The market managed to end with gains for the week as the Sensex rose 131.39 points to close 34,142.15, while Nifty gained 38.75 points to conclude at 10,491.05.
Data-sharing business Dropbox Inc on Friday filed for an initial public offering of up to $500 million with the U.S. Securities and Exchange Commission.
Sembcorp expects to raise about $380 mn from the sale of some utilities assets and plans to list its Indian energy business, as it reported a plunge in quarterly profit.
Bharat Dynamics and IREDA - have received Sebi's go-ahead to float initial public offerings.
British company SimplyBiz is joining a queue of financial services firms preparing for flotations of 150 million pound in London stock market IPO.
Industry experts are focusing on the current level of oil prices. However another key consideration for Saudi officials in floating up to 5 % of the state oil producer.
As many as 8 public sector companies will hit the capital markets next fiscal as the govt intends to unlock the real value of PSUs and bring in greater accountability.
John Energy, backed by ace investor Rakesh Jhunjhunwala, has filed draft papers with Sebi to raise an estimated Rs 350 crore through an initial public offering.
Markets regulator Sebi said retail investors applying for shares in IPOs would need to be compensated if bankers fail to make the allotment despite their eligibility.
UAE based Aster DM Healthcare Ltd’s IPO of shares on the Indian exchanges to raise 9.80 billion rupees was subscribed 1.3 times on the last day of the sale on Thursday.
Ultratech Cement leads race to take over Binani Cement
Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors
Dalmia Bharat offers Rs 6,300 Cr
Dalmia seen to lose as UltraTech offering equity stake to creditors
Final decision on winner to be ratified by NCLT
Business Standard Reporst
4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model
Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray
NHAI hopes to generate more than Rs 6000 cr Under TOT model
auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km
Successful bidder to get toll collection rights for 30 years
Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide
Recommend duty for 5 Yrs on DMAC originating from China and Turkey
Co bags Rajasthan Project
Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan
Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation
With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets
On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation
Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations
To be out of F&O if it does not declare quarterly results by March 1
All existing F&O contracts will expire on March 28
No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1