The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
This is the biggest IPO in the Indian market since Bharti Infratel's over Rs 4,000 crore public offer in December 2012.
IndiGo has a fleet of 98 aircraft and about 75 of them are on operating lease.
Analysts cautious on outlook, expect earnings to remain under pressure over medium term.
Singapore retained its title as the world's most expensive city for the fourth consecutive year, while Hong Kong remained second, closely followed by Zurich at the 3rd place.
Aptech, Lumax Industries, Vedanta, Indian Bank, Venky's India have appreciated over 200% in a year
The cost of luring buyers and sellers to its platform means the new funds won't last long.
Delhi-based Nilesh Sharma, among the first IPs, said while the framework is in the initial stage and might have teething trouble, the opportunity is immense in the long run.
Few top honchos of India Inc did very well in 2014.
UBI's exposure to Kingfisher Airlines was around Rs 350 crore (Rs 3.50 billion) as part of consortium led by State Bank of India.
Those scheduled to attend the five-day WEF Annual meeting, beginning January 21, include more than 40 heads of state or government, including those from the UK, Australia, Japan, Iran, Israel, Pakistan, Brazil, Italy, Mauritius, Republic of Korea and Switzerland, WEF announced on Wednesday at a press conference in Geneva.
'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'
The Chinese currency too is expected to continue its fall.
Top no-frills carrier IndiGo on Tuesday approached capital markets regulator Sebi with Initial Public Offer.
UBS reduced its Nifty target to 8,600 by December from 9,200.
The final list of bidders would be finalised only after the interested firms pay the earnest money deposit on June 30.
Morgan Stanley says favourable factors will push Sensex to 32,500 level by December.
Beleaguered businessman Vijay Mallya on Thursday told the Supreme Court that banks have no right over the information of his overseas movable and immovable assets as he was an NRI since 1988.
Embattled Indian business tycoon Vijay Mallya on Friday made a rare public appearance in the United Kingdom as he attended the free practice sessions ahead of Sunday's British Grand Prix, in Silverstone.
The company will finalise the final pricing for allotment of shares later.
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
Market players said the sell-off was triggered by pessimism that the government may not be able to balance growth with macro-stability.
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
Steps to improve governance, instill confidence in the government machinery and streamlining function across the different ministries are also important to feed the positive mood, the DBS report added.
Citi, HSBC and UBS etc have already cut their market targets.
Liquor baron takes on to Twitter again to lash out at the media for trying to hunt him; asks them not to waste their efforts
Tag for defaults on nearly Rs 7,000 cr loans to long-grounded Kingfisher Airlines
Speaking to reporters Mallya said, "It will all become clear in court".
UK-based Diageo paid Rs 3,030 for a share of United Spirits Ltd, more than double of Rs 1,440 it offered in the previous bid last year.
The S&P BSE Sensex dropped 207 points to end at 25,230.
The policymaker said the RBI had not reached the point where specific actions were under consideration.
The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
Oil subsidies to fall 44% in FY15.
The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'.
Falling revenues, increased capex, and first full year of spectrum debt may make things worse
Reliance joins a number of large companies, including the Essar and Adani groups, which are raising loans abroad as interest rates in India remain high.
A summary of sports events and sports persons, who made news on Saturday
The Union finance ministry is planning to make rules regarding wilful defaulters more stringent, so that criminal charges can be pressed against such entities.
In an SEC filing dating back to 1997, he figures as "J Vallabh".
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