Business Daily from THE HINDU group of publications
Friday, March 7, 2008 ePaper | Mobile/PDA Version
|
Business Daily from THE HINDU group of publications Friday, March 7, 2008 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
||
|
News Update as at 18.00 hrs (IST)
Corporate Info Drive to raise $100 m MUMBAI: Info Drive on Friday said that it has received shareholders approval to raise capital to the tune of $100-million from domestic as well as international markets. Shareholders have approved raising the sum by issuing equity shares, debentures, wa rrants, global depository receipts and other securities through institutional allotment or by way of private placement, Info Drive informed the BSE. Besides, shareholders have also authorised the company to increase the share capital from Rs 30 crore to Rs 60 crore. The shares of Info Drive were trading at Rs 62, down 4.47 per cent on the BSE. - PTI
Prev: REC allots shares to 5 lakh retail investors Business Line | NUS Index | |
Related Topics Alliances & Joint Ventures Announcements Auditing Awards & Honours Bonus Announcements Company Law Corporate Bonds Corporate Disputes Corporate Governance Courts/Legal Issues Diversification Environment Human Resources Interview IPOs IPR Management Mergers & Acquisitions New Projects Open Offers Outlook Outsourcing Overseas Borrowings Overseas Investments People Performance Preferential Allotments Private Placement Regulatory Bodies & Rulings Research & Development Restructuring Rights Issue Sick Units Society & Development Standards & Benchmarks Taxation Trade & Labour Unions |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line
|