JSW Energy to raise Rs 5,000 crore via QIP
April 2nd, 2024 19:27
A QIP is a way for listed companies to raise capital by issuing shares to eligible institutional bidders. Details of the QIP, dates, and pricing are yet to be determined.
GE Vernova completes spin-off from GE, begins trading on NYSE
April 2nd, 2024 19:27
The company said the spin-off was achieved by GE’s distribution of all shares of the common stock of GE Vernova Inc. Each holder of record of GE common stock received one share of GE Vernova Inc. common stock for every four shares of GE common stock held on March 19, 2024.
Blackstone eyes $300 million IPO of Indian diamond certification firm: Report
April 2nd, 2024 19:27
Blackstone acquired IGI for $570 million in May 2023 from Chinese conglomerate Fosun and the business's founding Lorie family. IGI has most of its business in India and describes itself as the world's largest independent lab for testing and grading diamonds and other gemstones and jewelry.
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