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DIAL FUNDRAISING
GMR Airports plans Rs 6,000 crore NCD issue to refinance existing liabilitiesGMR Airports is securing ₹6,000 crore through non-convertible debentures. The aim is to refinance current debts. Banks and mutual funds are...
GMR Airports plans to raise Rs 5,700 crore to refinance debtThe company is tapping a mix of banks, NBFCs, and mutual funds at a blended cost of around 10.5%, potentially lowering its average borrowin...
BluSmart halts Delhi airport operations amid Sebi heat on promotersEV ride-hailing startup has pulled out of the Delhi international airport amid regulatory scrutiny and potential stake sale to Uber. A pass...
Trump has reeled in more than $200 million since election dayPresident-elect Donald Trump’s supporters have raised over $200 million to fund his inauguration, political activities, and future presiden...
Vodafone Idea shares down 3%; what’s keeping investors on tenterhooks?Vodafone Idea Share Price: The telecom operator did not disclose the amount it plans to raise, but it could be in one or more tranches thro...
As Vodafone Idea dials in again for fundraise, will the call connect this time or go unanswered?Vodafone Idea is considering fundraising options to raise equity capital, crucial for its survival in the telecom industry. The company rem...
Adani set to acquire online train booking platform TrainmanAdani Enterprises has agreed to acquire 100% equity in Stark Enterprises, operator of online train booking platform Trainman, with no discl...
Corporate Radar: Veeram Securities to trade ex-bonus, Bajaj Auto, Tata Elxsi earnings & moreThe board meeting of Sukhjit Starch and Chemicals is also scheduled for Friday to consider and approve the sale/transfer of land, buildings...
JSW Energy plans $1-b overseas bond issue for clean energy bizJSW Energy reported high plant availability of 84 per cent in 9MFY21 for its Barmer plant, 90 per cent for Ratnagiri for the tied-up capaci...
China getting serious about bad debtHybrid sales by finance companies had fallen 38% this year; credit analyst Nicholas Yap says banks raising capital to 'tackle higher loan i...
Rs 573 crore investment round lead by Tencent, Sofina values online healthcare service Practo at Rs 3,300 croreTencent is the second major Chinese company to back an Indian startup after consumer Internet group Alibaba bought a stake in Paytm.
Just Dial shelves plans to raise Rs 1,000 crore, will buy back shares insteadIt has now decided that the valuations of internet companies are too high and it would do better to wait for the market to settle before ma...
S&P gives 'BB' rating to GMR's Delhi airport ahead of bond issueA `BB' rating means the company is “less vulnerable in the near-term, but faces major ongoing uncertainties to adverse business, financial ...
No plan of raising money in immediate future: Ramkumar Krishnamachari, Just DialShould we not find any suitable opportunities in the next 12 months for which the resolution is valid, we will let it pass and not raise an...
Just Dial plans to raise Rs 1,000 crore as e-commerce marketplace rolls outJust Dial had launched its Search Plus business earlier this year, moving from just a listing and discovery platform to online transactions.
Zomato in talks to raise $200 million, aims to enter billion-dollar club by DecemberHong Kong-based hedge fund Tybourne Capital Management is also in discussions with the eight-year-old company as are a number of strategic ...
Sequoia Capital says raises $530 million India-focused fundNearly 98% of the new fund came from Sequoia’s existing limited partners such as university endowments, pension funds and family offices.