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Tata Consumer to Raise ₹6,500 Crore for M&A Funding | India Business News – Times of India

getworldnews1 year ago01 mins

[ad_1] MUMBAI: Tata Consumer Products will raise Rs 6,500 crore through issue of commercial papers and right shares to pay for the proposed stake-purchases in Capital Foods and Organic India. Last week, it had announced the acquisition of a 75% stake in Capital Foods – the owner of Ching’s Secret and Smith & Jones brands…

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  • Business

MobiKwik IPO relisted at 37% of initial issue – Times of India

getworldnews1 year ago02 mins

[ad_1] MUMBAI: In what will be its second attempt at going public, One MobiKwik Systems – the parent company of fintech firm MobiKwik – on Friday filed a fresh draft red herring prospectus with Sebi to raise Rs 700 crore through a fresh issue of shares. The size of the proposed IPO is over 50%…

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  • World News

Ralston 5th grader raises $2,000 for grieving, struggling teacher

getworldnews2 years ago08 mins

[ad_1] The bond between a Ralston teacher and her fifth-grade student is stronger than ever. Janice Rhods is mourning her baby boy. He recently died after dealing with a rare heart issue. But about a month before, fifth-grade student Adrianna Case stepped up to help in a big way.It’s been about two weeks since Rhods…

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  • Business

SpiceJet gets Rs 2,250 crore fresh lifeline – Times of India

getworldnews2 years ago03 mins

[ad_1] NEW DELHI: Struggling-to-survive SpiceJet has finally got a fresh lifeline of over Rs 2,250 crore from new investors such as Elara India Opportunities Fund, Aries Opportunities Fund, Nexus Global Fund and Prabhudas Lilladher.The move is expected to help ease the financialstress on Ajay Singh-promoted low-cost carrier, which has been unable to pay employees or…

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