Mumbai-based Money Matters Financial Services Ltd (MMFS) has raised Rs.445 Cr ($100 Mn) at Rs.625.25 per share through QIP to fund its debt market business.
Post QIP, promoter shareholding has reduced by 14.11% from 69.12% as on September 30, 2010 to 55.01%.
Transaction Reference: Livemint
Mumbai-based drug-maker Twilight Litaka Pharma Limited has bought 26% stake in South Africa's Interpro Healthcare Ltd.
In a move to avoid real estate cost and increase profitability, Yum! Restaurants, the owner of KFC brand is planning to sell its western India KFC business to one of its franchisees.