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5 PSUs gave Rs 1.47 bn for Statue of Unity

ONGC, Hindustan Petroleum, Bharat Petroleum, Indian Oil and Oil India listed the spending as part of their mandatory CSR commitment, but CAG noted that the Sardar Patel statue did not qualify for......

Rights Issue See Sharp Decline

The fundraising through rights issues in the first 10 months of 2022 is the lowest since 2016 during a similar period. Illustration: Uttam Ghosh/   Equity capital raise via rights......

IPO mop-up plunges 32% to Rs 35,456 cr in H1

Just 14 companies raised Rs 35,456 crore through main-board primary share sales in the first half of the fiscal, down 32 per cent from the year-ago period when 25 issues had mopped up Rs 51,979......

It's raining public offers as markets make a comeback

More companies are harbouring aspirations to go public, following a sharp market rebound after June’s nadir. Illustration: Dominic Xavier/ In August, seven companies expecting to......

Private placements at lowest since 2014; total money raised down 23%

The total amount of money various entities have raised through the private placement route is at its lowest since 2014. Illustration: Dominic Xavier/ They raised a total of Rs 1.96......

LIC's $2.7-billion IPO set to be the fifth-biggest globally in CY22

LIC’s $2.7-billion initial public offering (IPO) shall be the fifth-biggest globally in CY22. South Korean EV battery maker LG Energy Solution holds the record for the year’s largest......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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