1 / 8PB Fintech Ltd | The SoftBank Group Corp's SVF India Holdings (Cayman) Ltd to sell a stake of 5.1 percent ( or 2.3 crore shares) in PB Fintech on Friday, December 2, the parent firm of online insurance broker Policybazaar, through a block deal, sources have told CNBC-TV18.
2 / 8Bank of India | The public sector lender has raised Rs 1,500 crore through Basel-compliant Additional Tier 1 (AT-1) bonds. The issue consisted of Rs 500 crore base issue and a green-shoe option of Rs 1,000 crore. The proceeds will be used to shore up the regulatory and growth capital requirements of the bank.
3 / 8SJVN Ltd | The state-run company said its arm SJVN Green Energy Ltd and Grid Corporation of Odisha will form a joint venture to develop a 1,000-MW hydroelectric project and 2,000-MW solar project entailing an investment of Rs 20,000 crore. The two companies signed a memorandum of understanding for developing hydro and solar projects.
4 / 8Bandhan Bank Ltd | Plutus Wealth Management on Thursday acquired shares of the private lender for Rs 212 crore through an open market transaction.
5 / 8Orchid Pharma Ltd | The company announced that the board has approved the issuance of equity shares up to Rs 500 crore with a face value of Rs 10 each through the qualified institutional placement (QIP) route.
6 / 8NMDC Ltd | The Department of Investment and Public Asset Management invited expressions of interest for the company's Nagarnar Steel Plant and offered to sell a 50.8 percent stake in the company. Eligible entities can submit an EoI either independently or as a consortium member and the consortium shall have a maximum number of four members, including one lead member.
7 / 8Yes Bank Ltd | The private sector lender said the Reserve Bank of India has conditionally approved the sale of securities worth Rs 8,898 crore to global private equity players Carlyle and Advent groups.
8 / 8NLC India Ltd | The company signed a memorandum of understanding with the Grid Corporation of Odisha) for the purpose of setting up Ground Mounted/Floating Solar Power Projects, Pumped Hydro Storage Projects, Green Hydrogen Projects and any other renewable projects.
