Bajaj Allianz Life Insurance has invested in JM Financial Home Loans. The insurer acquired approximately 2.1% stake. They purchased shares from JM Financial Credit Solutions. The deal is valued at ₹65.5 crore. Post-transaction, JM Financial’s stake in the home loan arm will reduce. The agreement was finalized in August.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000