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BoB receives 2.8X subscription for its ₹5,000 cr infra bond issuance

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Financial institution of Baroda on Monday stated it has raised ₹5,000 crore through long-term 10-year infrastructure bonds at a coupon charge of seven.26 per cent. The general public sector financial institution, in an announcement, stated it accepted bids for ₹5,000 crore in opposition to a complete demand of ₹14,215 crore. The Financial institution obtained subscription … Read more

Tata Shopper acquires Capital Meals

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Quick-Shifting Shopper Items (FMCG) main Tata Shopper will purchase Capital Meals, proprietor of ‘‘Ching’s Secret’ and ‘Smith & Jones fot an enterpise worth of ₹5,100 crore. The corporate will purchase a 100 per cent stake in Capital Meals of which 75 per cent of the fairness shareholding will probably be acquired upfront and the steadiness … Read more