SAIL says no to fresh equity via FPO: Divestment Secy   

19 Oct 2011, 5.19 pm  |  Source: Business Line

As the government grapples with a huge revenue gap, there seems to be some action on the disinvestment front. On one hand where CNBC-TV18 sources info...

Profitability, not vital for life insurers to float IPO  

18 Oct 2011, 9.40 am  |  Source: Business Line

Profitability of the life insurance companies will not be the clinching criteria for allowing them to raise money through initial public offerings (IP...

50 companies keen on BSE SME listing  

10 Sep 2011, 12.18 pm  |  Source: Business Line

About 50 small and medium enterprises have evinced interest in getting listed on yet to be launched BSE Small and Medium Enterprises exchange, a top B...

TCIL rejects move to dilute stake in Hexacom via IPO  

09 Sep 2011, 9.07 am  |  Source: Business Line

Telecommunication Consultants India (TCIL) has rejected a proposal to dilute its share holding in Bharti Hexacom through an Initial Public Offering. T...

IPO scam: SEBI asks NSDL to take remedial steps  

05 Sep 2011, 9.04 am  |  Source: Business Line

SEBI has asked NSDL to conduct an independent audit of its functions and take corrective steps, as the capital market regulator has decided to impleme...

Govt plans to divest 10% in RINL through public issue  

03 Sep 2011, 11.24 am  |  Source: Business Line

The Government proposes to disinvest 10% stake in Rashtriya Ispat Nigam Ltd (RINL) through an initial public offering (IPO)....

Vaswani case postponed to Aug 26  

24 Aug 2011, 8.10 am  |  Source: Business Line

The Securities Appellate Tribunal (SAT) has asked SEBI and Vaswani Industries to come back on August 26 with the necessary format of the agreed terms....

Neyveli Lignite FPO likely within one year  

15 Aug 2011, 12.42 pm  |  Source: Business Line

Neyveli Lignite Corporation's follow-on public offer is likely within one year, the public sector company's Chairman and Managing Director, A R Ansari...

SAT adjourns Vaswani Inds IPO case to Aug 17  

11 Aug 2011, 6.25 pm  |  Source: Business Line

The Securities Appellate Tribunal (SAT) has adjourned the hearing in the Vaswani Industries IPO case to Wednesday, August 17. ...

Vaswani, SEBI told to come out with workable plan  

09 Aug 2011, 9.45 am  |  Source: Business Line

The Securities Appellate Tribunal (SAT) on Monday asked the counsels of SEBI and Vaswani Industries to come out with a workable plan within two days s...

Max New York Life in no hurry to make public offer  

02 Aug 2011, 8.59 am  |  Source: Business Line

Max New York Life Insurance Company is in no ‘rush' to go for an initial public offer (IPO), according to its Chief Executive Officer and Managing Dir...

Vaswani Industries moves Tribunal against SEBI order  

22 Jul 2011, 9.59 am  |  Source: Business Line

Vaswani Industries has appealed to the Securities Appellate Tribunal (SAT) that the SEBI order (dated July 11, 2011) directing the company to give wit...

SBI likely to raise funds through rights, FPO  

15 Jul 2011, 10.46 am  |  Source: Business Line

The State Bank of India Chairman, Mr Pratip Chaudhuri, has said on Thursday that the bank might look at a combination of instruments such as follow on...

Promoters of 125 companies face risk of losing control  

12 Jul 2011, 9.57 am  |  Source: Business Line

Promoters of as many as 125 big and small companies have pledged over 75% of their holdings, according to the latest data available with the exchanges...

SEBI tells Vaswani Ind to give investors exit option  

12 Jul 2011, 9.49 am  |  Source: Business Line

The Securities and Exchange Board of India (SEBI) has directed Vaswani Industries to give a withdrawal option to investors in the non institutional in...

Birla Pacific Medspa witnesses 66 bulk deals  

08 Jul 2011, 7.27 am  |  Source: Business Line

Birla Pacific Medspa, a Yash Birla Group Company, had witnessed huge buying interest on Thursday - a listing day....

Bhoruka Power plans IPO next fiscal  

05 Jul 2011, 9.49 am  |  Source: Business Line

Mid-sized Bhoruka Power Corporation (BPCL), a green energy company, is planning an IPO next fiscal. ...

Shriram Transport NCD oversubscribed by 5 times  

30 Jun 2011, 10.45 am  |  Source: Business Line

Shriram Transport Finance non-convertible debentures issue of Rs 500 crore (with a green-shoe option of Rs 500 crore) has been subscribed by over five...

IPO after clarity on spectrum, tax issues: Vodafone  

30 Jun 2011, 10.41 am  |  Source: Business Line

When Vodafone Plc entered the Indian market five years ago it termed it as the jewel in its crown. But with issues such as spectrum pricing and withho...

Flexituff plans Rs 100 cr IPO  

30 Jun 2011, 10.35 am  |  Source: Business Line

Flexituff International plans to raise around Rs 100 crore through an initial public offering (IPO) in July. ...

Three independent directors appointed on ONGC board  

22 Jun 2011, 8.46 am  |  Source: Business Line

The government has appointed three independent directors, including former RBI Deputy Governor Ms Usha Thorat, on the board of Oil and Natural Gas Cor...

IRDA issues draft guidelines for life insurers' IPO  

22 Jun 2011, 8.38 am  |  Source: Business Line

Insurance companies which have completed 10 years of operations are now eligible to go for initial public offer (IPO)....

Difficult to achieve divestment target in FY12: Analysts  

21 Jun 2011, 10.23 am  |  Source: Business Line

The Centre will find it very difficult to achieve its disinvestment target of Rs 40,000 crore in FY12 in the absence of big ticket offerings such as C...

MCX to raise Rs 750 cr through public issue  

21 Jun 2011, 10.20 am  |  Source: Business Line

Multi Commodity Exchange of India is all set to raise Rs 700-750 crore from the capital market with its proposed initial public offering. Six institut...

Nirlon seeks shareholders' nod for pref issue of Rs 75cr  

18 Jun 2011, 12.34 pm  |  Source: Business Line

Textile company, Nirlon, has called for an extraordinary general meeting of shareholders on July 7 to approve preferential allotment of 1.35 crore sha...

Diesel-electric buses' trial start by year-end: Tata Motors  

18 Jun 2011, 12.05 pm  |  Source: Business Line

Tata Motors is preparing diesel-electric hybrid buses for user trials by the State Transport Undertakings (STCs) by end of this year and could launch ...

Credit growth in banks likely to fall: Nair  

18 Jun 2011, 11.58 am  |  Source: Business Line

The credit growth in banks is likely to come down due to the repo and reverse repo rate hikes by the Reserve Bank of India (RBI), according to Mr M. V...

10 merchant bankers in race for NBCC IPO  

17 Jun 2011, 12.15 pm  |  Source: Business Line

As many as 10 merchant bankers are in the fray to bag the mandate for the proposed initial public offering of NBCC Ltd. ...

Sistema defers India listing; awaits 2G probe outcome  

06 Jun 2011, 4.22 pm  |  Source: Business Line

Amid uncertainty over the ongoing investigation into the 2G scam, Sistema Shyam TeleServices Ltd (SSTL), which offers services under the MTS brand, ha...

IPO guidelines for life insurers by June-end: IRDA chief  

04 Jun 2011, 10.05 am  |  Source: Business Line

Insurance sector regulator IRDA said on Friday that final guidelines to allow life insurance companies to raise resources from the capital market will...