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INVESTMENT APPROVALS
Nexus Select Trust to acquire Galaxy Infra Creations for Rs 1,600 croreNexus Select Trust is set to enter the thriving consumption markets of northeast India with the acquisition of a shopping mall and a Hyatt ...
India's Serious Fraud Office recommends 'detailed' probe into Xiaomi's business in countryIndia's Serious Fraud Office proposed investigating Xiaomi for alleged business irregularities. The probe would examine fund movements and ...
Singapore Airlines seeks greater influence, tighter governance terms before Air India funding: ReportSingapore Airlines seeks more management influence and governance rights for Air India. This comes as Air India requests significant capita...
Real estate sector needs policy reforms on affordability, approvals to unlock growth: ExpertsRising land prices make affordable housing a significant challenge for common buyers. Streamlining processes and adopting technology are ne...
Adani, NTPC among applicants for Rs 37,500 crore coal gasification schemeSeven applications were received for India's coal gasification scheme's first round. Adani Enterprises submitted three proposals for urea p...
PM-SETU approves Rs 735.70 crore plans for ITI clusters in Rajasthan, UP, TelanganaThe National Steering Committee under the Pradhan Mantri Skilling and Employability Transformation through Upgraded ITIs (PM-SETU) has appr...
IFCI shares slide 7% after stellar 30% monthly surge amid NSE IPO buzzIFCI shares fell 7% after a sharp recent rally, after the stock rallied nearly 30% in a month amid Sebi’s approval of the NSE IPO. IFCI has...
360 One Group CEO Bhagat buys 1.3 lakh shares of Novartis India for Rs 22 crKaran Bhagat acquired 1.3 lakh Novartis India shares for nearly Rs 22 crore. His firm Kyrush Investments sold an equal number of shares in ...
Broking firm Upstox offers US stocks, opens access to 8,000+ listed firms, 2,000+ ETFsWith this, Upstox will be joining a segment where players such as Vested Finance and IndMoney already provide Indians access to global equi...
RBL Bank to raise up to USD 1 bn from overseas investorsRBL Bank's board has given the green light to raise up to one billion US dollars from foreign investors via a Euro Medium Term Note Program...
ICICI Bank shares in focus as LIC gets RBI nod to acquire 9.99% stake in private lenderICICI Bank shares will be in focus after RBI approved LIC to acquire up to 9.99% in the lender within one year. LIC already holds over 4%. ...
ICAI explores PE funding for consultancy, accountingThe Institute of Chartered Accountants of India is exploring private equity investment in non-audit accounting services. This move aims to ...
RBI approves LIC to acquire up to 9.99% stake in ICICI BankThe Reserve Bank of India has approved Life Insurance Corporation's stake acquisition. LIC can now acquire up to 9.99% of ICICI Bank's shar...
Vikas Khemani’s Carnelian Asset Management files draft document with Sebi for its first fundCarnelian Asset Management has filed documents with Sebi to launch its first liquid mutual fund, targeting short-term investors seeking hig...
Karnataka CM's panel clears Rs 29,679 crore investment proposals, projects to create 66,360 jobsKarnataka's Chief Minister approved nine new investment proposals totaling Rs 25,710 crore. These projects are expected to generate over 64...
Zerodha gets Sebi nod for merchant banking licence, formal registration awaited: ReportZerodha’s merchant banking licence application has received Sebi clearance, enabling its expansion into investment banking after formal reg...
Canada-based La Caisse gets CCI nod to acquire stake in Altius Telecom InvITIndia's Competition Commission of India (CCI) has given the green light to a proposal from a Canadian pension fund. La Caisse de dépôt et p...