The incremental capital will be brought in through either preferential shares or rights issue and the total quantum of fund raising will be in-line with requirement of equity to be infused for the projects, said Jayant Mhaiskar, VC & MD, MEP Infra.
The government, at present, holds about 80 percent stake in Coal India. As per Sebi guidelines, there should be a minimum 25 percent public shareholding in all listed companies.
The Bombay High Court set aside an order by the Authority for Advanced Ruling (AAR) that raised questions whether Sebi guidelines were floudted by Tech Mahindra in order to go public.
Angel Broking is bullish on TTK Healthcare and recommended a buy rating on the stock with a target of Rs 686 in its April 30, 2013 research report.
Magnum research has come out with its report on "Sai Silk (Kalamandir) IPO". The research firm, recommends to subscribe to this issue for special case of safety net scheme opted by the company as per SEBI guidelines.
Even as Etihad Airways is likely to decide whether to invest in Jet Airways or Kingfisher Airlines by the month-end, industry watchers and brokerages are confident about the Gulf carrier cracking a deal with the former.
The decks maybe cleared for the government to auction its stakes in PSUs. Sebi's guidelines for the institutional placement programme is expected to be announced today, reports CNBC-TV18's Akanksha Sethi
Shares were awash in red on Friday, as a vicious cycle of falling prices and panic selling reinforced each other.
Mohit Talwar, director - corporate development, Max India, talks to CNBC-TV18 about fostering the Goldman-Max India partnership.
Investment Analyst & Author of Hidden Gems, Ashish Chugh, in an interview on CNBC-TV18, spoke about two of his multibagger ideas.