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VEDANTA QIP UTILISATION
QIP route sees heavy traffic of listed cos headed for raising fresh capitalListed companies are increasingly using qualified institutional placements (QIPs) to raise capital. In the first eight months of 2024, 55 c...- Vedanta to use Rs 8,500 crore QIP to repay Union Bank of India, Oaktree and Deutsche BankThe funds raised will help reduce overall indebtedness, cut debt servicing costs, and improve the debt-to-equity ratio. It will enable bett...
- Metal companies feed spike in demand, prices with fund infusionVedanta, Tata Steel, JSW and JSPL have all raised funds or planned for it in the past month as steel demand nears a 5-year high.
- Top ten economy-related stocks that can gain from PM Modi’s infra pushThe Modi govt is doing everything to bring growth back to near-double digits level, which will be a key market driver going ahead.
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