State Bank of India (SBI) said it will raise up to Rs 3,465 crore by offloading up to 4.5 per cent stake in SBI Life Insurance.
JioSaavn has raised about $19.4 million (Rs 140 crores) from its parent entity Reliance Industries.
Rest of Asia
Zozo founder Yusaku Maezawa will sell around 30% of the retailer in a tender offer to Yahoo Japan.
Cholamandalam’s core business is to provide commercial vehicle finance and loan against properties.
The tie-up will entail a co-GP arrangement wherein both the firms will scout for investment opportunities together.
The Asia-focused PE firm will acquire through a private placement $300-million worth of convertible notes from LexinFintech
The proposed cash-and-share transaction would only go ahead if the LSE's takeover of Refinitiv does not proceed.
Strides Pharma Global will hold 70 per cent of the issued capital of Fairmed.
India's Xeon, launched in 2013, converts organic waste into energy.
The promoters are willing to amend the Article of Association, allowing new shareholders to get a board seat.
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