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Vodafone Idea Expects 5G Rollout In 6-9 Months After FPO

Ahead of its Rs 18,000 crore further public offer (FPO), Vodafone Idea on Monday said it expects to roll out 5G services in select pockets in 6-9 months of the issue. Its Chief Executive Akshaya Moondra said rollout of the 5G ...

BharatPe Co-founder Ashneer Grover Dives Into Fintech With ZeroPe App

BharatPe co-founder and former managing director Ashneer Grover is making waves in the fintech space once again, this time with the launch of ZeroPe, an innovative app tailored for medical loans, as reported by Moneycontrol. ZeroPe, currently undergoing testing, is the ...

Adani Green Pursues $400M Offshore Loan For Renewable Energy Project

Adani Green Energy Ltd., a key player in India's renewable energy sector, is in talks to secure approximately $400 million through an offshore loan for an upcoming project, according to sources familiar with the matter. This initiative underscores the company's commitment ...

Blackstone-Backed Aadhar Housing Finance Receives SEBI Approval For Rs 5,000 Crore IPO

Aadhar Housing Finance Limited, a leading housing finance company (HFC) focusing on the low-income housing segment in India, has recently garnered final observations from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The company ...

Vedanta to Raise $300 Million via Debt Securities Amidst Restructuring Plans

Vedanta, a prominent Indian conglomerate spanning the metals and oil sectors, announced on Thursday its intention to raise up to 25 billion rupees ($299.6 million) through debt securities. This strategic move, disclosed by the company, underscores Vedanta's proactive approach to managing ...

Vodafone Idea Board Mulls Preferential Share Issue on April 6

Vodafone Idea announced on Wednesday plans for a crucial board meeting on April 6. The telecom giant intends to deliberate on the proposal for issuing equity shares or convertible securities on a preferential basis. This strategic move underscores the company's proactive ...

Vodafone Idea Secures Shareholders' Approval for Rs 20,000 Crore Fundraising

Vodafone Idea, one of India's leading telecom companies, has achieved a significant milestone by obtaining approval from its shareholders for a proposal to raise Rs 20,000 crore through a combination of equity and equity-linked securities. The announcement, made via a market ...

Decoding PF Vs PPF: From Interest Rates, Eligibility, To Tax Benefits, Other Features

Navigating the intricate world of savings and investments can be akin to navigating a maze for individuals in India. Among the plethora of options, two stalwarts stand out: PF (Provident Fund) and PPF (Public Provident Fund). While both emphasise the importance ...

Motilal Oswal Recommends Buying Happy Forgings with Target Price of Rs 1125

Motilal Oswal, a prominent financial services firm, has issued a bullish recommendation on Happy Forgings Ltd., a leading player in the auto ancillaries sector. The firm has set a target price of Rs 1125, signalling significant upside potential from the current ...

Riding The Capital Wave: Why Companies Are Opting For QIPs Over Traditional Routes To Raise Funds?

Amid the stock market surge, companies are capitalizing on the opportunity by turning to the Qualified Institutional Placement (QIP) route for fundraising. This capital-raising tool allows listed companies to secure funds from Qualified Institutional Buyers (QIBs), steering clear of the complexities ...

SpiceJet Raises Additional Rs 316 Cr, Total Funds Reach Rs 1,060 Crore

SpiceJet on Thursday said it has secured an additional Rs 316 crore, taking its total funds raised to Rs 1,060 crore through a preferential share issue. The fresh capital infusion in the struggling airline comes amid its recent announcement of slashing ...

Union Bank Of India Rs 3,000 Crore QIP: 5 Key Highlights Of This PSU Offer

Union Bank of India, one of India's prominent public sector lenders, has announced its intention to bolster its capital reserves through a qualified institutional placement (QIP) to the tune of Rs 3,000 crore. This strategic move comes in the wake of ...

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