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This would be the first offshore debt-raising by a home financier this year. The company has launched the offer of foreign currency convertible bonds (FCCBs). The deal was not closed till press time Monday.
Life insurers report 5.5% decline in new premiums in MayThe degrowth was largely on the back of slow business by Life Insurance Corp of India (LIC) in the month, even as some private sector insurers such as HDFC Life, Max Life and India First reported strong growth in the month al… Read MoreAbu Dhabi's Mubadala joins EIG-led consortium buying Aramco pipeline stakeAramco in April agreed to sell a minority stake in its pipelines for $12.4 billion to a consortium led by EIG, the company's largest deal since its record $29.4 billion initial public offering in late 2019.
from Stocks-Marke… Read MoreGDR manipulation case: Sebi slaps over Rs 31 cr fine on 14 entitiesThese firms had come out with their respective issues of GDR during the period from March 2007 to November 2009.
from Stocks-Markets-Economic Times https://ift.tt/3zeGtS6
… Read MoreUS stocks end near flat as trade deficit declinesRetail investors on WallStreetBets, part of the Reddit platform, coalesced Tuesday around Clover Health Investments, lifting the insurer by more than 85 percent in the latest surprise wave of stock-buying.
from Stocks-Market… Read MorePaytm loan to help fund Vijay Shekhar Sharma’s Raheja QBE dealAn early closure of the Paytm-Raheja QBE deal, which was announced nearly a year ago, is crucial for the Paytm IPO slated for November this year.
from Stocks-Markets-Economic Times https://ift.tt/3x9St5U
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