Punjab & Sind Bank to raise Rs 2,000 crore via QIP this quarter: MD & CEO Swarup Kumar Saha – The Times of India

NEW DELHI: State-owned Punjab and Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement (QIP) during the ongoing quarter, a top official of the bank said. The…

Continue ReadingPunjab & Sind Bank to raise Rs 2,000 crore via QIP this quarter: MD & CEO Swarup Kumar Saha – The Times of India

Varun Beverages plans to raise Rs 7,500 crore to fuel expansion and growth – Times of India

NEW DELHI: PepsiCo's primary bottling partner, Varun Beverages, plans to fund its growth plans by raising Rs 7,500 crore through Qualified Institutional Placement (QIP). The company's board, according to a…

Continue ReadingVarun Beverages plans to raise Rs 7,500 crore to fuel expansion and growth – Times of India

SpiceJet clears pending salaries after Rs 3,000 crore capital infusion – Times of India

Domestic airline SpiceJet has settled all outstanding salary dues for its employees, following a significant capital infusion of Rs 3,000 crore, according to a source familiar with the development. Employees…

Continue ReadingSpiceJet clears pending salaries after Rs 3,000 crore capital infusion – Times of India

SpiceJet finalizes settlement with Engine Lease Financial Corporation – Times of India

PUNE: SpiceJet on Tuesday claimed that it had successfully resolved its dispute with Engine Lease Finance Corporation (ELFC) through an amicable settlement. ELFC, which had previously claimed $16.7 million, has…

Continue ReadingSpiceJet finalizes settlement with Engine Lease Financial Corporation – Times of India