No. 3 Brazilian hotel operator BHG SA said on Monday it will issue up to 524.8 million reais ($265 million) in new common shares, according to a regulatory announcement. The company, known as Brazil Hospitality Group, said the pricing of the new shares is scheduled to take place on April 18.
REFILE-India's Infosys says reassessing long-term goals due to tougher market
Bengaluru, June 24 Infosys Ltd, India's second-biggest software services exporter, is re-evaluating its long-term targets because tougher market conditions have made them appear "daunting", the company's chairman said on Saturday.