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Daily Archives: Mar 9, 2023

SBI raises Rs 3,717 crore via additional tier-1 bonds

The country’s largest lender State Bank of India Wednesday said it has raised Rs 3,717 crore through Basel III compliant additional tier 1 (AT1)...

Sebi tightens norms for securities buybacks

The capital markets regulator Sebi on Wednesday placed restrictions on placement of bids, price and volume on companies going for buyback of securities through...

Reliance Jio to buy US-based Mimosa Networks for $60 million

Jio Platforms, owned by Indian conglomerate Reliance Industries Ltd, will buy communications equipment maker Mimosa Networks for $60 million to bolster its expanding 5G...

Future Enterprises admitted for insolvency

The National Company Law Tribunal (NCLT) has ordered Insolvency Resolution Process against Future Enterprises, the company said in its exchange filing. The Mumbai bench of NCLT has...

Byju’s to raise $250 mn via convertible notes in Aakash pre-IPO funding

Byju’s, the world’s most valuable edtech startup, is seeking to raise as much as $250 million through the issuance of convertible notes by its...

SBI AT1 bonds sale: Bank raises ₹3,717 cr from its third issue

State Bank of India (SBI), the country’s largest lender, has raised ₹3,717 crore through its third Basel III compliant Additional Tier 1 (AT1) bond issuance...
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