Bank of India postpones Rs 3,000 cr QIP plan
It is to be noted that the bank has been placed under the Prompt Corrective Action (PCA) framework by the Reserve Bank of India (RBI) following inspection of books in March 2017.
Jan 15, 2018, 13:09 PM IST
Coal India arm NLC approves Rs 1,244-crore share buyback plan
World's largest coal producer Coal India on Saturday said the board of its arm Northern Coalfield has approved a share buyback plan worth Rs 1,244 crore.
Feb 25, 2017, 19:52 PM IST
Govt to infuse Rs 1,894 crore capital in State Bank of India
The government, which is infusing Rs 1,894 crore capital into State Bank of India, has asked the country's largest lender to take necessary regulatory approvals for the fund infusion.
Jan 19, 2017, 21:59 PM IST
SBI to allot shares to govt for capital infusion of Rs 5,681 crore
Country's largest lender SBI on Saturday said it will issue equity shares on preferential basis to the government for capital infusion of Rs 5,681 crore.
Oct 29, 2016, 19:52 PM IST
CBDT comes out with final rules for taxing share buy back by companies
Seeking to minimise litigations over taxation, CBDT has come out with rules for computing distributed income arising out of issue of shares following buy back, demerger, amalgamation or bonus issue by companies.
Oct 19, 2016, 16:03 PM IST
UBI receives Rs 608 cr capital infusion from govt
State-owned United Bank of India (UBI) said it has received Rs 608 crore capital infusion from the government.
Sep 23, 2016, 11:49 AM IST
BoB to convert Andrew Yule debt to equity; divestment on cards
The Government on Wednesday cleared conversion of Bank of Baroda's Rs 29.91 crore loan to Andrew Yule & Co into equity shares, paving the way for disinvestment of the Kolkata-based PSU in the next three months.
Apr 06, 2016, 17:27 PM IST
Excel Industries shares surge 16% as board of directors approve buyback
Shares of Excel Industries surged 16 percent on Tuesday after the company said its Board of Directors has approved buyback of equity shares at a price not exceeding Rs 275 apiece for a maximum amount of Rs 18 crore.
Mar 29, 2016, 14:03 PM IST
Firms mop-up over Rs 14K crore from QIP in April-Jan
Indian companies have raised over Rs 14,000 crore through Qualified Institutional Placement (QIP) route in the first ten months of the ongoing fiscal.
Mar 17, 2016, 12:23 PM IST
Indiabulls Real Estate raises Rs 538 cr from promoters
Indiabulls Real Estate Ltd has raised Rs 538 crore by alloting over 8 crore securities, including equity shares, to promoter group companies.
Jul 22, 2015, 23:16 PM IST
Venus Remedies shares surge nearly 14%
Shares of Venus Remedies surged nearly 14 percent today after the company announced the issue of equity shares to promoters on a preferential basis.
Jun 23, 2015, 12:55 PM IST
Crisil to buy back fully paid-up equity shares
Ratings firm Crisil Ltd Thursday said it is considering to buy back the fully paid-up equity shares of the company.
Apr 23, 2015, 21:43 PM IST
SBT's Rs.474.03 crore rights issue opens on Tuesday
A Rs.474.03 crores rights issue of State Bank of Travancore will open on March 17 and close on March 31, the bank said in a statement here on Sunday.
Mar 15, 2015, 19:26 PM IST
DLF promoters defer conversion of CCPS into shares by 1 year
DLF today said its promoters have deferred till March next year conversion of securities held in the realty major's subsidiary into equity shares while slashing the coupon rate from 9 per annum to 0.01 percent.
Mar 14, 2015, 18:00 PM IST
Cos raise over $4-bn from QIP in FY15; $3-bn more in pipeline
Indian companies have raised over USD 4 billion (Rs 27,000 crore) from Qualified Institutional Placement (QIP) of shares so far in the current fiscal, while plans are underway to garner further funds worth an estimated USD 3 billion through this route.
Mar 08, 2015, 12:03 PM IST
GMR Infra rights issue to open on March 24
GMR Infrastructure today said its Rs 1,400 crore rights issue will open on March 24.
Mar 05, 2015, 14:53 PM IST
SBI to fix issue price for Rs 2,970 cr infusion by March-end
State Bank of India will decide on issue price of equity shares on preferential basis to the government for Rs 2,970 crore capital infusion on March 24.
Feb 20, 2015, 20:57 PM IST
SBI to issue equity shares worth Rs 2,970 crore to govt
State Bank of India (SBI) Friday said its board has decided to issue equity shares worth Rs 2,970 crore to the government on preferential basis.
Feb 13, 2015, 21:46 PM IST
Ramco Systems to raise Rs 500 cr this year
Ramco Systems will raise up to Rs 500 crore through issue of equity shares this year, which the software products firm will utilise to repay debt and invest in marketing and brand building activities.
Feb 08, 2015, 12:02 PM IST
Companies mop-up Rs 8,200 crore via primary market in H1 FY15
In the primary market, funds were raised through equity (IPOs and rights issue) as well as debt segments.
Nov 14, 2014, 14:15 PM IST
