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Cipla mops up Rs 671 cr through QIP

Source: The Economic Times

Mumbai : India | 2 months ago

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Indian generics drug maker Cipla has raised $140 million (nearly Rs 671 crore) through a qualified institutional placement (QIP) of shares to fund expansion and retire debt. A person close to the company said Cipla would require capital expenditure of around Rs 600 crore this financial year and the...

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Suzlon Energy promoters raise Rs 678 cr from 4.5% stake sale

News Source: The Economic Times | 2 months ago

The promoters of Suzlon Energy on Wednesday raised nearly Rs 678 crore ($142 million) by selling 4.5% of their stake primarily to retire debt that the wind turbine maker had taken to acquire assets globally. While it isn’t yet clear who bought the...
Cipla mops up Rs 671 cr through QIP

News Source: The Economic Times | 2 months ago

Indian generics drug maker Cipla has raised $140 million (nearly Rs 671 crore) through a qualified institutional placement (QIP) of shares to fund expansion and retire debt. A person close to the company said Cipla would require capital expenditure...
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News Source: The Economic Times | 2 months ago

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News Source: NewKerala | 2 months ago

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