Religare Enterprises is set to raise ₹1,500 crore through preferential allotment of warrants, with the Burman family of Dabur contributing ₹750 crore. Other investors include Ashish Kacholia, Hindustan Times group, Ashish Dhawan and JM Financial. The capital will fuel business growth, strategic initiatives, and new opportunities across Religare’s diverse financial services.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid