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The source said Care Health could, therefore, pass a fresh resolution for the grant of Esops to Saluja without requiring any Irdai approval
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Burman said the family office has been a shareholder of REL since 2018 and participated in its two preferential issues in 2018 and 2021
The actual sale of shares that happened on 21st and 22nd September by Saluja was made at then prevalent market price
The group's holding company, Vedanta Resources, is also looking to sell part of its 63.71 per cent stake in Vedanta Ltd to meet any funding requirements
The talks with private equities and other investors were initiated after JSW Ports and the Adani group made offers of around Rs 3,000 crore to acquire Gopalpur Port
PE investment to flow to financial, healthcare, and consumer sectors
The group may look at raising by pledging shares of other group entities
Bankers said the group's good track record in repaying debt on time has helped it raise funds at competitive rates from overseas
Adani Ports & SEZ and TotalEnergies have jointly invested Rs 1,900 crore in the terminal project so far and the Adani firm started investing in the project from 2016 onwards
For the first half of the ongoing financial year, the company reported a loss of Rs 672 crore on total income of Rs 1,046 crore, according to filings with the stock exchanges
Adani, Hinduja, Torrent raise funds for acquisitions
The first quarter of the current financial year has shown improved profitability, driven by a decrease in input prices
On Wednesday, shares of Black Box closed at Rs 204, giving the company a total valuation of Rs 3,427 crore
The Hinduja group was in talks with Barclays, JPMorgan, Cerberus Capital Management and Apollo Global Management to raise up to $850 million