News for 'Ajay Garg'

Rights issues hit 28-year high as QIPs shrink amid market correction

Rights issues hit 28-year high as QIPs shrink amid market correction

Rediff.com5 Jan 2026

The number of rights issues more than doubled and hit a 28-year high in 2025, even as qualified institutional placements (QIPs) shrank amid a broader market correction and the Securities and Exchange Board of India's (Sebi's) revised framework for rights issues.

Lookout notice issued against Zubeen Garg's manager

Lookout notice issued against Zubeen Garg's manager

Rediff.com27 Sep 2025

Assam Chief Minister Himanta Biswa Sarma said on Saturday that lookout notices have been issued against North East India Festival organiser Shyamkanu Mahanta and Zubeen Garg's manager Siddharth Sharma in the singer's death case.

Healthcare IPOs See A Surge In 2025

Healthcare IPOs See A Surge In 2025

Rediff.com8 Jan 2026

The surge has come alongside a decline in average issue sizes and more muted listing-day returns compared with last year.

IPO Count Crosses 100 After 18 Years

IPO Count Crosses 100 After 18 Years

Rediff.com15 Dec 2025

The milestone crowns a record year for the domestic primary market where IPO mobilisation is set to cross Rs 1.7 trillion.

2026: How Will Residential Real Estate Grow?

2026: How Will Residential Real Estate Grow?

Rediff.com5 Jan 2026

While gold continues to provide safety after its strong 2025 rally, well-chosen real estate investments held with a long-term view remain attractive.

Bareilly magistrate Alankar Agnihotri resigns over UGC rules, alleges 'anti-Brahmin campaign' in UP

Bareilly magistrate Alankar Agnihotri resigns over UGC rules, alleges 'anti-Brahmin campaign' in UP

Rediff.com27 Jan 2026

Meanwhile, the Uttar Pradesh government has suspended Bareilly City Magistrate Alankar Agnihotri on charges of indiscipline after he resigned from service in protest against government policies.

Sectors that are leading 2025 IPO charge

Sectors that are leading 2025 IPO charge

Rediff.com13 Aug 2025

India's initial public offering (IPO) market is rewriting the rules of sectoral dominance, with a diverse slate of companies entering the stock market arena.

IPO Boom Faces Reality Check Amid Market Volatility

IPO Boom Faces Reality Check Amid Market Volatility

Rediff.com28 Oct 2025

More than a third of 83 mainboard IPOs this year ended their debut sessions in the red, with losses of up to 35 per cent.

Violent mob attacks convoy carrying accused in Zubeen death case

Violent mob attacks convoy carrying accused in Zubeen death case

Rediff.com15 Oct 2025

An agitated mob attacked a convoy carrying the accused in cultural icon Zubeen Garg's death case in Assam, leading to violence, property damage, and internet shutdowns.

Sensex, Nifty fall on selling in Axis Bank, Indo-Pak tensions

Sensex, Nifty fall on selling in Axis Bank, Indo-Pak tensions

Rediff.com25 Apr 2025

However, Tata Consultancy Services, Infosys, Tech Mahindra, UltraTech Cement, IndusInd Bank, Hindustan Unilever and ICICI Bank were the gainers.

Has Vijay Changed After Karur Stampede?

Has Vijay Changed After Karur Stampede?

Rediff.com25 Oct 2025

Vijay, despite the loud message from his delayed arrival at the road-show/stampede venue, and more so his continued inaccessibility for fans-turned-cadres after graduating from a super-star to a political party leader with electoral ambitions, refuses to change. Or, so it seems, observes N Sathiya Moorthy.

Can CBI Karur Stampede Probe Impact TN Polls?

Can CBI Karur Stampede Probe Impact TN Polls?

Rediff.com14 Oct 2025

If the TVK joins the NDA, there is every likelihood of the AIADMK winning an absolute majority in the 234 seat assembly and wanting to form a stand-alone government. In turn, it could mean that the BJP especially and the TVK equally so, will want to restrict the AIADMK's seat share closer to the cut-off figure, if only to ensure that EPS won't get the absolute majority that he desires (if the NDA won, that is) and will have to settle for a coalition government, observes N Sathiya Moorthy.

Bribery case: Rail minister denies any relation with Garg

Bribery case: Rail minister denies any relation with Garg

Rediff.com7 May 2013

In response to a report in a section of media, Railway Minister P K Bansal on Tuesday clarified that Ajay Garg, an alleged middleman in the Rs 10 crore bribery case, has no connection with him.

Explained: The Boom In 2024 Right Issues

Explained: The Boom In 2024 Right Issues

Rediff.com24 Aug 2024

With Rs 17,087 crore raised so far this calendar year, the total is already 2.4 times that of the full year of 2023, which stood at Rs 7,266 crore.

'On Track For Best-Ever IPO Year In India'

'On Track For Best-Ever IPO Year In India'

Rediff.com10 Sep 2024

During the first eight months of CY24, 50 IPOs mobilised Rs 53,453 crore.

Jolt to AAP as 8 outgoing MLAs join BJP days ahead of Delhi polls

Jolt to AAP as 8 outgoing MLAs join BJP days ahead of Delhi polls

Rediff.com1 Feb 2025

Most of the MLAs shared their resignation letters on social media and slammed the Aam Aadmi Party over corruption and other issues.

Khoj: Parchaiyon Ke Uss Paar Review: Predictable

Khoj: Parchaiyon Ke Uss Paar Review: Predictable

Rediff.com28 Dec 2024

Khoj: Parchaiyon Ke Uss Paar is too pretentious a title for the far-fetched, lightweight thriller that follows, feels Deepa Gahlot.

Stung by shift from finance ministry, Garg seeks VRS

Stung by shift from finance ministry, Garg seeks VRS

Rediff.com25 Jul 2019

It was not immediately clear when Garg submitted his voluntary retirement scheme application to the government. It was also not known if the government would accept the application. If he hadn't applied for VRS, he would have retired from government service at the end of October 2020 on attaining of 60 years of age. Garg did not answer phone calls seeking his comments.

Fundraising via QIPs gain traction as India Inc looks for growth capital

Fundraising via QIPs gain traction as India Inc looks for growth capital

Rediff.com5 Mar 2024

Equity fundraising through qualified institutional placements (QIPs) has gained traction, thanks to supportive equity markets and the need for fresh fundraising to meet capital expenditure (capex) requirements.

IPO rush ahead of FPI holiday season

IPO rush ahead of FPI holiday season

Rediff.com21 Dec 2023

More than half a dozen companies will hit the market with their initial public offerings (IPOs) between now and the end of next week. The cumulative amount raised from these IPOs is expected to be around Rs 8,000 crore. Stationery products firm DOMS Industries and home financier India Shelter Finance's IPOs - of Rs 1,200 crore each - got off to a flying start on Wednesday (December 13), with the former garnering over six times the subscription and the latter getting 1.5 times subscribed.

Banks lead QIP revival in 2023: Listed cos raised Rs 53,070 cr so far

Banks lead QIP revival in 2023: Listed cos raised Rs 53,070 cr so far

Rediff.com20 Dec 2023

Fundraising through qualified institutional placement (QIP) has revived this year, led by commercial banks, after a lacklustre 2022. According to data compiled by Prime Database, Indian companies have raised Rs 53,070 crore in 2023 so far, of which seven banks - Union Bank of India, Indian Bank, Bank of India, Federal Bank, IDFC First Bank, Bank of Maharashtra, and J&K Bank - account for Rs 21,290 crore, or about 40 per cent. If other financial institutions are included, the figure surges to Rs 26,690 crore.

As finance secretary, Garg rubbed too many the wrong way

As finance secretary, Garg rubbed too many the wrong way

Rediff.com25 Jul 2019

Owing to Finance Minister Nirmala Sitharaman being new to her role, a number of crucial announcements in the Budget bore Garg's imprint, especially the decision to borrow in overseas markets, reduce the fiscal deficit as a percentage of gross domestic product, and resort to off-Budget borrowing to meet that target, says Arup Roychoudury.

Fireworks on D-Street: Four IPOs to raise over Rs 6,600 crore this year

Fireworks on D-Street: Four IPOs to raise over Rs 6,600 crore this year

Rediff.com22 Nov 2023

Diwali fireworks are expected to continue on Dalal Street next week, with four companies collectively seeking to mobilise over Rs 6,600 crore through initial public offerings (IPOs). In terms of the amount raised, this is poised to be the busiest week of calendar year 2023. Tata Technologies (Tata Tech), a subsidiary of Tata Motors, could lead the charge with an IPO projected to be over Rs 2,900 crore. This will mark the first maiden share sale by a Tata Group firm in nearly two decades.

Railway bribery case: Aide of Bansal's nephew arrested

Railway bribery case: Aide of Bansal's nephew arrested

Rediff.com7 May 2013

Ajay Garg, a close aide of Union Railway Minister P K Bansal's nephew and an alleged middleman in the Rs 10 crore bribery case, was arrested on Tuesday after he surrendered before a Delhi court, which remanded him in the Central Bureau of Investigation custody till May 9.

Over Rs 7,000 crore IPOs on launchpad as Nifty50 crosses 20,000 mark

Over Rs 7,000 crore IPOs on launchpad as Nifty50 crosses 20,000 mark

Rediff.com21 Sep 2023

With the Nifty50 surging past the 20,000 mark, the markets are experiencing a spate of initial public offerings (IPOs) with four issues set to raise over Rs 4,673 crore this week. Another quartet, cumulatively worth Rs 3,000 crore, is expected to launch next week. Companies like RR Kabel, SAMHI Hotels, Zaggle Prepaid Ocean Services, and Yatra Online are set to hit the primary market this week, while Signature Global, Updater Services, Sai Silks (Kalamandir), and Vaibhav Jewellers are slated for next week. This flurry of activity is driven by multiple factors including buoyant market conditions, increased demand for IPOs, and specific rule on the disclosure of quarterly financials.

UP bypolls: Is SP's seat snub to Cong linked to Haryana rout?

UP bypolls: Is SP's seat snub to Cong linked to Haryana rout?

Rediff.com13 Oct 2024

Despite this setback, Pandey emphasised that discussions regarding ticket distribution are ongoing and solutions will be found through timely communication.

No seat deal yet, UP bypolls to test unity of INDIA bloc

No seat deal yet, UP bypolls to test unity of INDIA bloc

Rediff.com6 Oct 2024

Bypolls to 10 assembly seats in Uttar Pradesh will be a litmus test for the Indian National Developmental Inclusive Alliance (INDIA)'s unity after the group's success in the recent Lok Sabha polls when they won more than 40 seats, significantly contributing to the Bharatiya Janata Party's failure to win a simple majority in parliament.

1 more arrested in railway bribery case, total 9 in custody

1 more arrested in railway bribery case, total 9 in custody

Rediff.com5 May 2013

The Central Bureau of Investigation on Sunday arrested one more accused in the railway bribery scandal involving Railway Minister Pawan Kumar Bansal's nephew and a board member, taking the total number of those apprehended to nine.

After missing 1st shot at listing, firms re-file DRHPs with lower size

After missing 1st shot at listing, firms re-file DRHPs with lower size

Rediff.com9 Aug 2023

Companies, which missed out on listing earlier, are giving it another shot but with significantly-reduced issue sizes. In the recent past, companies such as TVS Supply Chain Solutions, Suraj Estate Developers, and ESAF Small Finance Bank have re-filed their draft red herring prospectuses (DRHPs) with the Securities and Exchange Board of India (Sebi). This came after they slashed their issue sizes by 20-60 per cent.

Ankur Garg tops Civil Services exam

Ankur Garg tops Civil Services exam

Rediff.com2 May 2003

He is a graduate from the IIT, Delhi.

Bikers attack two judges in Delhi

Bikers attack two judges in Delhi

Rediff.com17 May 2012

In a suspected case of road rage, two judges and the driver of the car they were travelling in were attacked by unidentified motorcyclists in south Delhi on Thursday evening.

Yummy food pics for foodies

Yummy food pics for foodies

Rediff.com18 May 2019

Presenting the best food pics shared by our readers this week. You can share yours too! Simply click on this link #RediffFoodies.

Automakers Gear Up For Festive Season

Automakers Gear Up For Festive Season

Rediff.com2 Sep 2024

...But sales of domestic passenger vehicles dropped 2% to 3% year-on-year in August owing to low demand.

Ranji Trophy: HP's Kalsi hits maiden double century; UP fight back

Ranji Trophy: HP's Kalsi hits maiden double century; UP fight back

Rediff.com12 Oct 2024

A round-up of the Ranji Trophy matches played on Saturday.

Railway bribery case: Alleged conduit gets bail

Railway bribery case: Alleged conduit gets bail

Rediff.com8 Jul 2013

A Delhi court on Monday granted bail to one of the alleged middlemen in the Rs 10-crore railway bribery case while reserving its order on the bail plea of Vijay Singla, nephew of former Railway Minister Pawan Bansal.

BJP drops Varun Gandhi in UP, but fields Maneka

BJP drops Varun Gandhi in UP, but fields Maneka

Rediff.com25 Mar 2024

The Bharatiya Janata Party on Sunday declared 13 candidates from Uttar Pradesh for the Lok Sabha polls including actor Arun Govil, who played Lord Ram in popular TV serial Ramayan, from Meerut, while replacing sitting MP Varun Gandhi from Pilibhit with state minister Jitin Prasada.

Can INDIA bloc replicate LS victory in UP assembly bypolls?

Can INDIA bloc replicate LS victory in UP assembly bypolls?

Rediff.com23 Jun 2024

The Samajwadi Party and Congress have announced that they will contest together under the INDIA bloc.

Black Is The New White For Car Buyers

Black Is The New White For Car Buyers

Rediff.com16 Jan 2024

'The decrease in the popularity of white cars and the rise in preference for darker colours like black, grey, and blue over the past three years reflect changing consumer attitudes.'

Ranji Trophy: TN, Karnataka, Vidarbha enter quarters

Ranji Trophy: TN, Karnataka, Vidarbha enter quarters

Rediff.com19 Feb 2024

A round-up of the Ranji Trophy matches played on Monday.

Now, Watch Nushrratt, Kareena, Ranveer At Home

Now, Watch Nushrratt, Kareena, Ranveer At Home

Rediff.com20 Mar 2024

Amazon Prime Video has announced 69 assorted Web series and movies, and the slate sure looks interesting.