RIL completes acquisition of 40 per cent stake in SWREL

March 2022

Reliance Industries Limited (RIL) has completed the acquisition of a 40 per cent equity stake in the Shapoorji Pallonji Group’s Sterling and Wilson Renewable Energy Limited (SWREL). RIL’s subsidiary Reliance New En­ergy Limited has acquired […]

Airtel Uganda to launch its IPO by year end

March 2022

Airtel Uganda is reportedly planning to float an IPO by the end of 2022. The company had renewed its operating licence in 2020, with one of the conditions for the new licence being Airtel Uganda […]

TVS Supply Chain files DRHP with SEBI for IPO

March 2022

TVS Supply Chain Solutions, a subsidiary of the erstwhile TVS Group, has filed the draft red herring prospectus with market regulator SEBI. The initial public offering (IPO) will consist of a fresh issue of equity […]

IIFCL raises Rs 60 billion via debt to fund infra projects

March 2022

India Infrastructure Finance Company Limited (IIFCL)  has raised Rs 15 billion in debt to realise the government’s infrastructure vision. With the objective of promoting long-term infrastructure funding in India, IIFCL has obtained funds from the domestic […]

IL&FS group to resolve debt of Rs 550 billion by March

March 2022

  The IL&FS Group stated that it would resolve debt totalling Rs 550 billion by March 2022 through asset monetisation, restructuring, and in­sol­vency pro­ceeding initiatives, in its affidavit filed before the National Company Law Appellate […]

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