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Western Carriers (India), a multimodal, asset light logistics company, plans to raise Rs 400 crore through an issue of fresh equity to repay debt and to fund capital expenditure, and another Rs 93 crore through an offer for sale by the promoters.
Category:
News and Media
Taylor Swift endorsed Kamala Harris for the US presidential race, criticising Donald Trump for using AI-generated images of her as a supporter. Swift's post reignited the 'childless cat ladies' controversy, originally sparked by JD Vance's remarks. The issue is significant as women's votes are crucial in the upcoming elections.
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News and Media
To promote ease of doing business, markets regulator Sebi on Wednesday allowed securities funded through cash collateral to be considered as maintenance margin for margin trading facility (MTF).
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News and Media
The upcoming share sale starts on Thursday for non-retail investors, with retail investors getting their chance on Friday. Proximus Opal currently holds a majority stake in Route Mobile. This offering aims to comply with SEBI's regulations on minimum public shareholding.
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News and Media
Private credit deployments in India are expected to exceed USD 10 billion in 2024, according to a report by EY. The first half of 2023 saw over USD 6 billion in private credit transactions across sectors like real estate, infrastructure, and healthcare. Domestic funds are gaining market share, driven by local expertise and lower-cost domestic money.
Category:
News and Media
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