BIDDING PROCESS
Angel Broking IPO gets subscribed 1.5 times on day 2As per data available with NSE, the issue was able to attract bids for 2,00,94,459 shares, which was 1.46 times the issue size of 1,37,70,4...
- Government looks to sweeten Air India sale deal, discusses proposals for prospective bidders
Senior government officials said there are some options, including allowing interested parties to bid based on the enterprise value, being ...
- Kerala govt did not qualify in Thiruvananthapuram airport's bidding process: Puri
Talking about the airport's 2019 privatisation process on Twitter, Puri said, "Winning bid quoted Rs 168 per passenger, KSIDC (Kerala State...
- India to start bidding process by Oct to procure 6 submarines costing Rs 55,000 crore
The defence ministry has already shortlisted two Indian shipyards and five foreign defence majors for the project, being billed as one of b...
- Govt approves proposal for leasing out Jaipur, Guwahati and Thiruvananthapuram airports through PPP model
New Delhi: The Union Cabinet on Wednesday approved the proposal for leasing out airports at Jaipur, Guwahati and Thiruvananthapuram through...
- Reliance Capital begins asset monetisation process
The market sources said Reliance Capital has begun its monetisation plan and expression of interest (EoI) by the trustee -- Vistra -- will ...
- Centre offers processed moong, urad to states at subsidised rate for retail sale
"This is a new retail price intervention mechanism which has been approved by the Group of Ministers recently. Under this initiative, the c...
- Hexaware delisting: Majority bids at Rs 475
Sources say that there has been participation of large institutional investors such as two of the top 3 institutional shareholders particip...
- Rossari Biotech IPO subscribed nearly 3 times on Day 2 of bidding process
At the higher end of the Rs 423-425 price band, the specialty chemicals manufacturer is seeking a valuation of 19.9 times FY20’s EV/Ebitda ...
- YES Bank FPO subscribed 48% on Day 2. Here's what analysts say
At the upper end of the price band, YES Bank demands an adjusted price-to-book value of 0.85 times. A few other banks trading at similar va...
- NTPC invites bids for biomass pellet procurement for thermal plants
The power producer has envisaged consumption of five million tonnes of pellets in the current year at its 17 its power plants including NTP...
- Maldives helps India block bid to hold Saarc summit in Pakistan
In his Saarc address, Maldives foreign minister Abdulla Shahid called for creation of a conducive environment to reach consensus on conveni...
- Hexaware gains 3% amid reverse book building process
“We don't expect minority investors of any IT company likely to surrender shares at a significant discount to its prevailing market price g...
- Ex-UK attorney general condemns bid to rewrite Brexit deal
As part of the Brexit divorce deal, Britain and the EU agreed to keep Northern Ireland — the only part of the U.K. to share a border with t...
- Russia and China dismiss Microsoft allegations of bids to hack Biden and Trump camps
The Microsoft report, which also mentioned Iran, came as Reuters revealed one of Biden's main campaign advisory firms had been warned by th...
- Sebi allows extension of Hexaware's delisting offer closing date to Sep 16
The voluntary delisting process of Hexaware Technologies from the BSE and the NSE had started on September 9. The delisting offer with a fl...
- No letter awarding airport project sent to GMR: MIHAN to High Court
MIHAN, a joint venture of Maharashtra Airport Development Company and Airports Authority of India, filed its affidavit before the Nagpur be...
- Standard Chartered fined Rs 100 crore for role in TMB buyout bid
ED faults transactions in 2007 related to bid by offshore entities to take control of local lender
- Tata Sons confirms it is weighing bid for Air India, may make formal bid by end of this month
Officials said it is too early for discussions around funding or the possible business structure till the due diligence is complete.
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