Get Handpicked Stories from our editors directly to your mailbox
हिंदी में पढ़ें
Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
Fund raising News
CollegeDekho raises $8mn in Series-B funding
Wed, May 08, 2019
With more than half a million registered students, the startup will soon launch CollegeDekho cafes in seven new cities in India: Delhi, Gurugram, Noida, Pune and Mumbai
SBI Board to meet this week to consider fundraising
Tue, Feb 06, 2018
The bank said its Board will also consider implementation of reforms agenda for responsive and responsible public sectors banks (PSBs) of the government.
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.
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.
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.
SBI board approves raising equity capital of Rs 15,000 crore in FY18
Wed, Mar 15, 2017
The board further approved the buy back of shares from credit card joint venture companies.
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.
IPO rush on SME platform; 36 cos line-up plans
Fri, Mar 03, 2017
The companies which have lined up their IPOs include Trine Entertainment, Monarch Apparels (India) Ltd, Shareway Securities, Octaware Technologies, Perry Impex and Western Agro-Tech Innovative.
Bengaluru-based hiring start-up firm Belong.co raises $10 million; Sequoia Capital leads funding round
Tue, Feb 28, 2017
Recruitment start-up firm Belong.co has raised $10 million (nearly Rs 66.53 crore) in recent funding round led by venture capital firm Sequoia Capital India.
Fund raising via QIP down 67% to Rs 4,300-crore in Apr-Nov FY'17
Fri, Feb 10, 2017
In comparison, companies had mopped-up Rs 13,067 crore in April-November period of last fiscal (2015-16).
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.”
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.”
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."
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.
Pocket Aces raises $3 million from private equity funds
Thu, Dec 15, 2016
Digital content creator Pocket Aces has raised $3 million from a group of global investors led by Sequoia Capital India, including North Base Media, T.V. Mohandas Pai led Aarin Capital, 3one4 Capital, Axilor Ventures, and FreeCharge founders, Kunal Shah and Sandeep Tandon, among others.
ICICI Bank's international bond of Rs 590 crore sold under Tokyo Pro-Bond Programme
Fri, Dec 09, 2016
ICICI Bank plans fund raising in single/multiple tranches in any currency through public/private placement by way of issuance of debt instruments for remaining period of FY17.
PNB plans to raise Rs 6,000 cr via bonds
Sat, Oct 29, 2016
State-owned Punjab National Bank today said it plans to raise Rs 6,000 crore in tranches from bonds to fund business expansion.
NTPC raises Rs 800 crore via debentures for capital expenditure
Tue, Aug 23, 2016
The proceeds will be utilised to finance capital expenditure/refinancing the debt requirement in on-going projects including recoupment of expenditure already incurred.
Reliance Industries looks to raise Rs 10,000 crore via NCDs
Thu, Aug 04, 2016
Mukesh Ambani-led Reliance Industries wants to raise Rs 10,000 crore and has asked its shareholders to approve the fund raising plan.