|
|||||
ReNew Energy Global is planning a significant offshore fundraising of approximately $500 million through dollar-denominated bonds issued via GIFT City. The funds will be utilized for on-lending within the ReNew Group, debt repayment, and other permitted corporate activities. Several major international banks are involved as joint global coordinators and bookrunners for this transaction.
Category:
News and Media
Shadowfax Technologies is set to raise 1,000 crore through a fresh issue and 907.3 crore via an offer for sale in its upcoming IPO. The e-commerce logistics firm has seen significant market share growth and improved profitability, though revenue concentration with one client remains a concern.
Category:
News and Media
The Securities and Exchange Board of India (Sebi) is proposing to scrutinize market indices heavily used by mutual funds, particularly those with over 20,000 crore in assets. A new framework will identify 'significant indices,' requiring their providers to register with Sebi. This move aims to enhance investor protection by bringing key benchmarks under regulatory oversight.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||