QIP

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Pyramid Saimira to form JV for 100 malls, plans to raise Rs 4 billion

MUMBAI: Chennai-based theatre chain company Pyramid Saimira will enter into a 40:60 joint venture with a leading real estate company for setting up 100 malls entailing an investment of Rs 60 billion. The buzz is that Pyramid will sign the deal with IVRCL Infrastructure and Projects Ltd. "We are in...

Television TV Channels GECs
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WWIL likely to raise $100 million via QIP

MUMBAI: Wire & Wireless India Ltd (WWIL), Zee Group's demerged cable company, is likely to raise $100 million through qualified institutional placement (QIP) to fund its expansion programme including digitalisation and acquisition of cable operators. "WWIL is likely to raise $100 million via...

DTH DTH Operator
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TV18 to allocate 3 million shares for Rs 2 billion QIP issue

MUMBAI: Television Eighteen India Ltd. is, in its qualified institutional placement (QIP) issue, allocating 3.08 million shares at a price of Rs 650 per equity share. The company is raising Rs 1.99 billion through QIP, TV18 said in a statement. Indiantelevision had earlier reported that TV18 had...

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