by PTI News | Mar 24, 2022 | 1:02 pm | IPO, News
New Delhi, Mar 24 (PTI) Vikram Solar has filed draft papers with markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO consists of a fresh issue of up to Rs 1,500 crore and an Offer-for-Sale (OFS) of up to 5,000,000 equity shares by the [...]
by PTI News | Mar 21, 2022 | 8:47 pm | IPO, News
New Delhi, Mar 21 (PTI) The boards of Equitas Holdings and its subsidiary Equitas Small Finance Bank (ESFBL) have approved their merger plan, according to regulatory filings. The boards of directors of the two companies at their respective meetings approved the scheme of amalgamation between Equitas Holdings Ltd (transferor company) and Equitas Small Finance Bank [...]
by PTI News | Mar 21, 2022 | 7:29 pm | IPO, News
New Delhi, Mar 21 (PTI) Finance Minister Nirmala Sitharaman on Monday defended a proposal to cut interest rate paid on employees' provident fund deposits to over four-decade low of 8.1 per cent, saying the rate is dictated by today's realities where interest rate on other small saving instruments was even lower. Replying to a debate [...]
by PTI News | Mar 17, 2022 | 7:59 pm | IPO, News
New Delhi, Mar 17 (PTI) Corrtech International, a pipeline laying solutions provider, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The public issue comprises fresh issuance of equity shares worth Rs 350 crore and an offer for sale of 40 lakh shares by promoters, draft [...]
by PTI News | Mar 16, 2022 | 1:30 pm | IPO, News
Delhi, 16th March 2022: Pioneers and leading manufacturers of EV batteries in the country, Ipower Batteries Pvt Ltd’s Co-Director Ms. Chhavi Aggarwal bagged the ‘Inspirational Leader of the year’ award under the Women in Automotive Leadership Award 2022 organised by EMobility+. The company has been working around manufacturing innovative battery products as solution for EV. [...]
by PTI News | Mar 14, 2022 | 10:30 pm | Economy, IPO, News
New Delhi, Mar 14 (PTI) The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified a government decision to allow up to 20 per cent foreign direct investment (FDI) in IPO-bound LIC with an aim to facilitate disinvestment of the country's largest insurer. The Union Cabinet had last month approved the decision [...]
by PTI News | Mar 14, 2022 | 9:14 pm | IPO, News
New Delhi, Mar 14 (PTI) The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified a government decision to allow 20 per cent foreign direct investment (FDI) in IPO-bound LIC. The Union Cabinet had last month approved the decision to facilitate disinvestment of the country's largest insurer. PTI RR ABM ABM
by PTI News | Mar 14, 2022 | 5:44 pm | IPO, News
Recognized for the scale of deals closed in the past 12 months, reflecting its ‘One Axis’ philosophy Mumbai, Maharashtra, India (NewsVoir) Axis Bank, India’s third-largest private sector bank has been awarded IFR Asia’s Asian Bank of The Year, for its breadth of coverage and depth of expertise in the Asian investment banking space. The award [...]
by PTI News | Mar 14, 2022 | 2:35 pm | Corporate Action, IPO, News
New Delhi, Mar 14 (PTI) The government plans to invite expression of interest to sell its stake in LIC-controlled IDBI Bank by the next month-end, a senior official has said.As part of the divestment, the government plans to sell its entire 45.48 per cent stake eventually.The government may look to sell around a 26 per [...]
by PTI News | Mar 12, 2022 | 2:49 pm | IPO, News
New Delhi, Mar 12 (PTI) Sachin Bansal-led Navi Technologies has filed preliminary papers with Sebi to raise Rs 3,350 crore through an initial public offering (IPO). The proposed IPO is completely through a fresh issue of equity shares and there will be no offer-for-sale (OFS), according to the draft red herring prospectus [...]
