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Macquarie, Canada Pension are among bidders on India road assets

Unique Times April 15, 2024 0

Macquarie Group Ltd and a Canadian Pension Plan Investment Board-backed investment trust are among the finalists to acquire road assets from India’s infrastructure fund, sources familiar with the matter revealed. The potential deal is estimated to range from $300 million to $500 million, Continue Reading

Business Featured Latest News

ITC’s Hotel Business to be Spun Off into Independent Company

Unique Times July 26, 2023 0

ITC Ltd announced its decision to separate its hotels business from the rest of the company, which includes its cigarettes and food businesses. The new entity, named ITC Hotels Ltd, will be formed, with ITC holding a 40% stake, and the remaining 60% ownership distributed among existing ITC shareholders. The company stated that the hotels […]Continue Reading

Business Featured Latest News

South Indian Bank to seek shareholders’ approval to raise Rs 2,500 cr in July AGM

Unique Times June 23, 2022 0

South Indian Bank (SIB), a private sector lender, intends to raise up to Rs 2,500 crore in order to strengthen its capital basis for commercial growth and comply with regulatory requirements. At the previous AGM for the previous fiscal year, the bank’s shareholders had approved this fund raising, but the bank did not actually raise […]Continue Reading

Macquarie, Canada Pension are among bidders on India road assets

ITC’s Hotel Business to be Spun Off into Independent Company

South Indian Bank to seek shareholders’ approval to raise Rs 2,500 cr in July AGM

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