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Apollo Tyres hires I-banks for QIP

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Apollo Tyres hires I-banks for QIP
Credit: Reuters

Gurgaon-based Apollo Tyres Ltd has hired two investment banks to raise capital through a qualified institutional placement (QIP), two people aware of the development told VCCircle.The company has hired JM Financial Ltd and the Indian arm of global investment bank UBS to manage the QIP, the persons said.Apollo Tyres had ......

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