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Representative Image: Shutterstock
Banking infrastructure company M2P Fintech on Tuesday raised Rs 650 crore through a mix of primary and secondary capital as part of its series D financing round. The funding round was led by Helios Investment Partners, valuing the company at over Rs 6,550 crore.
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Read more: [India] - M2P Fintech raises Rs 650 crore in series D, evaluation at Rs 6,550 crore
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Shaktikanta Das, RBI Governor | (Photo: Shutterstock)
Strengthening core fundamentals is the best buffer against ongoing global uncertainties, Reserve Bank of India (RBI) governor Shaktikanta Das said in Kathmandu on Tuesday. Fundamentals, Das said, would include commitment to an inflation
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Basmati Rice | Image: Wikimedia Commons
India's decision to remove the floor price for basmati rice exports is expected to spur a flurry of orders from the Middle East, Europe, and the Americas, leading exporters said, helping New Delhi to increase its share of the global market.
The world's
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Read more: [India] - India's basmati rice exports rise after decision to get rid of floor price
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Sebi's preliminary findings suggest that the high fees are being charged to ensure the offerings are oversubscribed, according to one of the sources | (Photo: Shutterstock)
India's securities regulator, worried about malpractice in a frothy IPO market, is investigating six domestic investment
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Read more: [India] - Sebi probes 6 regional financial investment banks over handling of little IPOs
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According to sources, OYO is planning to deploy a mix of debt and equity to finance the acquisition. It will utilise USD 250 mn from the recently concluded fund raise and existing cash balance
The EBITDA of IPO-bound travel tech platform OYO is expected to cross Rs 2,000 crore in 2025-26 with
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Read more: [India] - OYO approximates Ebidta to cross Rs 2,000 cr in FY26 with Motel 6 acquisition
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The preferential issue will enhance the company's net worth from about Rs 11,155 crore to over Rs 12,680 crore | Photo: Shutterstock
Reliance Power will seek shareholders' approval to raise Rs 1,524.60 crore through a preferential issue.
According to the postal ballot notice, the company will
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Read more: RPower looks for investors' nod to raise Rs 1,525 cr via preferential concern
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