India Dealbook: Religare gets nod to raise $142m; Promoter ups stake in KEC

India Dealbook: Religare gets nod to raise $142m; Promoter ups stake in KEC

Religare Enterprise has got board approval for its plan to raise $142 million by issuing preferential warrants to investors including Bay Capital. Also, Instant Holdings, the promoter of KEC International, has increased its stake.

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