Mar 27, 2021 04:12 PM IST
By issuing equity shares to 44 qualified institutional investors at a floor price of Rs 40.63 apiece, IDBI Bank raised Rs 1,435 crore in December out of the targeted Rs 2,000 crore.
- Sep 12, 2017 06:46 PM IST
Given the size of funds that is needed going forward, the government will have to look at various sources to raise money as retiree money might not be enough to meet the demand for funds.
- Jan 21, 2017 12:28 PM IST
A consortium led by Chinese firms has signed a strategic agreement to acquire 40 per cent equity of Pakistan Stock Exchange for USD 85 million, in a move aimed at mobilising funds for the USD 46-billion CPEC project and facilitating China's entry into the Pakistani capital market.
- Nov 07, 2016 09:16 AM IST
In a report in the Economic Times, the bank is in the preliminary stage, but is hoping to raise funds in the third quarter of the ongoing fiscal.
- Jun 02, 2015 09:03 AM IST
Prime Minister Narendra Modi has pledged to improve India's creaking infrastructure and is aiming to provide housing for all by 2022.
- Oct 07, 2014 11:02 AM IST
EPFO till date has been conservative in its investment approach. Currently, out of the Rs 5,40,000 crore around 58 percent is in government securities and state government securities.
- Oct 31, 2012 08:56 PM IST
State-run Airports Authority of India (AAI) today said it will soon approach the Finance Ministry afresh with the proposal to raise funds through a Rs 3,000-crore infrastructure bonds to finance modernisation of non-metro airports.
- Oct 09, 2012 12:57 PM IST
SK Goel, CMD of IIFCL said the company is starting the credit enhancement facility whereby it is starting the first project which will guarantee bonds in market. However, he feels the product being a new one will take some time to settle in the market.
- Mar 29, 2012 04:16 PM IST
Many of us are so worried about the tax saving angle that we forget to look beyond it. There are many factors related to investments like its returns, risk, tenure, and periodicity which needs to be considered while planning investments. Financial advisor Raag Vamdatt discusses each of these factors for the better understanding of the investors
- Mar 25, 2012 11:07 AM IST
If you were celebrating about some small tax saving gains due to the Union Budget, then you actually need to stop and see whether you will actually end up with some benefits at the end of the day, reckons financial advisor Arnav Pandya.
- Mar 17, 2012 12:21 PM IST
If you were celebrating about some small tax saving gains due to the Union Budget, then you actually need to stop and see whether you will actually end up with some benefits at the end of the day.
- Mar 16, 2012 09:45 AM IST
There is likelihood that government may raise the depreciation rate for the corporate to boost the investment demand.
- Mar 15, 2012 06:53 PM IST
The Finance Ministry has been dealt another blow after modest advance tax filings by top corporates.
- Feb 22, 2012 12:02 PM IST
March and July are the months to save taxes. So people who are earning usually get very active in these months for the same purpose. There are many viable options to save taxes; one such is investing in 'Tax Saving Infrastructure Bonds'. Read this space to know all about this financial instrument which has gained lot of popularity in recent times.
- Feb 03, 2012 03:20 PM IST
A little bit of work on the tax front can save a lot of trouble in the last few days and weeks of the financial year.
- Jan 17, 2012 04:40 PM IST
In Part I of this article, we looked at the different types of risk. We understood systematic vs unsystematic risk and saw examples of specific risks in terms of our economy’s situation today.
- Jan 17, 2012 04:30 PM IST
Considering the post 2008 market scenario, if there's one thing almost every investor knows, it’s that there's no such thing as a free lunch. If you want gains from the markets, you’re going to have to stomach volatility.
- Dec 19, 2011 03:07 PM IST
The first tranche of infra bond issue offered by IDFC has received a tepid response, with the company so far collecting only around Rs 500 crore or 10% of its ambitious target of Rs 5,000 crore for FY12. This means, the company will have to tap retail money more aggressively to achieve its target in the next tranches, market sources told.
- Dec 13, 2011 05:26 PM IST
CNBC-TV18 learns that the finance ministry is looking to reduce the lock-in period for infrastructure bonds to one year from the current five years. Aakanksha Sethi has the exclusive report.
- Dec 09, 2011 01:00 PM IST
Do you find yourself in a situation where there are just a bunch of days ahead for the deadline of submission of tax documents? Here is a quick guide to help you sort out your finances last minute!
- Nov 21, 2011 07:00 PM IST
Infrastructure Development Finance Company (IDFC) is planning to increase the forex loan share in its overall borrowing to facilitate greater participation from overseas investors.
- Sep 19, 2011 02:00 PM IST
The Airports Authority of India (AAI), which runs 125 airports across the country, would approach the government to allow it to raise Rs 5,000 crore through infrastructure bonds, its top official said today.
- Apr 01, 2011 08:19 AM IST
The Securities and Exchange Board of India (SEBI) relaxed the rules governing foreign investors buying infrastructure bonds, aiming to boost the flow of funds into the sector.
- Mar 25, 2011 10:51 AM IST
Infrastructure Development Finance Co or IDFC Friday said it has collected Rs 228.05 crore through the third tranche of the public issue of long term infrastructure bonds.
- Mar 14, 2011 07:23 PM IST
A public sector undertaking - Power Finance Corporation (PFC) - plans to raise Rs 5,300 crore from infrastructure bonds that opened on February 24, a senior PFC official said on Monday.