Hyderabad, July 3
NCC Ltd expects to complete the ₹600-crore proposed rights issue process before the second quarter of the current financial year. The Hyderabad-based infrastructure company has appointed merchant...
Mangalore, June 21
Syndicate Bank is targeting a business of ₹10 lakh crore by 2020, according to SK Jain, Chairman and Managing Director.
Replying to a query on the bank’s long-term plans by a shareholder...
Mumbai, June 11
About 75% of the money will be used to cut debt, which stood at ₹4,000 cr in FY-14
New Delhi, May 13
Fund raising by Indian companies through rights issue plunged 49 per cent to Rs 4,573 crore in 2013-14, according to a report by Prime Database.It said: “As of now, 2014-15 looks slightly m...
May 4, 2014
Regulations that speed up execution and the ‘big city’ projects can put this road developer on the fast lane »
Mumbai, April 25
The ₹524.5-crore rights issue of IL&FS Transportation Networks opens for subscription on April 28 and closes on May 12. The rights issue consists of an issue of 5.24 crore share...
New Delhi, Apr 10
IT services company Ramco Systems today said it aims to raise over Rs 123 crore by offering shares to existing investors. The company will offer about 79.58 lakh shares through the rights i...
Mumbai, April 8
Capital mobilised by Indian companies through rights issues surged nearly four times to Rs 240 crore in February compared to the preceding month. This has taken the cumulative capital raise...
July 15, 2014
Shriram EPC has informed the BSE that its board, which had met on July 15, has decided to defer the proposed rights issue to a later date. The company will intimate further developments in t...
Mumbai, July 2
Infrastructure firm NCC Ltd has sought market regulator SEBI’s clearance to raise up to Rs 600 crore through a rights issue.
NCC would issue equity shares for an aggregate amount “not exc...
Bangalore / New Delhi, June 16
FinMin likely to clear fund-raising plans
Hyderabad, May 27
IVRCL Ltd has informed BSE that the company Board will consider the proposal of raising funds by issue of equity shares preferably on rights basis or by any other permissible means.
May 9, 2014
Aditya Birla Nuvo Ltd has completed the sale of subsidiary Aditya Birla Minacs Worldwide Ltd to a group of financial investors led by CX Partners and Capital Square Partners, the company sa...
Mumbai, May 2
Proceeds to be used for development of business
New Delhi, April 21
Tata Power today said its Rs 2,000 crore rights issue has been oversubscribed by nearly two times. Tata Power had offered up to 33 crore equity shares at a price of Rs 60 per share for an a...
Hyderabad, April 9
NCC Ltd has decided to raise up to Rs 650 crore through rights issue of equity shares to the existing shareholders of the company. It has also decided to hike the authorised capital. Thi...
April 7, 2014
The NCC scrip may see market attention, as its board is meeting on Wednesday to consider a rights issue. As the company did not disclose any other details, price and quantum of the issue w...