Sat, Nov 23, 2024 3:51 PM
Aadhaar card: Deadline to update details for free ends on THIS date
A Flip by Shubhangi Gupta
European buyout firm Permira is debuting its first deal in the $1 trillion US collateralized loan obligation market, as deals near an issuance record. The investment firm priced the $430.6 million deal on Friday, according to a person with knowledge of the matter. CLOs, the largest buyers of leveraged loans, repackage this debt into securities of varying risk and size.
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Zomato's shareholders have approved a proposal to raise up to ₹8,500 crore through a Qualified Institutions Placement to strengthen the company's balance sheet. The fundraising aims to enhance cash balance, which was reduced to ₹10,800 crore due to acquisitions and investments. Zomato's cash balance was reduced by ₹1,726 crore in the previous quarter.
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Eraaya Lifespaces shares are one of the multibagger stocks that the Indian stock market has delivered in 2024. In YTD time, the share price has risen more than 1700 per cent. The small-cap stock ended on Friday at ₹2,101.10 apiece, logging an intraday rise of more than 2.50%. In five years' time, this multibagger stock has delivered over 27,600 per cent returns to its positional investors.
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