1. Bharti Airtel's mega issuance buoys 2020 outlook for fundraising
Telecom major Bharti Airtel’s $2-billion fundraising has boosted the prospects for the new year, particularly through the qualified institutional placement (QIP) route.
Underpinned by a broad rally in the secondary market, corporate India will raise a significantly higher amount than it did last year through fundraising instruments such as QIPs and block deals, according to market experts. Read more
Telecom major Bharti Airtel’s $2-billion fundraising has boosted the prospects for the new year, particularly through the qualified institutional placement (QIP) route.
Underpinned by a broad rally in the secondary market, corporate India will raise a significantly higher amount than it did last year through fundraising instruments such as QIPs and block deals, according to market experts. Read more
2. ED digs deeper into Amrapali-JPMorgan case, probes 'ultimate beneficiaries'
The Enforcement Directorate (ED) is probing the “ultimate beneficiaries” of the Amrapali group’s homebuyers’ money, allegedly diverted