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Hexagon Nutrition gets Sebi’s nod to garner Rs 600-cr via IPO

New Delhi, Mar 7 (PTI) Hexagon Nutrition has received capital markets regulator Sebi's approval to raise up to Rs 600 crore through an initial public offering (IPO).The company's public issue consists of a fresh issue of equity shares aggregating to Rs 100 crore, and an offer for sale (OFS) of up to 30,113,918 equity shares, [...]

Suraj Estate Developers files IPO papers with Sebi to raise Rs 500 cr

New Delhi, Mar 7 (PTI) Suraj Estate Developers Ltd has filed preliminary papers with capital markets regulator Sebi to mop-up Rs 500 crore through an initial public offering (IPO). The funds will be raised through fresh issuance of equity shares, the draft red herring prospectus (DRHP) filed with Sebi showed on Monday. Funds to the [...]

NSE begins hunt for MD, CEO; invites applications

New Delhi, Mar 4 (PTI) Leading stock exchange NSE, which is facing allegations of governance lapses, has started the hunt for a new managing director and chief executive officer as the five-year tenure of incumbent chief Vikram Limaye is ending in July.The exchange has invited applications from candidates having IPO (initial public offering) experience for [...]

LIC appoints Sunil Agrawal as CFO

New Delhi, Mar 3 (PTI) IPO-bound Life Insurance Corporation (LIC) has appointed Sunil Agrawal as its chief financial officer (CFO). Agrawal took charge on Wednesday, sources said. This is the first time that LIC has appointed an outsider as CFO. Prior to this, LIC Executive Director Shubhangi Sanjay Soman was holding charge as CFO of [...]

FinMin to monitor revenue, expenditure on daily basis from Mar 15 to keep fiscal deficit in check

New Delhi, Mar 3 (PTI) Keen to keep government deficit within stated targets, the finance ministry will from March 15 start daily monitoring of the revenue receipts, including tax collections, as well as expenditure. The move comes against the backdrop of a possible deferment of the initial public offering (IPO) of LIC, which was expected [...]

OYO appoints Prakash Padariya as Chief Information Security Officer

New Delhi, Mar 3 (PTI) IPO-bound OYO on Thursday said it has appointed Prakash Padariya as the Chief Information Security Officer for IT and security teams.  "In his role at OYO, Prakash will helm a security strategy for OYO's systems globally, including regions such as India, SEA (Southeast Asia), Europe, the USA and the UK," the [...]

UCO Bank ties up with Fisdom for launching paperless facilities

Kolkata, Mar 2 (PTI) City-based UCO Bank on Wednesday said it has tied up with fintech firm Fisdom for launching paperless facilities of Demat account, pension fund, e-tax filing and stockbroking services through mobile banking channel. UCO Bank customers will now be able to track stocks, evaluate their performance, learn about IPOs and secondary capital [...]
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