Qip

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Qip - Total results - 52
Kotak Mahindra Bank launches Rs 7,000-cr share sale through qualified institutional placement
Business

Kotak Mahindra Bank launches Rs 7,000-cr share sale through qualified institutional placement

Private sector lender Kotak Mahindra Bank on Tuesday launched its over Rs 7,000-crore qualified institutional placement (QIP) of shares

Avenue Supermarts founder Radhakishan Damani becomes India’s second richest person; networth soars to $17.9 billion
Business

Avenue Supermarts founder Radhakishan Damani becomes India’s second richest person; networth soars to $17.9 billion

Damani and family are the promoters of Avenue Supermarts. Their wealth jumped by close to $96 million as Avenue Supermarts' shares peaked at Rs 2,559 apiece on 13 February.

Yes Bank to delay Q3 results till mid-March; says management 'deeply engaged' in fundraising exercise
Business

Yes Bank to delay Q3 results till mid-March; says management 'deeply engaged' in fundraising exercise

Yes Bank said it has received non-binding expressions of interest from companies including JC Flowers & Co. LLC; Tilden Park Capital Management LP; OHA (UK) LLP (part of Oak Hill Advisors); and Silver Point Capital

Avenue Supermarts market-cap crosses Rs 1.5 lakh cr; Radhakishan Damani becomes 6th wealthiest individual in India
Business

Avenue Supermarts market-cap crosses Rs 1.5 lakh cr; Radhakishan Damani becomes 6th wealthiest individual in India

The Damani-promoted Avenue Supermarts value has gone past Nestlé India and Bajaj Finserv.

Bharti Airtel shares gain 3.5% after telco announces to raise Rs 14,281 cr via QIP; floor price fixed at Rs 452.09 per share
Business

Bharti Airtel shares gain 3.5% after telco announces to raise Rs 14,281 cr via QIP; floor price fixed at Rs 452.09 per share

Airtel has launched foreign currency convertible bonds (FCCBs) at a regulatory floor price of Rs 452.09 to raise an aggregate amount of up to $1 billion, the filing said.

About 15,000 mid, senior level employees exit Axis Bank on organisational restructuring; lender hires 28,000 people this fiscal
Business

About 15,000 mid, senior level employees exit Axis Bank on organisational restructuring; lender hires 28,000 people this fiscal

Though a few exits have been reported in the senior levels of Axis Bank as well due to the restructuring of the operations, majority of the employees quit at the branch levels.

Bharti Telecom seeks Rs 4,900 cr FDI nod; infusion from Singtel, other entities to make Airtel foreign firm
Business

Bharti Telecom seeks Rs 4,900 cr FDI nod; infusion from Singtel, other entities to make Airtel foreign firm

Bharti Telecom holds around 41 percent stake in Bharti Airtel while foreign promoter entities hold 21.46 percent stake in the telecom firm

Allahabad Bank logs Rs 128 cr profit in Q1; okays raising Rs 2,000 cr equity capital through QIP
Business

Allahabad Bank logs Rs 128 cr profit in Q1; okays raising Rs 2,000 cr equity capital through QIP

State-owned Allahabad Bank on Wednesday said it will raise an equity capital of up to Rs 2,000 crore through qualified institutional placement (QIP)

UBI counts on one-time settlement scheme for Rs 4,000-cr NPA recovery in FY20; may raise fund up to Rs 1,500 cr
Business

UBI counts on one-time settlement scheme for Rs 4,000-cr NPA recovery in FY20; may raise fund up to Rs 1,500 cr

UBI had posted an overall net loss of Rs 2,316 crore in the last fiscal, owing to a rise in stressed assets and muted loan book growth.

Tata Group's retail subsidiary Trent to raise up to Rs 1,550 cr for expansion plans; shares rise by 1.41%
Business

Tata Group's retail subsidiary Trent to raise up to Rs 1,550 cr for expansion plans; shares rise by 1.41%

Trent said the total amount to be raised from the issuance of shares to the promoter is about Rs 950 crore.

DLF raises Rs 3,173 cr by selling shares to institutional investors through QIP offer; company to prepay debt
Business

DLF raises Rs 3,173 cr by selling shares to institutional investors through QIP offer; company to prepay debt

Realty major DLF Friday said it has raised Rs 3,173 crore by selling shares to institutional investors through its QIP offer

DLF launches QIP to raise over Rs 3,000 cr with an aim to become debt-free company; shares down 3.49%
Business

DLF launches QIP to raise over Rs 3,000 cr with an aim to become debt-free company; shares down 3.49%

According to a regulatory filing, DLF has launched its QIP on Monday and the floor price has been fixed at Rs 193.01 per equity share.

DLF to launch over Rs 3,000 cr QIP by June in a bid to become debt-free
Business

DLF to launch over Rs 3,000 cr QIP by June in a bid to become debt-free

DLF had last year announced plans to issue up to 17.3 crore shares through qualified institutional placement (QIP) to raise funds and pre-pay loans

DLF group CFO Saurabh Chawla resigns, Ashok Kumar Tyagi to take over; firm seeks shareholders' nod to launch QIP
Business

DLF group CFO Saurabh Chawla resigns, Ashok Kumar Tyagi to take over; firm seeks shareholders' nod to launch QIP

Ashok Kumar Tyagi, the company's whole-time director, would be the new group chief financial officer, DLF said in a filing to the BSE

HDFC Bank to raise Rs 15,500 cr to fund business expansion; fixes floor price for QIP
Business

HDFC Bank to raise Rs 15,500 cr to fund business expansion; fixes floor price for QIP

HDFC Bank raised about Rs 10,000 crore in 2015 by selling ADRs and India-listed shares to the qualified institutional investors.

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

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

Yes Bank gets shareholders' nod to raise Rs 6,700 cr; approves re-appointment of Rana Kapoor as MD & CEO
Business

Yes Bank gets shareholders' nod to raise Rs 6,700 cr; approves re-appointment of Rana Kapoor as MD & CEO

Yes Bank on Tuesday got shareholders' nod for raising $1 billion (about Rs 6,700 crore) from various instruments, including Qualified Institutional Placements (QIPs)

Bank of India defers Rs 3,000 cr QIP, govt to infuse Rs 2,257 cr capital support to bank
Business

Bank of India defers Rs 3,000 cr QIP, govt to infuse Rs 2,257 cr capital support to bank

There is now no need for QIP this fiscal as more capital would also flow-in through recap bonds,