Business
October 19, 2024
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UCO Bank plans to raise Rs 2,000 crore via QIP in Q3

UCO Bank plans to raise Rs 2,000 crore via QIP in Q3

NEW DELHI, State-owned UCO Bank on Saturday said it is planning to raise up to Rs 2,000 crore through share sale during the December quarter. The plan to come out with Rs 1,500-2,000 crore qualified institutional placement in the current quarter as part of the strategy to meet minimum public shareholding (MPS) norms, UCO Bank […]

Business
October 08, 2024
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SpiceJet's grounded planes to fly again within 2 years; earmark Rs 400 crore

SpiceJet's grounded planes to fly again within 2 years; earmark Rs 400 crore

SpiceJet informs DGCA all its grounded planes to fly again within 2 years; earmark Rs 400 crore for that. NEW DELHI: Thanks to its recent Rs 3,000-crore funding, SpiceJet has informed the Directorate General of Civil Aviation (DGCA) it plans to have all its grounded planes back in the air within 18-24 months. Ajay Singh’s […]