SpiceJet promoter and chairman Ajay Singh could offload greater than 10 per cent stake within the struggling service as a part of the most recent funding spherical that’s anticipated to shut by the tip of September, in line with sources. The finances service — which is grappling with a number of woes, together with monetary … Read more
State-owned Punjab & Sind Financial institution plans to open 100 branches throughout the nation within the present monetary yr as a part of the technique to increase its attain. In the course of the yr, the financial institution additionally plans so as to add 100 new ATMs to its community. “With the addition of 100 … Read more
Macrotech Builders has raised ₹3,300 crore by way of a certified institutional placement receiving overwhelming response from each present and new international and home buyers. The guide was oversubscribed by practically 3 times inside 5 hours of subject opening and witnessed traction from diversified set of buyers with long-term outlook, together with sovereign funds, pension … Read more
AXISCADES Applied sciences inventory surged 10 per cent to hit a 52-week excessive on the NSE, it traded at ₹675 as of 1:40 pm on Friday. The Bengaluru-based engineering options supplier had lately acquired EPCOGEN Pvt Ltd for ₹26.25 crore, with a further three-year earnout of ₹7 crore primarily based on efficiency. With this alliance, Axiscades … Read more