Bajaj Finance has entered into a Securities Subscription Agreement, Shareholders Agreement and Share Purchase Agreement on 25 November 2022 to acquire up to 40% stake (fully diluted basis) in Snapwork Technologies by way of primary and secondary transactions. The acquisition is proposed with the intention to strengthen the companys technology roadmap. The company will invest up to Rs 93 crore to acquire 40% stake (on […]
Indus Towers approved the offering of Non-Convertible Debentures (NCDs) of total up to Rs. 1,500 crore (Base issue size of Rs. 1,000 Crore and Green Shoe option of up to an additional Rs. 500 Crore) in three series, on private placement basis.Powered by Capital Market – Live News
One 97 Communications announced that its wholly owned subsidiary, Paytm Payments Services (PPSL), is in receipt of a letter from Reserve Bank of India (RBI) in response to an application from PPSL for the authorization to provide payment aggregator services (PA application) for online merchants. As per the letter, PPSL is required to take the following steps and resubmit the PA application within 120 calendar […]
Angel One has launched its Super App on the Android platform, to a limited set of users. Earlier this year, the company launched the Web and iOS versions of the Super App. The Super App incorporates detailed feedback received from clients over the years. Angel One has incorporated this feedback to provide its clients with a seamless experience. The company will soon commence a full-fledged […]
HDFC Bank has allotted 1324090 equity shares to the employees of the Bank pursuant to exercise of options under its Employees Stock Options Scheme (ESOS). The Paid up Share Capital of the Bank will accordingly increase from Rs. 5574597646 equity shares of Re.1/- each to Rs. 5575921736 equity shares of Re.1/- each. Powered by Capital Market – Live News
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