SEARCHED FOR:CAPITAL INFUSION
Adani Enterprises to invest Rs 50,000 cr on capital expenditure in 5 years
The Gautam Adani-led group plans to infuse Rs 35,780 crore in its airport business in the next five years, AEL Chief Financial Officer Jugeshinder Singh said.
Reserve Bank of India rejigs priority sector guidelines to make banking more inclusive
While retaining the overall priority sector lending ta...
PNB Housing Finance set to lay off about 5-7% of its employees
PNB Housing Finance’s decision came Wednesday, barely within a month of Harday...
We are well set as far as fund infusion is concerned: Pradeep Dwivedi
Eros merger with STX International will help present Bollywood on the world stage, says CEO of Eros International.
State Bank of India gets global recognition for HR initiative 'Nayi Disha'
SBI has won these awards in three categories viz. Best Learning Program supporting a Change Transformation Business Strategy, Best Use of Blended Learning and Best Unique or Innovative Learning and Development Program, it said.
It will be a long road to recovery from Covid-19: Axis Bank's Amitabh Chaudhry
We are in a long haul before the economy recovers to pre-Covid levels partly driven by the fact that consumption patterns have been debilitated in many ways, said Amitabh Chaudhry while replying to a question
Sambandh Finserve diverted about Rs 100 crore to entities having connection with its promoters: Audit Report
The company diverted funds to entities such as Diya Dairy & Agroprocessors Pvt Ltd, Kshama Foundation, Regional Rural Development Centre (RRDC), DK Enterprises, Utkal Dairy. Funds were also diverted to individuals, people privy to the report said.
BharatAgri raises pre-series A round from Binny Bansal backed 021 Capital, India Quotient
BharatAgri offers paid subscriptions to farmers for personalized consultancy and an exclusive access to their premium platform.
PNB to consider Rs 18k-cr fund infusion this week
“The board shall consider capital infusion up to Rs 18,000 crore in its meeting scheduled on September 5, 2019,” PNB said in a regulatory filing.
Creation Investment leads Rs 100 crore round in Vivriti Capital
The latest capital infusion has taken the company’s total equity funding to ₹760 crore (about $105 million), since it was founded in 2017.
Axis Bank to continue with pre-Covid provisions: MD & CEO Amitabh Chaudhry
We had drawn up our GPS (growth-profitability-sustainability) strategy before Covid happened. While we will be conservative, we will pursue growth wherever we see an opportunity. We will use the time to ensure we capture the right opportunities., said Chaudhry.
CCEA extends liquidity infusion scheme to cover discom dues till June 30
Currently, banks and financial institutions can lend only 25% of a discom’s revenue in the previous year for working capital.
KKR infuses $150 million 'confidence' capital in India NBFC arm
This is the second time the parent is infusing ‘confidence’ capital after putting in $100 million in 2009, when the PE group launched its credit business in India in what was then hailed as a pioneering strategy. Till date its other investors Abu Dhabi Investment Authority (ADIA) and Texas Teacher Retirement System have each infused $100 million.
Government begins groundwork for capital infusion in regional rural banks
The Reserve Bank of India has also been approached for amortising their liabilities over a time period.
Murugappa Group takes over CG Power, appoints directors
CG Power said its entire board including non-executive chairman Ashish Guha and whole-time executive director Sudhir Mathur have resigned.