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GLOBAL DEPOSITARY RECEIPT
These 9 banking stocks have an upside potential of up to 27% in 1 year, according to analystsWe are in times when a statement by US President Trump can cause crude oil prices to drop sharply and another by Iran can push them back up...- IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's whyIT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears o...
- Citi alumni plan Bitcoin securities that don't need SEC nodThe new offering, called Bitcoin depositary receipts, will be similar to American depositary receipts that represent foreign stocks. The st...
- Deutsche Bank tells investors some of their Russian shares are missingGermany's largest bank said in a note dated June 9 and viewed by Reuters that it had uncovered a shortfall in the shares that back the depo...
- Russian companies, banks could reap hundreds of millions of dollars from depositary receipt delistingDepositary receipts are certificates issued by a bank representing shares in a foreign company traded on a local stock exchange. They allow...
- Sebi brings in liberalised norms for depository receiptsThe liberalised norms for DRs were issued in 2014 but could not be implemented due to concerns raised by Sebi.
- Easier KYC for foreign funds investing in Indian firmsDepository receipts, such as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), are instruments denominated in fore...
- RBI restricts foreigners from buying shares in Hathway CableThe foreign shareholding through GDRs/ADRs/FDI/NRI/PIO/ FIIs/RFPIs in Hathway Cable & Datacom Ltd has reached the prescribed threshold limi...
- Country Club India board approves to raise $150 millionEntertainment and leisure firm Country Club India today said it's board has approved to raise funds to the tune of $ 150 million (nearly Rs...
- Videocon Industries closes $51 million GDR issueVideocon Industries today said it has raised USD 51.02 million (over Rs 280 crore) via a Global Depositary Receipt (GDR) issue.
- Indian firms make highest contribution to Luxembourg ExchangeMajority of the Indian companies which have listed their GDRs are in construction, software and biotechnology sectors.
- Ind Swift Laboratories jumps over 3% on BSE todayInd Swift Lab rose by 3% on BSE today after the company announced raising Rs 500 crore through the issue of securities.
- Nu Tek raises $ 44.4 mn via GDR;stock gainsNu Tek India has raised $44.4 million by issuing global depositary receipts.
- GMR Infra to raise Rs 5,000 cr; appoints Bommidala as MDGMR Infrastructure on Tuesday said it plans to raise Rs 5,000 crore by selling shares in domestic as well as international markets.
- Tata Power raises $335 mn in sale of GDRsTata Power Co Ltd raised $335 million in a sale of global depositary receipts (GDRs) that was priced at about a 3 percent discount to the s...
- Essar Oil to raise USD 2,000 mnPrivate sector refiner, Essar Oil on Saturday said it will raise USD 2,000 million (nearly Rs 9,606 crore) through various domestic and int...
- Gulf Oil Corp to raise $100 million from foreign marketHinduja Group company Gulf Oil Corp on Thursday said it would raise $100 million (around Rs 460.10 crore) from foreign markets.
- IT People to raise $25 mn through GDRsIT People (India) Ltd said on Tuesday it would raise $25 million through the issue of Global Depositary Receipts.
- Cambridge Solutions to raise $40 millionCambridge Solutions plans to raise up to $40 million, including green shoe option of $10 million, either through American depositary receip...
- Electrotherm to raise Rs 300 cr from overseas mktsElectrotherm India on Thursday said it will raise Rs 300 crore from the overseas markets through the issue of different securities like bon...
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