The funds are to be held in an escrow account between the State Bank of India and JKC.
According to an official statement, the decision was made during a meeting of the Cabinet Committee.
The OFS will open to retail investors on Friday.
Metro Brands recently signed a long-term partnership agreement with Foot Locker, Inc., granting exclusive rights to operate Foot Locker stores in India
The strategic move aims to enhance operational efficiency, allowing Indian Bank to concentrate more effectively on core banking functions
Tata Consumer MD & CEO Sunil D'Souza emphasizes that these acquisitions will enhance shareholder value
Investors with very high risk appetite and want to invest for 5 to 7 years to diversify their portfolio in large cap companies stocks should invest in Motilal Oswal Large Cap Fund.
Nifty was trading at Rs 21,602 which is a 0.65% increase than previous close
TCS Declares Rs 9 and a special dividend of Rs 18, HCL Tech Announces Rs 12 Per Share for FY 2023-24
In a regulatory filing, Dixon Technologies disclosed that the DRI's search focused on the classification of raw materials imported for manufacturing a specific product
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