The Board of Reliance Infrastructure approved raising of Rs 3,014 crore by preferential issue of up to 12.56 crore shares and convertible warrants at a price of Rs 240 apiece. The preferential issue will be made to Risee Infinity, a promoter group company, and to other investors namely Florintree Innovation LLP and Fortune Financial & … Read more
Bank of India has raised ₹5,000 crore through the issuance of infrastructure bonds, with the state-owned lender receiving bids far in excess of the notified amount for the debt sale. On Thursday, Bank of India sold 10-year infrastructure bonds for a total of ₹5,000 crore at a rate of interest of 7.54%, the lender informed … Read more
Tata Motors on Wednesday said it will build a cutting-edge vehicle manufacturing facility in Ranipet, Tamil Nadu, at an investment of ₹9,000 crore. The Tata group company signed a memorandum of understanding (MoU) with the Tamil Nadu government to establish the facility, its second plant in southern India. The unit is expected to generate about … Read more
The chance of winning the Powerball jackpot is 1 in 292.2 million. A mystery person in the US won a whopping $842.4 million Powerball jackpot on the first day of 2024. According to NBC News, lottery officials announced that a single ticket matched all six numbers drawn on January 1, winning the $842.4 million prize, … Read more
