Sterlite Power Secures ?725 Crore for Expansion Plans
Sterlite Power, owned by Vedanta Ltd, has raised ?725 crore from GEF Capital Partners (USA) and ENAM Holdings (Mumbai). The funds will support the company's cap
Neo Group Raises Rs 400 Crore to Expand into Tier-II, Tier-III Cities
Neo Group, a leading wealth and asset management firm, has raised ?400 crore in its latest fundraising round. The new capital will be utilized for the company's
RBI Proposes Higher Provisioning Norms for Project Loans and Real Estate
The Reserve Bank of India (RBI) has introduced regulations outlining enhanced provisions for project loans, covering both infrastructure and non-infrastructure
India Grid Trust (IndiGrid) Plans to Raise Rs 1,250 Crore Through Debentures for Debt Refinancing and Acquisitions
KKR-backed India Grid Trust (IndiGrid) is planning to raise Rs 1,250 crore through debentures to refinance old debt and support acquisitions. Additionally, the
ABSLAMC to setup a new unit at GIFT City
The International Financial Services Centres Authority (IFSCA) has given Aditya Birla Sun Life AMC (ABSLAMC) permission to operate as a Registered Fun
RBI receives applications for setting up banks under on tap licensing
The Reserve Bank has received four applications each under the guidelines for on tap licensing of universal banks and small finance banks. Applicants under guidelines for on tap licensing of…