal year that ends June 30 and the other for the biennium that begins July 1 – for investments in raises for state employees.ElderServe to launch $2.5M capital campaign – Louisville Business First Financial Times launches global b2b campaign 1 Sep 2010. The Financial Times has today launched a major corporate campaign with the strapline "Some tools aren’t a luxury". It is aimed at positioning the corporate FT subscription as an essential business tool that companies cannot afford to.
New Delhi: Public lender Canara Bank on Monday said the government will infuse an equity capital of Rs 947 crore in the bank. It said the board of the bank at a meeting held on Monday approved the.
May get Rs 600-700 cr for entire stake in CARE: IDBI Bank. He believes the bank can get between Rs 600 crore and Rs 700 crore for its entire shareholding.. ChrysCapital arm sells 2.5% stake.
ChrysCapital invests $63M in US-headquartered IT firm Infogain. private equity firm ChrysCapital has invested $63 million (Rs 400 crore) to pick an undisclosed stake in California-headquartered IT consulting and application hosting solutions provider Infogain Corporation, according to a press release. Founded by an executive of Indian origin,
Private equity investor, ChrysCapital is likely to buy Indian denim and casual wear brand, Mufti in a deal estimated at slightly over Rs 500 crore. ChrysCapital is in exclusive discussions with Credo Brands Marketing, the owner of Mufti, and is completing due diligence ahead of signing a definitive buyout deal.
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Multifamily Developers Are Planning For Long-Term Partnerships With Short-Term Rental Operators Most short-term rental providers rely on what Fudin calls the "arbitrage" model. "The arbitrage model is used by companies that believe there’s more money in short-term furnished rentals than long-term unfurnished apartments, so they pay the market rate for a certain number of units for two or three years," he says.
Federal Bank H1 profits grow by 39% to Rs. 460.53 crore Net Interest Income recorded a y-o-y growth of 10.48% as it improved from rs. 548.35 crore in Q2 FY14 to Rs. 605.80 Crore in Q2 FY15