Fund mobilisation by Indian firms through issuance of shares to institutional investors dropped by 64 per cent to nearly Rs 1,900 crore during April 2018, in comparison to the year-ago period.
State-owned Canara Bank today said it will raise up to Rs 7,000 crore through various means, including rights issue and qualified institutional placement (QIPs).
Yes Bank today got shareholders' nod for raising USD 1 billion (about Rs 6,700 crore) from various instruments, including Qualified Institutional Placements (QIPs).
Auto component maker Minda Corporation today said it has raised Rs 310 crore from qualified institutional placement (QIP) of shares.
Adani Transmission posted 58 per cent jump in consolidated net profit at Rs 150.27 crore for the March quarter of 2017-18.
United Bank of India today said it plans to raise up to Rs 1,500 crore in equity capital during the fiscal.
DLF plans to launch QIP in June for raising Rs 4,000-4500 crore through sale of shares to institutional investors as part of its objective to become debt free company.
The FinMin is considering writing to Sebi seeking relaxation for certain state-owned firms from meeting the minimum 25 per cent public shareholding norm.
RPower has got shareholders' approval to raise up to Rs 2,000 cr by issuance of securities through QIP for paring its debt.
Indian companies raised Rs 4,975 cr by issuing NCDs to retail investors in 2017-18 to meet their business requirements.
I-T department probing acquisition of Chanda Kochhars Mumbai Residence
I-T department looking into acquisition of the residence by Deepak Kochhar
Acquisition of residence said to be linked to firms of Videocon group
Indian Express Reports
BANK OF MAHARASHTRA
3 officials including MD & CEO RP Marathe, ED RK Gupta arrested in Pune
Arrests are in connection to fraudulent loans sanctioned to Kulkarni Developers
Outstanding exposure to DS Kulkarni Developers at Rs 94.52 Cr
RITES IPO subscribed 0.6x on day 1
Fine organic industries IPO subscribed 0.12x on day 1
SBI's B Sriram takes additional charge as MD & CEO of IDBI Bank
B Sriram is the longest serving PSB MD
B Sriram Has Experience In Managing Stressed Assets
Wins bid for Connaught Place in Delhi
Taj Group wins 33-year lease for Connaught Hotel in E-auction
Offered to share 31.8% of annual revenue earned with civic body
Have not received any notice from ED on FEMA violations
U.S. to levy tariff on Indian welded pipes
U.S. imposes anti-subsidy duties of upto 500% on welded pipes from India
China, South Korea, & Turkey to also face duties from U.S.
U.S. imported large-diameter welded pipes worth $294.7 Mn from India in 2017
U.S. International Trade Commission scheduled to make a final decision By Dec 20