Mehraboon Irani quits Nirmal Bang to launch wealth management bizIrani has backing of a few mid-sized corporate houses for his wealth management business.
State government companies lure PFs with high-return bond issuesAt least seven state-level undertakings (SLUs) are in the fray to sell debt to PF bodies. Four of them have already launched their offering...
Srei Infra seeks Sebi nod to raise Rs 100 crore from NCDsNCDs are loan-linked securities issued by a company and cannot be converted into stocks. They usually carry a higher interest rate than a c...
FCI's swap deal with Barclays, Axis went awry as it lost about Rs 34 crore: CAGFood Corporation of India (FCI) lost about Rs 34 crore in sharp derivative deals it had entered into with Barclays Bank and UTI Bank (now A...
How seven traders are changing the Indian corporate bond marketA languid stock market has pushed corporates and banks to float bonds. Here's a story of how the Indian corp bond mkt is slowly changing.
- Bank of India to sell Rs 3 bn of bonds: Sources
Bank of India will start selling 3 billion rupees of perpetual bonds on Monday, three bankers said on Friday.
- IDBI Bank to sell perpetual bonds
IDBI Bank will start selling Rs 2.5 billion of perpetual bonds on Friday, two bankers said on Wednesday.
- Green Planet to invest Rs 960 cr in biomass power projects
Green Planet Energy Private Limited will invest a sum of Rs 960 crore on setting up 14 biomass power projects in Punjab.
- BoR's equity infusion plans hit a bear wall
Bank of Rajasthan’s plans to raise equity capital have come a cropper due to regulatory actions and falling markets.
- IFMR average salary up 20% at Rs 6.8 lakh per annum
The Institute for Financial and Management Research (IFMR), one of the oldest business schools in Chennai, is churning out more investment ...
- BoR to divest 10 % stake to raise up to Rs 167 cr
Jaipur-based private lender, Bank of Rajasthan (BoR) is set to divest nearly 10 per cent stake in the bank to raise up to Rs 167 crore.
- IOC to sell Rs 28.53 bn of bonds
India's state-run oil refiner Indian Oil Corporation on Monday opened an issue to sell oil bonds issued to it by the government to compensa...
- Roman Tarmat issue price Rs 150-175 per share
The price band has been fixed between Rs 150 and Rs 175 per share. The issue closes on June 19.
- Roman Tarmat IPO opens Tuesday
Roman Tarmat Ltd is entering the capital markets with an initial public offer of 2,900,000 equity shares of Rs 10 each for cash at a price ...
- IOC liquidates Rs 806 cr worth oil bonds
State-run Indian Oil Corp (IOC) today said it has liquidated Rs 806 crore worth of oil bonds maturing in 2021 and 2023 in the secondary mar...
- UTI Bank hybrid issue mops up Rs 214 cr
UTI Bank has raised Rs 214 crore through a hybrid Tier-I issuance in the domestic market. It has offered a coupon of 10.05% on its Tier-I b...
- UTI Bank to raise Rs 214-cr perpetual debt
UTI Bank is raising Rs 214 crore through perpetual debt, a merchant banking source close to the deal said on Monday.