Indian lenders double fundraising via infrastructure bonds on capex push on December 19, 2023 at 5:58 am

Banks raised over 584 billion rupees ($7.04 billion) via infrastructure bonds in 2023 compared to 296 billion rupees raised in 2022, data compiled by Reuters showed.

ZEEL shares decline 4% after Sony refuses to agree to merger deadline extension on December 19, 2023 at 5:52 am

Zee shares fell after Sony India issued a statement saying it has not yet agreed to Zee#39;s proposal for the extension of the merger deadline.

Nebras Power may invest $400 mn in green energy arm; Grasim Industries trades lower on December 19, 2023 at 4:44 am

Nebras Power plans to invest around $400 million as part of a proposed 51:49 JV between the two parties, sources have said.

SpiceJet shares fly to 52-week high on #39;confirmed#39; bid for Go First on December 19, 2023 at 4:46 am

The board of the SpiceJet has also recently approved and initiated process of raising fresh capital of about $270 million to strengthen the low-cost carrier#39;s financial position and provide resources to invest in growth plans.

IRCON shares trade down despite winning Rs 104-crore arbitration award on December 19, 2023 at 4:52 am

The ICC has pronounced an award of Rs 103.62 crore in favor of IRCON, against the claims of Rs 115.98 crore.

Vedanta shares gain after board approves second interim dividend for FY24 on December 19, 2023 at 4:57 am

Vedanta board members will meet on December 19 to consider and approve the proposal for issuance of non-convertible debentures (NCDs) on a private placement basis

The world economy’s biggest problem is Africa on December 19, 2023 at 5:26 am

Countries across the continent have been unable to capitalise on their demographic dividend

Kaynes Tech soars 5% on Rs 1,400-crore QIP launch; approves $2.5-million acquisition on December 19, 2023 at 3:13 am

The floor price of the QIP is Rs 2,449.46 apiece, which is at a 6 percent discount to the stock#39;s closing price on December 18

Ambuja Cements shares gain on plan to invest Rs 6,000 crore in renewables on December 19, 2023 at 3:03 am

Ambuja Cements’ investment promises economic advantages to the company’s planned larger capacity of 140 MPTA

Apollo Tyres gains 4% after 3.6% equity changes hand on December 19, 2023 at 3:46 am

According to a report, White Iris was looking to raise $100 million through the sale along with an upsize option