Shriram Capital plans a new ARC for retail bad loans
The company will also expand it asset management business by building a wealth management as it seeks to deepen relationships with its depositors.
Alok Industries to raise Rs 3,300 crore from RIL
In a regulatory filing, Alok Industries said, “the company is issuing Rs 3,300 crore NCRPS of Re 1 each in one or more tranches on a private placement basis to Reliance Industries.”
New year, new hopes: Stock ideas for Samvat 2080
Analysts said with the valuations in mid-cap and small-cap stocks looking stretched, the focus will more likely be on large-cap stocks.
RIL to raise Rs 20,000 crore via bonds
The sale of non-convertible debentures (NCD) will take place through the electronic book mechanism on the BSE’s bond platform on November 9 from 10:30-11:30 am, according to an information document accessed by ET. The issue has a base size of ₹10,000 crore and a green shoe option of ₹10,000 crore.