DMart plans Rs 6,200 crore QIP to meet Sebi holding norm
Avenue Supermarts promoter Damani has to pare his 80.21% stake to comply with the SEBI’s minimum public shareholding rule for listed companies. This stipulates that promoters cannot own more than 75%.
Time for a rethink on monetary policy: Has inflation targeting failed?
CPI climbing to a 64-month high has brought back the question: is mone...
Bharti Airtel launches QIP to raise $2 billion, FCCB of $1 billion
The fundraising has come at a time when the company has to pay Rs 35K cr o...
Airtel kicks off $3-billion fundraiser for AGR dues
In a statement to stock exchanges on Wednesday, the telco said it plans to raise $2 billion through a qualified institutional placement (QIP) of equity shares, and $1 billion via foreign currency convertible bonds (FCCBs), including a $250 million ‘upsize’ option.
Boeing document dump shows 'disturbing' picture on 737 MAX: Official
Boeing had decided to brush off safety concerns and to keep flying the 737 MAX after the first crash.
Buy growth, ditch defensives in 2020: Deven R Choksey
In April 2018, Sebi classified stocks into smallcaps, midcaps and largecaps. They should do away with that.
Standard Life to sell 2.23% stake in HDFC AMC via OFS
Standard Life has proposed to sell up to 47.5 lakh equity shares, representing 2.23 per cent stake
RBI to cut rates by 40 bps by Feb despite high inflation
The consumer price inflation fastened to 4.62 per cent for October.
Foreign funds likely to increase India weightage: Sunil Khaitan, BofAML
The interest for companies that straddle consumer growth and financing of that growth is tremendous.
SAMHI Hotels gets Sebi nod for Rs 1,800-2,000 crore IPO
SAMHI Hotels' IPO comprises a fresh issue of Rs 1,100 crore and an OFS of 1,91,45,624 equity shares.
Festival of Lights fails to revive India’s sullen animal spirits
Poor reading in all key markers signals a protracted slowdown, and may influence the RBI to cut rates more.
‘Fund managers moving to equities from cash’
About 230 fund managers with $700-billion worth of assets under management participated in the survey.
India moves with global tide; US markets pulled up India this week: Sanjay Mookim, BofA Merrill Lynch
Not in the short term, but if you are a long-term asset allocator, India and equities look okay.
Snapdeal in talks for $100m at valuation of $800m-1.2bn
The new round is expected to benchmark a new valuation for Snapdeal besides testing if its founders can win investor trust for the business after seeing a significant value erosion, said the first source mentioned earlier.
SBI plans to sell 14% stake in card unit’s IPO, raise Rs 8,000 crore
It is the second largest credit card company in India with a card base of 9.5 million after HDFC Bank, with over 13 million.
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