On Thursday, June 27, RBL Bank announced that its board of directors has approved plans to raise capital through both equity and debt instruments. The board has sanctioned raising up to ₹3,500 crore via a Qualified Institutions Placement (QIP) by issuing equity shares. This fundraising will Continue Reading
SpiceJet’s Board of Directors has given the green light to a plan aimed at raising over Rs 2,250 crore in fresh capital for the airline. This capital infusion will be achieved through the issuance of equity shares to a diverse set of investors, including Financial Institutions, FIIs, HNIs, and private investors. The decision, made unanimously […]Continue Reading