Billionaire Gautam Adani-led group's power transmission unit has raised $1 billion through a share sale, the first public equity raise by the conglomerate since a damning Hindenburg report, which wiped away billions in shareholder value. Adani Energy Solutions Ltd raised the funds through a qualified institutional placement (QIP) issue, sources with direct knowledge of the matter said. The QIP, which opened on Tuesday, was oversubscribed three times with demand of about Rs 26,000 crore - making it the largest transaction in India's energy space.
'An equity-based index fund should be held for more than five years to average out market volatility and achieve financial goals.'
We bring you glimpses of Raksha Bandhan celebrations in previous years from across the country.
A look at the top tweets from your favourite Bollywood celebrities.
Here's what your favourite Bollywood celebrities are tweeting.
A financial Raksha Bandhan gift isn't as much fun as a regular gift. However such a gift is much more worthy then a box of chocolates from a fancy mall.
Bandhan expects to commence banking operations in 2015, by opening nearly 600 branches targeting 10 million customers.
So Raksha Bandhan is around the corner and you're probably fretting over what you should be getting your sister when she shows up with that rakhi. Here's a quick list of gadgets you can gift your sis this Raksha Bandhan.
Have you shared yours yet?
The NCP chief has not concealed his ambition to occupy the top post in the state in the past.
Ajit Pawar also said he was "not interested" in contesting elections anymore.
Readers send in messages for their siblings ahead of Raksha Bandhan on August 5.
Bigg Boss 18 is all set to return to our screens on October 6. Hosted by Salman Khan, the names of the contestants who will be participating are not revealed yet.
We are inviting you, our readers, to tell us of the most memorable moments you've shared with your sister and brother.
The Khan-daan's Rakhi celebrations.
Several Bangladeshis, who have come to Kolkata either for medical treatment or education or other purposes, are now stranded in the city and concerned about the ongoing violence and abrupt change of regime in their country.
The Indian equity markets will soon account for over a fifth of a key emerging market (EM) benchmark tracked by funds with assets exceeding $500 billion. This development is expected to funnel as much as $3 billion into the domestic markets. Following the latest review undertaken by global index provider MSCI, India's weighting in the MSCI EM index will surpass 20 per cent for the first time, narrowing its gap with the current top-weighted China to fewer than 400 basis points.
Are you eager to get that band around your wrist? That band that symbolises love and support. Here's what some young people had to say about this ancient holiday.
'If 99.99 per cent of these micro borrowers are good at repaying their loans, why can't we look at the SMEs and MSMEs and replicate the same model for them with our stringent risk management system,' Chandra Shekhar Ghosh, chairman and managing director of India's newest private sector bank, tells Prasanna D Zore/Rediff.com.
The ruling Mahayuti alliance in Maharashtra is heavily banking upon a six to 10 per cent shift in voters -- mostly women -- in its favour to return to power with anywhere between 160 and 170 assembly seats, say four MLAs belonging to Eknath Shinde's Shiv Sena.
Former India all-rounder Irfan Pathan has once again found himself at the receiving end for sharing a snap of himself celebrating the festival of Raksha Bandhan, on Monday.
As the fight for deposits intensifies, the cost of money will rise and the margin will be under further pressure, points out Tamal Bandyopadhyay.
The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay.
Bandhan Financial Services, which was given a banking licence on Wednesday, hopes to come up with a unique business model, with a mix of doorstep and retail banking.
Over 75 per cent of the bank's Rs 175 crore NPA arises from Uttar Pradesh, Madhya Pradesh and Maharashtra.
Declaring that 'enough is enough', President Droupadi Murmu on Wednesday said it is time for India to wake up to the 'perversion' of crimes against women and counter the mindset that sees women as 'less powerful, less capable, less intelligent'.
Sex workers in Kamathipura, central Mumbai, tie a rakhi on the postman who brings them mail -- and this week, a gift of the Tiranga.
'I was completely in awe of him. After the shot was okayed, I would quickly run back to my chair and sit quietly till I was called again.'
It's time to surprise your sibling with these delightful Raksha Bandhan treats.
Rajul Hegde caught up with a host of TV stars and got them to share their special memories and plans for Raksha Bandhan tomorrow.
From start to finish, Dharmaveer 2 feels less like a biopic and more like propaganda crafted for Eknath Shinde's political gain, observes Prasanna D Zore.
To celebrate the special bond siblings share on the occasion of Raksh Bandhan, we invited readers to share special moments they've spent with their brothers/sister. Here are some of the responses we received. Share yours!
Here's what your favourite Bollywood celebrities are tweeting.
On the occasion of Raksha Bandhan, many women and children came out to tie rakhis to their brothers.
Often close friendships might take an uncertain turn when a close pal decides to take your relationship to the next level -- the brother-sister level. How do you dela with the situation if you feel more romantically inclined?
She'd like to be known as a woman who is 'more than just a pretty face'.
More than a dozen Mountain Rescue Teams assisted thousands of pilgrims during this year's Amarnath pilgrimage in the south Kashmir Himalayas, officials said on Monday, as the annual yatra concluded with more than 5.10 lakh pilgrims offering prayers at the cave shrine.
Send us your favourite Raksha Bandhan anecdote about the festival or the the best gift you received.
Various people also presented the President with rakhis.
These government school students do. Every day.
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