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Wheels India

Rights issue worth Rs 800 cr to be issued by four companies

Rights issue worth Rs 800 cr to be issued by four companies
At least four private equity firms including private sector lender Lakshmi Vilas Bank and infrastructure major IL&FS Engineering and Construction Company are looking to have rights issue worth more than Rs 800 crore. Mirc Electronics, which sells the Onida brand of TVs and drug firm Neuland Laboratories is looking to raise funds through this route. [...] Continue Reading »



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