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Popular Articles

Cabinet to mull Hind Shipyard transfer to Defence Ministry
A move is afoot to transfer a major shipyard to the Defence Ministry, a step aimed at creating capabilities to construct nuclear submarines.

Religare expands investment banking operations
Religare Enterprise is expanding is investment banking division. The financial services company has started an investment banking division to tap opportunities in emerging markets. This new division will be part of Religare Capital Markets Limited (RCML).

News of the day

India Eco Summit: Govt may announce more sops for exporters
The government is likely to announce more sops to exporters engaged in labour-intensive sectors like engineering, Minister of State for Commerce and Industry Jyotiraditya Scindia said today.
Corporate

Radico Khaitan seeks shareholders nod to raise Rs 375 cr

Liquor manufacturer Radico Khaitan today said it will seek shareholders approval for raising Rs 375 crore by share sale from domestic and international markets. - City Union Bank to raise Rs 300cr - Hanung Toys to raise Rs 238cr - Radico Khaitan to raise Rs 375 cr - Muthoot Capital gets shareholders nod for rights issue - Comp U Learn board to discuss stake buy in US-based IT firm - Jet gets shareholders" nod for raising $400 mn The shareholders of the company would meet on October 23, in order to approve the proposal to raise Rs 375 crore by allotting shares or by issuing Global Depository Receipts and Foreign Currency Convertible Bonds, Radico Khaitan said in a filing to the Bombay Stock Exchange. Shares of Radico Khaitan were trading at Rs 112.70 on the BSE, down 2.80 per cent from previous close.


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