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STERLITE POWER FUNDRAISING
Sterlite Power announces bonus share issue; IPO expected by year-endThe Vedanta Group arm's bottom line was dented as expenses more than doubled in the said period.However, it clocked a 150 per cent rise in ...
IPO Pipeline 2022: LIC, OYO, Adani Wilmar among key IPOs to watch out forOravel Stays (OYO), whose IPO papers are with Sebi, will also hog the limelight. The IPO would be as big as Rs 8,430 crore in size. If appr...
Stocks in the news: SBI, Bharti Airtel, HDFC Life, Eicher Motors, PNB Housing and JSPLCompetition Commission of India (CCI) approved the acquisition of Exide Life Insurance by HDFC Life Insurance.
30 cos may float public issues in Oct-Nov to mop up Rs 45,000 crGoing forward, the IPO boom is expected to extend in the coming year if the prevailing market situation remains constant or doesn't change ...
Private equity firm KKR withdraws intention to sponsor India Grid TrustAccording to the deal terms, KKR affiliate Esoteric II Pte got 23% units of the trust with an option to buy a further 15% by July 15 this y...
Stocks in the news: Hero MotoCorp, Titan, L&T, SBI, PVR and Adani GreenMRPL, Teamlease, PSP Project, Graphite India and Gujarat Pipavav will announce Q4 results today.
KKR to buy five solar assets from SP Group for $200 millionKKR began to focus on Asia’s infrastructure sector with a series of hires beginning about a year ago, and launched its fundraising in 2019....
How KKR is betting on green future in IndiaKKR is in advanced talks to buy the solar portfolio of Shapoorji Pallonji Group for Rs 1,500-1,750 crore.
Edelweiss Infra Fund to raise $375m; plans invIT for road, energy assetsEdelweiss Infra has launched the road show for fundraising for its infrastructure fund Edelweiss Infrastructure Yield Plus Fund, and is lik...
- Value-hungry companies may scrap their Sebi-cleared IPO plans
Most cos that got regulatory approval may have to refile offer documents as SEBI doesn't allow IPOs with same documents 12 months after fil...
- R-Power to hit funds trail again
Reliance Power (R-Power) is seeking the approval of its shareholders to dilute up to 25% of the company's equity in multiple tranches.
- Sterlite raises $500 mn via convertible bonds
Sterlite Industries, the country’s largest non-ferrous metals maker, on Friday raised $500 million (about Rs 2,314 crore at current exchang...
- Cheerful outlook for markets, several cool picks: Geojit BNP Paribas
Gaurang Shah, Assistant Vice President, Geojit BNP Paribas Financial Services is very optimistic on the markets. BNP Paribas has identified...
- Rs 60k-cr corporate projects on back burner
Indian corporates are pushing back plans to raise close to Rs 60,000 crore for expansion of existing units as well as construction of fresh...
- IDFC, Lehman may pick 17% in power utility KGPL
Private equity majors IDFC Project Equity and Lehman Brothers are in advanced stage of talks to pick up 16.66% in Konaseema Gas Power for a...
- Clear Investments , PFC to float $1 bn PE fund
US' Clear Investments & Power Finance Corp will float a $1 bn private equity fund for the Indian power sector.
- Power cos plan to raise $10 bn from primary market & pre-IPO placements
Apart from REPL's proposed IPO, four other power majors like Sterlite, JSW Energy, Essar Power and L and T are expected to go public. REPL ...