Fpo

Telecom gear maker ITI to raise Rs 1,600 cr via FPO for part-debt repayment, working capital needs; issue to open on 24 January

ITI's total outstanding debt as on 31 December 2019, stood at Rs 978.38 crore.

Central Bank of India to raise Rs 8,000 cr to strengthen core capital to comply with Basel III norms

Central Bank said it will use the enhanced capital for the general business purposes of the bank

Start-ups get a funding boost: Sebi sets easier IPO norms, halves listing time to six days

The Sebi board also decided to allow a larger number of companies to raise funds through a 'fast-track' process.

PowerGrid plans to spend Rs 22,500 cr for expansion plans in FY16

The company has earmarked a capital expenditure of up to Rs 1 lakh crore for five years, ending 2016-17.

SBI's share sale to raise up to Rs 15,000 cr may be pushed to June

The share sale would happen via the "fast track" follow-on offering route, said the sources. Under the fast-track process, select large companies are exempted from complying with the market regulator's disclosure and filing requirements.

Sebi proposes to cut timeline for listing shares, faster fund raising in new e-IPO norms

To boost fund raising from markets, Sebi today proposed e-IPO norms where investors can bid for shares through Internet and eventually on mobiles, while already listed PSUs will be provided a 'fast-track' route for share sales to meet the disinvestment targets.

PowerGrid's Rs 7,083 cr FPO opens on Tuesday

The price band for the issue, where PGCIL will offer 78.70 crore shares, has been fixed at Rs 85-90 a share.

Power Grid falls 15%: Secondary issue may be offered at a discount

Shares of Power Grid Corporation of India fell around 15 percent after the company said it would issue 694.5 million new shares in a secondary offering to raise funds.<br /><br />

Did Budget 2013 target tax treaties? FM's silence confuses foreign investors

TRC issue remains a niggling factor since it comes a year after former finance minister Pranab Mukherjee proposed to introduce general anti avoidance rule (GAAR).

Public offers dip 92% in first half of current fiscal

Indian companies raised Rs 772 crore through sale of shares to public investors in the first six months of current financial year