Qip

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

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

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

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

Axis Bank raises Rs 12,500 cr through QIP; fund to be used for expanding 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

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%

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

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%

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.