Mon, Dec 23, 2024 10:19 AM
Gold prices rise by Rs 900/10 gm in 2 days, silver up by Rs 1,750/kg
A Flip by Shubhangi Gupta
GEF Capital Partners, which last week led a funding round in the global products and solutions unit of Vedanta-owned Sterlite Power Transmission, has made a fresh bet in modular construction segment. The clean energy-focused investment firm, created as a collaborative spinout from the Global Environment Fund in 2018, has invested $20 million (Rs 170.2 crore) in EPACK Prefab, a turnkey solution.
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GSP Crop Science Limited, an Ahmedabad-based Agrochemical Company, has filed its DRHP with the capital markets regulator, the SEBI to raise funds through an IPO. The IPO is a combination of a fresh issue of shares and an offer for sale. GSP Crop Sciences will be issuing share up to ₹280 crore and besides there is an offer for the sale of up to 6 mn equity shares of face value of ₹10, by promoter
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Domestic investors kept the markets buoyed in 2024, with mutual funds and retail participation lifting the benchmarks and broader markets to fresh lifetime highs. As a result of the bullishness seen, especially in the first half of the calendar year, private equity (PE) and VC firms, along with insiders, capitalized on the market momentum and made some part exits from their listed holdings.
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