The Indian arm of the South Korean carmaker will be making investments towards capacity expansion, product and platform development, new launches, etc.
Manas Jaiswal of manasjaiswal.com feels any dip in the market is a great buying opportunity, as Nifty can breach records and soar higher backed by banking stocks.
Rashtriya Ispat Nigam Ltd's Rs 2,500-crore initial public offering (IPO) has been been put on hold by the government in view of the weak market conditions.
The ONGC follow-on public offer (FPO) issue has been deferred by 15 days due to price mismatch, reports CNBC-TV18 quoting sources. It is learnt that the government will take a call once market feedback comes in.
State-owned Oil and Natural Gas Corp (ONGC) will file papers for its much-delayed Rs 12,000 crore share sale with market regulator SEBI today.
State-owned Oil and Natural Gas Corp's (ONGC) much-delayed Rs 12,000 crore follow-on public offer may open on September 20 or 27.
The wait has been rather long but may see light of the day soon . Finally follow-on-offer (FPO) of state-run ONGC is likely to hit the market on September 20, reports CNBC-TV18 quoting sources.
The much-awaited ONGC FPO is likely to be differed till September, reports CNBC-TV18's Aakansha Sethi quoting sources.
SRS Ltd, a company into cinema exhibition, food and beverages, retail and manufacturing and retailing of jewellery, today said that it has obtained Sebi approval for its initial public offering (IPO).
Muthoot Finance plans to raise Rs 901 crore via an initial public offer of 5.15 crore equity shares in the price band of Rs 160-175. "The purpose of the fund raising is to maintain our aims to attain a capital adequacy ratio (CAR) above 15%," said George Alexander Muthoot, MD, Muthoot Finance. The company's current CAR stands at 14.79%.