Search For "capital infusion"
SpiceJet raises Rs 316 cr from investors in second tranche, total goes up
Updated : 2 years ago IST
Promoter Ajay Singh-led airline SpiceJet has raised Rs 316 crore from investors in its second tranche of capital infusion with the total fund infusion going up to Rs 1,060 crore.
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Axis Bank to Infuse Rs. 1,612 crore in Max Life, Stake to Go up to 19.02 p
Updated : 2 years, 7 months ago IST
New Delhi [India], August 10: Pursuant to the approval of the Max Financial and Max Life Boards, Axis Bank will be infusing Rs. 1,612 Cr by subscribing to equity shares of Max Life, at fair market value determined basis DCF methodology. Axis Bank has received requisite approval from RBI for
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Seacoast Shipping Service Limited to secure Rs 49 crore via Share Rights I
Updated : 2 years, 8 months ago IST
New Delhi [India], July 10: Seacoast Shipping Services Limited is pleased to announce its decision to undertake a Right Issue of equity shares to raise capital and further strengthen its financial position. The Board of Directors has approved the Draft Letter of Offer ("DLOF") for the issuan
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Tilaknagar Industries revenue surges 25 per cent in Q4, PAT rises to Rs 23
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 31 (ANI/NewsVoir): Tilaknagar Industries Limited (BSE: 507205) (NSE: TI) has reported a Profit After Tax (PAT) of Rs 23.2 crore in the quarter ended March 2022, as against a net loss of Rs 9 crore in the year ago period. The company recorded a 25 per cent in
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R Narayan Founder & CEO Power2SME, President FICCI-CMSME hails the cap
Updated : 4 years, 1 month ago IST
Gurugram (Haryana) [India], February 1 (ANI/NewsVoir): We hail the new budget and the capital infusions for the MSME sector which will benefit greatly from the extension of the ECLGS by another year and from eased logistics through railways.
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IOB clocks Q4 net profit at Rs 350 crore
Updated : 4 years, 9 months ago IST
Chennai (Tamil Nadu) [India], June 14 (ANI): Government-owned Indian Overseas Bank (IOB) on Monday reported a net profit of Rs 350 crore in the quarter ended March as against Rs 144 crore in the year-ago period.
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5paisa Capital Q4 consolidated income up 41 pc at Rs 50 crore
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], Apr 21 (ANI): 5paisa Capital's total consolidated income stood at Rs 49.9 crore for the January to March quarter, up 41 per cent year-on-year from Rs 35.4 crore from Q4 FY20.
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Srei Equipment Finance to get $250 million capital infusion from global PE
Updated : 4 years, 11 months ago IST
Kolkata (West Bengal) [India], April 9 (ANI): Srei Equipment Finance Ltd (SEFL) has got expression of interest for up to 250 million dollars (about Rs 1,838 crore) capital infusion from US-based Arena Investors LP and Singapore's Makara Capital Partners.
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Cabinet clears Development Finance Institution with capital infusion of Rs
Updated : 5 years ago IST
New Delhi [India], March 16 (ANI): The Union Cabinet has cleared the setting up of a Development Finance Institution (DFI) with a capital infusion of Rs 20,000 crore, announced Finance Minister Nirmala Sitharaman on Tuesday.
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Cabinet okays govt equity infusion of Rs 6,000 crore in NIIF Debt Platform
Updated : 5 years, 3 months ago IST
New Delhi [India], November 25 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi has given its approval to the proposal for equity infusion by the government of Rs 6000 crores in NIIF Debt Platform sponsored by National Investment and Infrastructure Fund (NIIF), comprising As
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RBI's stress test results indicate high risk to asset quality: Moody's
Updated : 5 years, 7 months ago IST
Singapore, July 30 (ANI): The Reserve Bank of India's recent financial stability report and results of banking system stress tests show that banks' gross non-performing assets will rise meaningfully under all four stress test scenarios with their common equity tier one ratio declining by one
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Cabinet approves capital infusion in three public sector general insurance
Updated : 5 years, 8 months ago IST
New Delhi [India], July 9 (ANI): The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the capital infusion for an overall value of Rs 12,450 crore; (including Rs 2,500 crore infused in FY 2019-20) in the three Public Sector General Insurance Companies (PSGICs).
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