If the entire amount of Rs 24,000 crore is raised, then it would be the biggest fundraising exercise by any Indian company ever.
The company's IPO -- the first by a private bank in a decade -- was oversubscribed a staggering 69.62 times.
Combined net profit of BSE500 companies at $ 63 bn is 2.3% of GDP; global average is 5%.
These firms owe Rs 13 trillion to lenders and account for 55% of all non-financial corporate debt.
While existing players are expected to first drop prices, acquisition of smaller firms by larger ones is likely in future
The thrust, they feel, remains on design thinking, AI and digital besides enhanced focus on investing in selling and marketing efforts, expanding local talent base and re-skilling staff
Brokerages expect Nifty50 firms to post 11.8% growth in net profit in Q1 but sales may decline
Uttam Prakash Agarwal alleged that Citax and Braich offers were incomplete and did not include firm commitment as to the price, size, timings, confirmation from the banks about availability of the funds.
Five years after the Dutch brewer took 37.4% in Vijay Mallya's UB, it has bought another 1.35%.
RIL's December quarter performance is likely to be muted
Uniparts India and PNC Infratech are the latest companies to file initial public offer papers.
Jio will woo consumers with new products as well as technology, offering them quadplay services - TV, data, voice and mobile - seamlessly working across the platforms, with a single bundled offer and just one bill.
Laying fibre to home is a cumbersome and a slow process as every building has to be physically wired.
The company is targeting 100 million subscribers in shortest possible time, RIL Chairman Mukesh Ambani said
The market breadth in BSE remains healthy with 1,829 shares advancing and 721 shares declining
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
The transformer factory in Canada contributes about three per cent to the company's total sales.
Intensifying competition and possibility of further legal action to test expectations of recovery.
Most investors find it very hard to understand when markets have over-extended themselves and look for data points to understand when a correction is due.
The Street is especially looking forward to the management commentary to get a sense of its new direction
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
Maran's penchant for taking risks was visible last year again when he acquired Indian Premier League's Hyderabad cricket franchisee and named it Sun Risers.
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