Page 4 - Preferential Issue News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Get latest articles and stories on Business at LatestLY. New Delhi [India], August 16: Spacenet Enterprises India Ltd, a global fintech enterprise (NSE: SPCENET), has announced its intention to raise 100 Crores through Preferential Issue and the board has approved of the same.   The board has also approved its investments in BillMart.com, a Mumbai based fintech start-up that delivers digital bill discounting services catering to MSMEs and Corporates. Business News | Spacenet Board Approves to Increase Its Stake in Fintech Company BillMart.com.

Spacenet’s approach is global, and they are committed to contributing to the broader fintech ecosystem.

Axis Bank stock has given a return of 9.31 percent over the last six months.

Axis Bank to increase stake in Max Life to 16.22% by infusing ₹1,612 crore through preferential allotment of shares

The bank said the acquisition would strengthen its position in life insurance business