SpiceJet Rs 3,000-cr QIP oversubscribed; airline to get funding soon

SpiceJet's Rs 3,000-crore qualified institutional placement has been significantly oversubscribed by investors including Tata Mutual Fund and Bandhan Bank. This demonstrates strong confidence in the airline's growth potential. The funds will help unground its fleet and settle employee dues, reflecting belief in India's expanding aviation market.

Indian Real Estate Developers Secure Rs 12,801 Crore Via QIP Route In Jan-Sep Period

zeenews.india.com - 29/Oct 01:35

The QIP (Qualified Institutional Placement) route allows publicly-traded companies to raise capital by offering equities or securities convertible...

Facebook India's Net Profit Up 43 Per Cent To Rs 505 Crore In FY24

zeenews.india.com - 03/Nov 21:43

Facebook India Net Profit: Facebook India’s overall expenses grew 2.4 per cent to Rs 2,349.6 crore and employee benefit expenses increased to Rs...

Fidelity Bank CEO commends Air Peace Chairman, Onyema as role model in financial integrity

nigerianfranknewsng.com - 05/Nov 12:25

In a heartfelt celebration of Air Peace’s 10th anniversary, the CEO of Fidelity Bank lauded Dr. Allen Onyema, the Chairman of Air Peace, as a beacon...

Bandhan Bank promoter enters IT sector with this 'all-cash deal'

times of india - 04/Nov 20:37

Bandhan Financial Services Ltd (BFSL), promoter of Bandhan Bank, acquired UK-based IT firm Genisys for nearly Rs 100 crore. This move marks BFSL's...

EPFO Records 7.6 Per Cent Increase In Members To 7.37 Crore

zeenews.india.com - 10/Nov 19:03

The EPFO also saw an increase of 55.4 per cent to Rs 5,268 crore in realising arrear dues compared to the corresponding figure of Rs 3,390 crore in...

SIP flows hit record Rs 25,ooo crore 6 months after crossing Rs 20,000 crore

times of india - 19:12

Indian investors remained bullish on mutual funds, pouring a record Rs 25,323 crore through SIPs in October, despite a volatile stock market. This...

GST collections surge 9% in October, reaching Rs 1.87 lakh crore

times of india - 01/Nov 10:57

GST collections in October grossed Rs 1.87 lakh crore, reflecting an 8.9% year-on-year increase. From January to October 2024, collections rose to Rs...

United Nigeria Airline To Build MRO In Partnership With Cronos Aviation

transportday.com.ng - 05/Nov 07:29

United Nigeria Airline (UNA), has signed a Memorandum of Understanding (MoU) with Cronos Aviation, an international charter airline based in Montreal,...

Domestic Institutional Investors Pour Record Over Rs 1 Lakh Crore In Equities In October

zeenews.india.com - 31/Oct 20:10

This sustained DII activity came as the cumulative foreign portfolio investor (FPI) selling in equity through the Indian stock exchanges stood at Rs...

Market Outlook: US Presidential Election Results, PMI, FII Data Key Factors For Next Week