Feb 07, 2021 10:59 AM IST
The government will sell its entire stake in Tata Communications Ltd (TCL), erstwhile VSNL, through an offer for sale and strategic sale route by March 20, 2021.
- Dec 13, 2016 02:24 PM IST
The Securities and Exchange Board of India (Sebi) already gives permanent registration to stock brokers and sub-brokers subject to their compliance with certain requirements.
- Sep 28, 2016 02:46 PM IST
Security and Intelligence Services today filed their draft papers with market regulator Sebi to raise an estimated Rs 500 crore through an initial public offering.
- Jul 08, 2016 02:08 PM IST
Government has invited merchant bankers to help it sell minority stakes in 51 companies, including RIL, ICICI Bank, Axis Bank and L&T, and is looking at exiting them within three years
- May 30, 2016 04:40 PM IST
The four bankers who will be selected on Friday will manage an offering which is expected to contribute just less than Rs 4,000 crore to the government exchequer.
- May 11, 2016 08:24 PM IST
The new norms for the public issuance of InvITs pertain to appointment of merchant bankers, disclosures in the offer documents, filing of draft papers and keeping them in the public domain for at least 21 days.
- May 10, 2016 08:46 AM IST
The government plans to disinvest 15 percent each in Metals and Minerals Trading Corporation of India (MMTC) and State Trading Corporation (STC) through an offer for sale (OFS).
- Oct 20, 2015 06:11 PM IST
It plans to sell 10 percent stake in the world's largest coal miner, but got virtually no response from foreign merchant bankers over the company purportedly not complying with its own sustainability policy.
- Aug 12, 2015 08:07 PM IST
This stake sale would help the government move closer to its divestment target of Rs 70,000 crore. The divestment is likely to fetch the government around Rs 20,000 crore.
- Aug 11, 2015 09:33 PM IST
Sources say the finance ministry will seek Cabinet not for a 10 percent stake sale in Coal India tomorrow.
- May 04, 2015 01:31 PM IST
The proposed public issue comprises fresh issue worth Rs 65 crore and an offer for sale up to 84 lakh from its promoter and AA India Development Capital Fund.
- Oct 15, 2014 08:29 PM IST
Terming Sebi's action against DLF as "harsh", industry body Assocham today questioned the role of merchant bankers, advisors and other intermediaries involved in a public offer process and said "regulatory activism" should not hamper business environment.
- Feb 12, 2014 06:24 PM IST
The government has proposed to sell all 29.5 percent stake in Hindustan Zinc via an open auction.
- Dec 03, 2013 09:16 PM IST
The company is offering the five year Euro bonds for investors and the money is being raised through its wholly owned Bharti Airtel International (Netheralnds) BV
- Oct 23, 2013 09:42 PM IST
The move would drastically cut down the number of pages in offer documents or prospectus for IPOs and FPOs, which are currently very bulky in nature and run into hundreds of pages.
- Jun 05, 2013 05:07 PM IST
State-run Coal India Limited will finalise merchant bankers for overseas mining business. It had proposed an ad-hoc provision of Rs 35,000 crore for acquisition and development of mines abroad by 2017.
- Apr 22, 2013 05:34 PM IST
Steel major Tata Steel is hitting the markets on Tuesday for a possible Singapore dollar- denominated bond sale, merchant bankers said on Monday.
- Nov 27, 2012 02:00 PM IST
The government today initiated the process of disinvestment in NTPC by inviting bids from merchant bankers for 9.5 per cent stake sale in the power major, which may fetch the exchequer over Rs 12,000 crore.
- Oct 21, 2012 09:46 PM IST
An inter-ministerial group will meet on Monday to decide on the appointment of merchant bankers to manage the stake sale of Power Grid Corporation (PGCIL).
- Jun 06, 2012 06:51 PM IST
The government is watching the outcome of June 17 elections in Greece before beginning its ambitious Rs 30,000-crore divestment programme as poll results will stir course of the Euro-zone crisis that has impacted markets the worldover.
- Jan 10, 2012 10:11 PM IST
With a view to enable investors to take well-informed investment decisions, regulator SEBI on Tuesday directed merchant bankers to disclose the track record of the performance of the public issues managed by them.
- Aug 12, 2011 07:46 PM IST
Even as the spat between MCX-SX and Sebi rages on, sources at the finance ministry have indicated that a special exchange for small and medium enterprises (SMEs) may materialize as early as September this year, reports CNBC-TV18 in an exclusive.
- Jun 17, 2011 12:15 PM IST
As many as 10 merchant bankers are in the fray to bag the mandate for the proposed initial public offering of NBCC Ltd.
- Feb 16, 2011 07:58 PM IST
The fluctuating markets may further delay the launch of state-run SAIL's follow-on public offer. The issue, which was scheduled to release this March, may now be launched only in the first week of April, reports CNBC TV18's Aakansha Sethi quoting sources.
- Jan 28, 2011 09:28 AM IST
The board of the Steel Authority of India (SAIL) will be meeting next week to decide on the follow-on public offering (FPO). The FPO expected to roll out by next month. It is now at the attorney general's office from which the public sector steel company has sought his opinion on the issue of merchant bankers.