Equity Dilution

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Bank recapitalisation: Dilution of govt stake in state-run lenders may fetch more than Rs 58,000 crore
Business

Bank recapitalisation: Dilution of govt stake in state-run lenders may fetch more than Rs 58,000 crore

The programme entails mobilisation of capital, with maximum allocation in the current year, to the tune of about Rs 2,11,000 crore over the next two years,

 Will QIP lighten Hotel Leela's debt pile?
Business

Will QIP lighten Hotel Leela's debt pile?

Hotel Leelaventure plans to raise about Rs 1,000 crore through a share sale to institutions by December to trim its debt pile.The firm had earlier planned to raise Rs 6,000 crore by selling stake to private equity players, but is now looking at QIP as the preferred mode.