Share Market News

APL Apollo Tubes will divest Blue Ocean Projects to SG Realtor for ₹160 crore in an arm's length related-party deal, expected by December 2026. Read more for key details.

IIFL Finance has received board approval to raise up to ₹10,000 crore through various fundraising routes. The Board has also proposed increasing the borrowing limit to ₹75,000 crore.

Power Finance Corporation and REC Ltd boards have approved a scheme of merger according to which REC will be merged into PFC and shareholders will be given 88 shares of PFC for every 100 shares held in REC. The combined entity will have a loan book exceeding ₹11 lakh crore. Read ahead to know more.