SBI Cards and Payment Services had raised Rs 550 crore by issuing bonds on a private placement basis
Move is expected to result in passive inflows of $89 million (Rs 650 cr) in Tata Consumer. Gail could see outflows of $57 million (Rs 410 cr)
The deal worth Rs 9,300-9,500 crore - biggest in the online grocery space so far-values BigBasket at Rs 13,500 crore
BSE FMCG index has gained just 2.4% since the Union Budget, compared to the 11.4% rally in the benchmark during the period
Incumbent Navin Gurnaney steps down; Dash will be fourth CEO to manage chain's India biz since it first launched in Oct 2012
Renuka Ramnath-led Multiples Private Equity sold nearly 12 lakh shares of multiplex chain operator PVR worth Rs 179 crore through open market transactions
Revenue from operations up 23% to Rs 3,069 crore
Says the firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March
The free-float market cap - a key parameter for index inclusion-of Tata Consumer Products is currently at Rs 36,000 cr, while that of Gail is about Rs 30,000 cr
The index is reconstituted semi-annually, considering six months data ending January and July