fundraising
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Business
NTPC Green Energy Eyes $12 Billion Valuation in Upcoming IPO
The wait for NTPC Green Energy Ltd. (NGEL)’s IPO may soon be over, as reports suggest that the state-run NTPC’s clean energy arm could launch its highly anticipated initial public offering (IPO) as early as next week. According to a Bloomberg report citing sources familiar with the plans, NGEL is seeking a valuation close to $12 billion for the offering,…
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USA
Harris and Trump Ramp Up Campaigns as Election Day Approaches
Washington, DC: As the U.S. Election Day draws near, Vice President Kamala Harris and former President Donald Trump are intensifying their final campaigns, utilizing a combination of star power, robust fundraising, and grassroots mobilization to appeal to undecided voters in key battleground states. Kamala Harris is on a mission to make history as the first woman, first Black woman, and…
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Business
Health Insurance Giant Niva Bupa Set for Public Listing with ₹3,000 Crore IPO
True North, a prominent home-grown private equity firm, is spearheading an initial public offering (IPO) for Niva Bupa Health Insurance Ltd., previously known as Max Bupa Health Insurance Company. The Securities and Exchange Board of India (SEBI) has granted final observations for the firm to raise ₹3,000 crore through this IPO, marking a significant milestone for the company. Niva Bupa…
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India News
PM Modi Launches Annual Auction of Mementoes, Proceeds to Aid Ganga Conservation
Prime Minister Narendra Modi has called on citizens to participate in the auction of mementoes he has received over the years, highlighting that the funds generated will support the ‘Namami Gange’ project. Taking to X (formerly Twitter), the Prime Minister shared, “Every year, I auction the mementoes gifted to me during various public events. The funds raised from this auction…
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World News
Australia: Grieving Widow Seeks Support to Send Husband’s Remains to India
In a tragic incident in Melbourne, Australia, 26-year-old Indian man Khusdeep Singh lost his life in a car crash on Palmers Road around 11:15 pm. Singh’s vehicle crossed the median strip and rolled multiple times, resulting in his demise. Emergency services responded promptly, but Singh succumbed to his injuries at the scene. Investigations are ongoing, with authorities considering fatigue as…
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Money
IIFL Samasta Finance Gears Up for ₹1,000 Crore Bond Listing on BSE and NSE
IIFL Samasta Finance, a prominent NBFC-MFI in India, is set to raise ₹1,000 crore through its debut public offering of secured bonds. The funds aim to support business expansion and enhance capital resources, offering investors a secure opportunity with interest rates up to 10.50%. The company plans to issue ₹200 crore initially, with a green-shoe option for oversubscription, potentially raising…
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