YES Bank to raise Rs20,000 cr of capital via bonds These bonds can be of Tier I or Tier II Total Capital Adequacy Ratio can increase by 8.9% to 28.4% from 19.5% (as of Q3FY18).
Fortis Health: SC allowed lenders to sell shares, pledged by promoter before Aug 11 Axis Bank, YES Bank, RBL Bank & First Abu Dhabi Bank had moved the SC, seeking to sell their pledged shares As of Dec, promoter had 34.33% stake in co About 98.52% of those shares were pledged with lenders.
Prakash Inds to raise Rs 208 cr from promoters via issue of 1 cr convertible equity warrants @ Rs 208 each.
M&M to invest Rs 176 crore in Zoomcar India for 16% stake.
8K Miles launches proprietary Blockchain platform, 8K Health Edge.
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Positive: #YESBANK #FORTIS #PRAKASH #M&M #8KMILES