Fund raising
We are looking to raise Rs 15-20 crore via IPO listing on NSE: Hiren Shah, Vertoz
Thu, Sep 14, 2017
Vertoz will be the first programmatic ad agency in the country to go public. Most of the advertising agencies in the country are not listed. Read our interview with Hiren Shah, Founder and Chairman of Vertoz.
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InterGlobe Aviation's share sale to fetch up to Rs 3,945 crore
Thu, Sep 14, 2017
The company would offload up to 3.36 crore shares to eligible qualified institutional buyers on September 15 and the price band for the share sale has been fixed at Rs 1,1251,175 apiece, according to notices on the stock exchanges.
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Flipkart raises $1 billion, tries hard to sustain its over-valuation
Tue, Mar 21, 2017
Recently, Morgan Stanley Institutional Fund Trust – a mutual fund arm of Morgan Stanley revised value of its each share in Flipkart at $50.51 per share as of December 2016, down 3.10% from $52.13 per share of September 2016.
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State Bank of India signs $274 million agreement with Germany's KfW Development Bank to provide loan facility for affordable housing
Fri, Mar 10, 2017
State Bank of India (SBI) on Friday signed $274 million (nearly Rs 1,822.9 crore) agreement with Germany's KfW Development Bank to provide loan facility for affordable housing in India.
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Budget 2017: Meeting disinvestment target is key to achieving fiscal deficit goal
Wed, Feb 01, 2017
Jaitley said that the Government plans to raise Rs 72,500 crore through disinvestment. In his Budget speech, FM Arun Jaitely said, “The government plans to raise about Rs 72,500 crore through disinvestment of central public sector enterprises (CPSE) in 2017-18.”
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HDFC to raise Rs 35,000 crore via bonds
Mon, Jan 30, 2017
It said in a statement, “Board approved issuance of secured redeemable non-convertible debentures (NCDs) aggregating up to Rs 35,000 crore on a private placement basis under a Shelf Disclosure Document in terms of the Sebi (issue and listing of debt securities) regulations, 2008.”
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State Bank of India issues shares to Govt; raises Rs 5681 crore
Fri, Jan 20, 2017
SBI said, "The committee of director for capital raising considered accorded approval by circulation to allot Rs 21,07,27,400 equity shares, ranking pari-passu with the existing shares of SBI in all respects with a consideration of Rs 5681 crore."
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Bluechip PSUs eye EPFO funds
Tue, Jan 10, 2017
"As of now, about seven PSUs came forward to take investments from us (EPFO). We received a communication from the Ministry of Finance to increase our investments in PSUs. The return may be higher than what we are getting now," said Labour Minister.
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