CHOLAFIN News Today

Exicom Tele-Systems Files DRHP for IPO to Raise Funds

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The company intends to secure Rs 80 crore through a pre-IPO placement round.

• 29 September, 2023
• 2:43 PM
• less than a minute

Sony-Zee Merger Timeline Extended Amidst Regulatory Challenges

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The National Company Law Tribunal (NCLT) granted approval for the merger in August, dismissing objections from various creditors against Zee

• 29 September, 2023
• 2:33 PM
• less than a minute

NLC India Plans 2.4 GW Coal-Based Power Plants in Odisha, Secures 400 MW Power Purchase Agreeme...

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The company signed a power-purchase agreement with GRIDCO, an Odisha state power undertaking, for the purchase of 400 MW generated through thermal power plants in Jharsuguda and Sambalpur.

• 29 September, 2023
• 2:25 PM
• less than a minute

CJ Darcl Logistics Files IPO Papers to Raise Capital

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The company plans to utilize the proceeds from the fresh issue, amounting to Rs 240 crore, for debt repayment, with an additional Rs 10 crore allocated for the purchase of electric vehicles.

• 29 September, 2023
• 2:19 PM
• less than a minute

Private Equity-Backed Capital Small Finance Bank Files Draft Papers for IPO

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The IPO comprises a fresh issue of Rs 450 crore and an offer-for-sale of up to 24.12 lakh shares by existing shareholders and promoters.

• 29 September, 2023
• 2:04 PM
• less than a minute

Cholamandalam Investment and Finance Company Sees 2% Surge in Shares After Rs 4,000 Crore QIP A...

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The company's board will convene on October 4 to determine the issue price for the QIP

• 29 September, 2023
• 12:30 PM
• less than a minute

Accenture's Modest Growth Forecast Rattles Indian IT Stocks

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Accenture reported a 3% sequential decline in deal-bookings in Q4FY23 compared to earlier flat growth expectations, impacting the broader IT sector

• 29 September, 2023
• 12:26 PM
• less than a minute

Despite Global Challenges, TCS Tops India's Most Valuable Brands List at $43 Billion

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TCS successfully capitalizes on global demand for digital transformation, despite a challenging year for the business technology category in general, as stated by the data and consulting company

• 29 September, 2023
• 12:23 PM
• less than a minute

Last day to subscribe Valiant Laboratories IPO; retail portion fully booked

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The company has fixed the price band at Rs 133 to Rs 140 per equity share

• 29 September, 2023
• 12:03 PM
• less than a minute

Coforge receives a tax demand of Rs 83 crore for Fiscal Year 2019–20

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The company stated in a regulatory filing that it had received an income tax assessment order/demand order for the financial year 2019–20 (assessment year 2020–21) with a tax demand and interest.

• 29 September, 2023
• 11:45 AM
• less than a minute