Torrent Group is in the final stages of acquiring around 66% of the IPL team Gujarat Titans, valuing the franchise at about Rs 7,500 crore. The deal requires BCCI approval and would be the first majority stake sale since IPL’s inception in 2008.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of