Issue

BMRCL officials say RBL NCMC cards will be replaced with closed-loop smart cards free of cost.

upGrad raises Rs 300 crore in internal funding round from Temasek, Ronnie Screwvala, other existing shareholders

The company said that existing shareholder Temasek contributed Rs 81 crore, while upGrad co-founder and chairperson Ronnie Screwvala contributed Rs 212 crore, with other minority stakeholders completing the balance.

More than 140 companies issue bonus shares in 2022, highest since 2006

According to analysts, the surge in bonus issues this year was due to a change in the tax rules aimed at stopping the practice of bonus stripping, which kicks in on April 1.

Harsha Engineers sets price band at Rs 314-330 a share for September 14 public issue

The IPO will open for subscription on September 14. The current grey market premium for the IPO stood at between Rs 140-150 a share

Corporate bond outstanding soars four-fold to Rs 40 lakh crore in a decade

During the same period, the secondary market volume spiked from Rs 4.4 lakh crore to Rs 14 lakh crore.

Dreamfolks Services sets IPO price band at Rs 308-326 a share

Dreamfolks Services' has set a price band of its initial public offering at Rs 308-326 a share.

Rakesh Jhunjhunwala-backed Concord Biotech files draft papers to float IPO

The active pharmaceutical ingredients (API) maker is also backed by ace investor Rakesh Jhunjhunwalal who died on Sunday. Jhunjhunwala holds over 24% stake in the firm through its investment arm Rare Enterprises

LIC IPO: Bids to be accepted tomorrow as well, ASBA-designated banks to stay open

Earlier, exchanges informed that the issue will be open for Saturday as well.

Foreign investors withdrew most in Ruchi Soya FPO

Some 14,583 applications amounting to 9.74 million shares were withdrawn as of March 30, the data showed. Qualified institutional bidders withdrew 7.86 million bids while high net worth investors 1.31 million. Retail investors withdraw 5.70 lakh shares

Reliance Industries To Raise $4 Billion Through India’s First-Ever Jumbo Dollar Notes Issuance

Reliance Industries (RIL) has raised $4 billion in the largest ever foreign currency bond issuance from India. The bond issue was subscribed over three times. Watch the video to know the significance of this move, how RIL plans to utilise the funds, segmental distribution of the issue, and more

RBI to soon issue Rs 10 bank notes in Mahatma Gandhi Series

The Reserve Bank will shortly issue Rs 10 denomination bank notes in the Mahatma Gandhi Series 2005.

J&K Bank to raise Rs 250 cr via issue of shares to state govt

J&K Bank will issue over 3.65 crore shares on preferential basis to the state government to raise Rs 250 crore.

Reliance MF CPSE ETF issue gets oversubscribed by four times

Reliance Mutual Fund CPSE ETF issue, which was opened for Anchor investors today, got oversubscribed by over 4 times, raising Rs 6,000 crore, by anchor investors.

Demonetisation: Interest rates to come down by 1% over 6 mnths, says Kamath

Former ICICI Bank Chairman KV Kamath says the demonetisation drive is a courageous move and the impact in the system due to cash ban will help in recapitalising banks and also address the issue of corruption.

Stellar listing: RBL Bank ends 33% higher over issue price

The Rs 1213 crore public issue of RBL Bank, which was earlier known as Ratnakar Bank was oversubscribed 69.62 times on overwhelming response from investors.

RBL Bank lists at 22% premium over issue price of Rs 225

Shares of RBL Bank was listed at the exchanges at Rs 274.20 per share, up 22 percent from its issue price of Rs 225. The first private lender IPO in a decade was open for subscription on August 19.

RBL Bank IPO opens: Should you subscribe or avoid?

With a bullish stance, Prabhudas Lilladher says that the bank has stayed away from stressed sector lending like steel/power/infra which has helped it to maintain its asset quality at better levels compared to peers despite 60 percent loans in corporate & MSME.

HPCL board approves issue of 2:1 bonus

Hindustan Petroleum Corporation Ltd has informed exchanges that the board has recommended increase in the company's share capital to Rs 2,500 crore and issue of fully-paid bonus shares in the ratio of two for every one held.

Andhra Bank to raise Rs 1,000 cr from bonds

State-owned Andhra Bank said it proposes to raise Rs 1,000 crore from bonds to fund expansion

Tepid debut: UFO Moviez lists at Rs 600 on bourses

UFO Moviez debuted on the bourses at Rs 600 per share Thursday. The stock of the end-to-end high-quality digital cinema solution provider touched a high of Rs 622.80 intraday. Price band of the Rs 600-crore initial public offering (IPO) was at Rs 615-625.

JSPL rises 2% on fund raising plans, aims to ease debts

The company‘s consolidated net debt at the end of September 30, stood at Rs 37600 crore, nearly Rs 2,000 crore more than a year ago.

Sebi pulls up BSE for lapses in NMDC's 2012 OFS issue

Market regulator Securities and Exchange Board of India has censured BSE with respect to lapses in the Rs 6000-crore NMDC offer-for-sale that took place in 2012.

Timeline of the Sebi-Sahara case

The Securities and Exchange Board of India (Sebi) had asked Sahara to refund over Rs 20,000 crore to investors.

Reliance Communications mulling $1bn debt issue: Sources

Proceeds from the issue would likely go towards retiring and restructuring the company‘s existing high-cost debt.

Vodafone tax issues to continue; solution likely post polls

Sources in the Finance Ministry have indicated that a resolution of the Vodafone tax case will now happen only after the elections with the new government because Vodafone is now insisting that the transfer pricing Rs 8,500 crore case be resolved along with the capital gains case.