The cash offer for 2.621 million shares would open on November 23 and close on December 13, 2004, ICICI Securities Ltd, manager to offer, said in a public announcement on Tuesday.
Half a dozen companies looking to tap the market as the Indian rupee stabilises and oil prices cool down.
Petronet LNG Ltd will float an initial public offering of 261 million shares, representing 34.8 per cent of the total equity of the company, around mid-February, P Dasgupta, director (finance), PLL, said in New Delhi on Friday.
With telecom disruptor Reliance Jio not raising tariffs, incumbents Bharti Airtel and Vodafone Idea are focusing on the minimum monthly recharge and higher first recharge offers to ensure they retain only loyal and revenue-incremental subscribers, reports Romita Majumdar.
The US drug regulator raised the issue of significant deviations from the current good manufacturing practice (cGMP) in three of DRRD's plants in a letter issued in November 2015
CDC Financial Services and CDC-PTL Holding Ltd have made an open offer to acquire upto 20 per cent equity stake in Punjab Tractors Ltd at Rs 153 per share.
Total market capitalisation of BSE listed firms stood at Rs 101.49 lakh crore on March 31.
Petronet LNG Ltd, which will become India's first LNG importer when Qatari RasGas' cargo lands at its Dahej import terminal in January next, has planned an initial public offering of equity shares in the same month.
Air India buyer has to take over interest-bearing debt of Rs 16,500 crore a large portion of which is aircraft related, meaning they are backed by aircraft value
With the latest approvals, there are now 16 registered investment advisers in the country, according to the list published by Securities and Exchange Board of India.
In a departure from the past, when IHCL adopted the organic route for entering markets like London and New York, this time around the expansion will be acquisition-led.
Rosier year-end seen for Indian pharma thanks to faster US approvals.
Although the pricing for the IPO is yet to be finalised, people in the know said the band could be Rs 275-300
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The bank, which has suffered reverses following a massive spike in dud assets and also the dismissal of its chief executive Chanda Kochhar over governance issues, however, hinted that the worse is behind.
'The levy proposed to be charged on air tickets for regional connectivity fund would marginally increase cost.'
IndiGo's share sale will raise the company's retained earnings to Rs 2,680 crore.
Indian companies have made acquisitions of $1 billion so far in January
India's economy is in much better shape to weather tighter U.S. monetary policy.
NBFCs are mainly dependent on funding their operation from their own cash flows.
The government is selling over 41.22 crore shares or 5 per cent stake in NTPC.
The government on Monday forecast annual economic growth to accelerate to 7.4 per cent in the fiscal year ending in March 2015
As many as 10 merchant bankers, including ICICI Securities and SBI Cap, had evinced interest in managing the stake sale.
Prices are likely to rise further as demand grows in coming months due to festivals
Slowing inflation prompted the RBI to cut the policy repurchase rate last month by 25 basis points to 6.50 percent, the lowest since 2011.
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.
Mid-caps in cyclical sectors such as cement, financials and capital goods estimated to earn much more
IRCTC used to charge Rs 40 per ticket for bookings in AC classes, Rs 20 per ticket in sleeper class
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
The first phase will end in 2018 and have the world's largest terminal under one roofThe first phase will end in 2018 and have the world's largest terminal under one roof
Spread between earnings yield and bold yield lowest since 2013; dividend yield and bond yield lowest since 2008.
EPFO manages a huge corpus of over Rs 6 lakh crore (Rs 6 trillion).
India's economic growth accelerates to 7.4% in Sept quarter
