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41-50 results from 1000 for query «fund»

12 December, 2018 7:47 AM Hero Future Energies looks to raise $200 million from PEs for 25% stake

The company is eyeing a valuation of $800 million, once the money is raised against 25% equity. Hero Future Energies, the renewable energy firm of the Pawan Munjal-led Hero group, is looking to raise $200 million in fresh funding from private equity investors, according to a market source. The company, founded only six years ago, is eyeing a valuation 115

12 December, 2018 3:50 AM Zydus Wellness gains 2% on CCI nod to acquire Heinz India

Shares of Zydus Wellness gained 2.3 percent in the early trade on Wednesday after company received CCI approval for acquisition of businesses of Heinz. The Competition Commission of India (CCI) has granted approval for the company's acquisition of Heinz India jointly with Cadila Healthcare. The definitive agreement in relation to this acquisition was signed 105

10 December, 2018 11:53 AM Buy INOX Leisure; target of Rs 270: Sharekhan

Sharekhan is bullish on INOX Leisure has recommended buy rating on the stock with a target price of Rs 270 in its research report dated December 06, 2018. ILL’s fund raising program from its promoters by retiring high cost debt, provides ample scope for further leverage to cost the accelerated expansion plans. Accelerated screen addition over next five years 93

10 December, 2018 8:14 AM Important for Indian govt to heed RBI's message on financial stability, says IMF Chief Economist

The Indian government must heed the RBI's message on financial stability, IMF's Chief Economist Maurice Obstfeld has said, amidst reports of friction between the central bank and the finance ministry over several issues, including how much capital the apex bank needs. Addressing a group of journalists here on Sunday, he also said the International Monetary 137

7 December, 2018 4:42 PM Zydus Wellness to raise Rs 2,575 crore from Cadila, promoters and PEs to fund Heinz India acquisition

Zydus Wellness has said it will be raising Rs 2,574.99 crore through issue of shares on a preferential basis to fund the Rs 4,595 crore Heinz India acquisition. Zydus Wellness board approved issuing equity shares of face value of Rs 10 each on a preferential basis to the parent Cadila Healthcare, True North (previously known as India Value Fund), Pioneer 173

6 December, 2018 6:17 AM DIPP organises start-up India venture capital summit in Goa

"The event will showcase the Indian startup opportunity for funds from around the world. The summit aims to attract more global capital into the country," it said. The event will enable a dialogue between government and experienced venture capital fund managers on ways to further promote the startup ecosystem in India. It said that the focus of the summit 193

5 December, 2018 8:58 AM ICICI Direct initiates coverage with buy on Phoenix Mills, sees 24% upside

ICICI Direct has initiated coverage on Phoenix Mills with a buy rating and price target at Rs 775, implying a potential upside of 25 percent in the next 18-24 months. The research house likes the company given its quality of retail asset portfolio, almost doubling its asset portfolio, which would drive the next leg of growth. "PML's current valuation 95

5 December, 2018 3:27 AM Yogi Adityanath Declares Rs 10 Lakh For Family Of Man Killed In UP

Sumit, a local youth, was shot dead during the protests that erupted over alleged cow slaughter in Bulandshahr. Uttar Pradesh Chief Minister Yogi Adityanath has declared a financial aid of Rs 10 lakh from the Chief Minister relief fund to the family of Sumit, a local man who was shot dead during the protests that erupted over alleged cow slaughter in Bulandshahr 143

4 December, 2018 7:11 AM China's Huatai Securities plans to list in London on December 14: Source

Chinese brokerage Huatai Securities plans to list on the London Stock Exchange on December 14 via the Shanghai-London Stock Connect, a person with direct knowledge of the plan said. Shanghai-listed Huatai, which counts Alibaba as a strategic investor, will soon publish a prospectus to issue Global Depositary Receipts (GDRs) in London, said the person 117

4 December, 2018 6:26 AM Essel Mutual Fund mulls overnight scheme; to seek SEBI approval soon

After the recent default at IL&FS, which hit liquid schemes, fund houses are now looking at overnight funds, which are less risky than liquid funds In keeping with the recent industry trend of launching overnight funds, Essel Mutual Fund is contemplating launch of an overnight scheme, two sources from the fund house told Moneycontrol. “We will be filing 115