Tata Group's Trent Limited is raising R250Cr through QIP. It will issue 2.74 Mn sharesof R10/- each at a price of R912 per share.
In April 2010, Trent raised $22Mn through private placement of secured redeemable non-convertible debentures.
Shasun Pharmaceuticals Limited has sold its Velachery land for R29Cr to ITC group, according to BL.
Apollo Global Management LLC is acquiring vacations provider Diamond Resorts International in a USD $2.2 billion all cash deal. The transaction will be completed over the next few months.