Adani Energy Solutions Ltd. (NSE: ADANIENSOL), the power transmission unit of the Adani Group, has successfully raised $1 billion through a qualified institutional placement (QIP). This marks the conglomerate’s first public equity raise since the Hindenburg report earlier this year, which led to a significant drop in the group’s market value. Abu Dhabi Investment Authority Read more: Adani Energy Solutions raised $1 billion through QIP..
Vedanta QIP: Vedanta Limited announced the launch of its Qualified Institutional Placement (QIP) on July 15, 2024, with a floor price of ₹461.26 per share. Through Vedanta QIP, the company aims to raise up to ₹8,500 crore through this QIP. Vedanta QIP Details: Floor Price: ₹461.26 per equity share (with a possible discount of up Read more: Vedanta QIP announced to launch| Right time to launch QIP? – Check..
Punjab and Sind Bank has ambitious plans to expand its reach across the country. In the current financial year (2024-25), they aim to open 100 new branches, bringing their total number of branches to 1,665 by the end of the year. Additionally, they plan to add 100 new ATMs to their network, increasing the total Read more: Punjab and Sind Bank to open 100 new branches | Check Expansion Plans FY25..