Thu, Jun 23, 2022 6:38 PM
Splash Beverage inks deal to buy 80% stake In Pulpoloco Sangria
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NEW DELHI: Hindustan Construction Company Limited (HCC) on Friday said its rights issue has been oversubscribed by 250 per cent, with the company receiving applications worth Rs 877 crore against an issue size of Rs 350 crore.The company, in a statement, said it has retained an amount of Rs 350 crore, corresponding to 100 per cent of the rights issue size.
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Noida-based Trident Realty has raised ₹1,200 crore through sale of assets, including Shipra Mall in Ghaziabad and a land parcel in Gurugram, as part of plans to focus on its residential business and exit non-core assets, said people. The company plans to use the proceeds to strengthen its residential portfolio, as it has lined up projects worth ₹15,000 crore for launch in 2024-25.
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Yes Bank founder Rana Kapoor was released from a prison here on Friday evening, hours after being granted bail by a court in an alleged loan fraud case. Kapoor was first arrested in March 2020 in a money laundering case by the Enforcement Directorate. The ED and Central Bureau of Investigation (CBI) have registered a total of eight cases against him related to alleged frauds at Yes Bank.
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