May 02, 2016 at 08:47 | Source: Reuters
Indian banks have either taken over or are in the process of seizing majority control in 18 firms with a combined debt of about USD 15 billion, under a central bank plan that allows them to swap the companies' debt for equity and freeze non-performing loans, brokerage Religare Capital Markets estimates.
Apr 30, 2016 at 12:13 | Source: Reuters
The shortlist comprises mainly large companies and big private equity firms including TPG Capital LP, and excludes many small companies that proposed some kind of combination, such as privately held Yellow Pages owner YP LLC, the people said this week.
Apr 29, 2016 at 10:44 | Source: CNBC-TV18
Over next 12-18 months, infrastructure will continue to grow while the corporate capex cycle will remain under pressure, says Sandeep Bhatia, Head of Equity, India at Macquarie Securities.
Apr 27, 2016 at 22:57 | Source: Moneycontrol.com
Karnataka Bank board meeting will be held on May 20, 2016, to consider the audited financial results for the year ended March 31, 2016 and also to recommend dividend, if any, on the equity shares for the said period.
Apr 27, 2016 at 13:32 | Source: PTI
"The Board of Directors...have approved raising of funds by way of issuance of equity capital up to USD 1 billion (Rs 6,650 crore) in one or more tranches on such terms and conditions as it may deem fit subject to approval of the shareholders," Yes Bank said in a BSE filing.
Apr 26, 2016 at 21:50 | Source: Moneycontrol.com
AXIS Bank at its meeting held on April 25, 2016 and which continued on April 26, 2016 which concluded upto 5.15 p.m, has recommended payment of dividend @ Rs. 6 per equity share of Rs. 2 each i.e. 250% on equity shares of the Bank for the approval of the Shareholders at the ensuing Annual General Meeting of the Bank to be held on July 22, 2016.
Apr 24, 2016 at 14:52 | Source: PTI
There were 89 private equity transactions worth USD 644 million in March this year, following which the PE investment deal tally for the January-March quarter stood at USD 2.96 billion, says a Grant Thornton report.
Apr 22, 2016 at 13:22 | Source: Moneycontrol.com
HDFC Bank Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 22, 2016, have, recommended a dividend of Rs. 9.50/- per equity share of Rs. 2/- each (i.e. 475 percent) out of the net profits for the year ended March 31, 2016.
Apr 21, 2016 at 14:39 | Source: Moneycontrol.com
Indusind Bank Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 21, 2016, has recommended dividend at Rs.4.50 per Equity Share of Paid-up value of Rs. 10/-.
Apr 21, 2016 at 10:09 | Source: Moneycontrol.com
Subscribed over 17 times, the company's IPO raised about Rs 2,200 crore. The offer comprised fresh issue of shares aggregating Rs 720 crore and an offer for sale of up to 1,32,425,884 shares by existing shareholders, including P N Vasudevan, MD, and private equity stakeholders.