This is the biggest equity-raising exercise by an Indian corporate within a financial year. The fundraising - led by Citibank, Goldman, Kotak and Axis Capital as bankers - will see participation by foreign and domestic institutional investors.
More cos could join the likes of Burger King and Antony Waste in giving listing another shot.
Globally, the focus has moved back to India, especially in terms of telecom assets. Vodafone Idea, with some 300 million customers, continues to be attractive with shares available at a low price.
Additionally, $5 billion worth of direct benefit transfers is estimated to occur in the next 12-14 months, said the Axis Capital report co-authored by Sachchidanand Shukla and Shiv Nanda.
Bandhan Bank has filed a draft red herring prospectus with Sebi for an IPO of up to 119 million equity shares, with face value of Rs 10 each.
The combined weight of IT companies in the benchmark Nifty 50 index is now at a five-year high of 15 per cent as these companies continue to outperform the broader market.
Saudi Aramco had right from the beginning resisted the price tag Reliance had put for the 20 per cent stake in O2C business, which comprises the company's twin refineries at Jamnagar in Gujarat, petrochemical plants and 51 per cent in fuel retailing venture.
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
The company's IPO -- the first by a private bank in a decade -- was oversubscribed a staggering 69.62 times.
FB deal puts RIL on course to be debt-free next year; Reliance Retail biggest gainer from WhatsApp, JioMart arrangement.
For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and branches in the north to acquire an all-India presence.
Vodafone and Bharti have pointed out that, for data, their revenue realisation should be at Rs 30-35 per GB for them to cover their costs as opposed to the current figure of over Rs 11 per GB. But Jio has suggested a gradual increase to Rs 15 per GB and then maybe to Rs 20 per GB after six to nine months.
are in the process of building one at the Jio Center in Bandra Kurla Complex where the Maker Maxity building used to be. "This theatre will be on the top of the mall and should be able to accommodate 300 cars, and is expected to open sometime in January or February next year.
Star had picked up stake in August 2004; transaction took place on the Metropolitan Stock Exchange of India
Coffee Day Enterprises has already raised over Rs 334 crore from anchor investors.
Global expansion to drive the company's fortunes
LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said
Bids for the issue, which opens on January 23 and closes on January 25, can be made for a minimum of 18 shares and in multiples of 18 thereafter.
The shares - close to 30% of the total holding - are expected to list on rival National Stock Exchange on or around February 3.
Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline
The open offer is slated to commence on June 17 and close on June 28
The problem for the NBFC sector is the funding inertia by banks and not lack of funds.
BSE, the oldest stock exchange in Asia, aims to raise up to Rs 1,243 crore from the IPO, which has a price band of Rs 805-806 per share.
With the July 1 deadline to apply for bank licence fast approaching, aspirants are scrambling to meet the Reserve Bank of India's (RBI) eligibility criteria to apply.
Market regulator Sebi has sought clarifications from the merchant banker of Videocon D2H Ltd, the satellite television arm of Videocon Group, regarding the company's proposed Rs 700 crore (Rs 7 billion) initial public offer (IPO).
Eight investment banks including HSBC and India's ICICI Securities and SBI Capital have submitted bids to manage a 10-per cent stake divestment in state-owned Coal India.
Bonuses are typically commensurate with deal activity in any given year. Investment banks, on average, pocket 2-3 per cent as fees for managing an IPO and 1.5-2 per cent for handling QIPs.
Analysts believe total cost of production at Rs 1,000/tonne reasonable for power firms.
Coffee Day Enterprises Ltd is backed by KKR & Co.
Indian companies are now more confident about the execution skills of local banks.
Offer size could vary from Rs 1,200 cr to Rs 2,000 cr
Budget this year has allowed PSBs to bring down govt stake to 51%
Analysts worry about possible loan waiver.
Will the rupee keep falling in value against the US dollar? What will be its impact?
Short-term gains are always unpredictable.
India accounted for a meagre 5.1 per cent of merger and acquisition (M&A) deals among emerging countries in the first nine months this year, the lowest in the BRIC (Brazil, Russia, India and China) nations.
Company feels automation is a big tool to drive down costs and improve efficiency
Even if some of those projects remain on paper, the potential for manufacturers and engineering firms is too big to ignore
Hamsini Karthik reveals why the ongoing business rejig will help unlock value for shareholders of Grasim, Reliance Capital and Tube Investments
Infosys: Sikka magic may revive double-digit revenue growth
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances