This move would allow greater Indian participation in global companies and would accelerate the growth of the Indian AIF industry overall, said 3one4 Capital founding partner Siddarth Pai.
Read MoreThe company generating the coin, Polygon is a scaling solution for Ethereum. High transaction and processing fees are the primary issues with the Ethereum blockchain
Read MoreThey intend to utilize the proceeds from this round of issue for repayment of INR 470 crore of its debt and that of its subsidiary, Shyam SEL, and Power, and for other general corporate purposes.
Read MoreThe IPO includes an offer for sale of INR 3500 crore by the promoters, and a fresh issue of INR 1,400-1,500 crore worth of shares. Axis Capital, ICICI Securities, HSBC Securities, SBI Capital Markets, and JP Morgan are the investment bankers for this issue.
Read MoreThe issue is expected to be in the range of INR 1,200-Rs 1,400. Fincare SFB is the latest small finance bank (SFB) to announce plans to go for an initial public offering. It is backed by investors like TA Associates, True North, SIDBI, and Tata Opportunities Fund.
Read MoreLeading cement companies become Climate Group’s first triple joiners in India Dalmia Cement and JSW Cement – two leading Indian cement companies – have committed to the Climate Group’s flagship business initiatives on climate change.
Read MoreAs per IRDAI, three-fourth of the insurers’ investments must be in AAA-rated assets, while the remaining one-fourth can go to AA or even A-rated instruments.
Read MoreThrough this collaboration, AIM and Dassault Systemes Foundation shall jointly encourage inter-country collaborations amongst schools and school students for collaborative science/technology learning, skilling, and cultural interactions amongst students.
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