Corporate finance: GK, General Studies and Current Affairs

SBI signs MoU with NIIF to boost capital availability for infrastructure projects

The State Bank of India (SBI) and National Investment and Infrastructure Fund (NIIF) have inked a memorandum of understanding (MoU) to boost the availability of capital for infrastructure projects. The scope of the MoU includes ..

Goa venue of 2018 Startup India Venture Capital Summit

On December 07, the Annual Startup India Venture Capital Summit 2018 has been organised by the Department of Industrial Policy and Promotion (DIPP) in collaboration with the Government of Goa with theme ‘Mobilizing Global Capital ..

Differential Voting Rights (DVR) Shares

A DVR share is like an ordinary equity share, but it provides fewer voting rights to the shareholder. The objective of issuing DVR shares is for prevention of a hostile takeover and dilution of voting ..

Government’s clearance to 10.82 percent disinvestment of stake in SAIL

The government has approved 10.82 % disinvestment of its hold in Steel Authority of India (SAIL). The SAIL public offer has got the clearance of the Cabinet Committee on Economic Affairs (CCEA). The share sale ..

Rs 35,000 Cr debt restructuring package for textile sector

The Centre agreed upon a Rs 35000 crore debt restructuring package to the textile sector. Step is taken to support the textile industry in this moment of crisis. The total outstanding debt of the textiles ..