Wipro Q4 net profit dips 1.9% to Rs 3,502 crore, revenue rises 8%Wipro reported a 1.6% decline in annual revenue in fiscal year 2026 in constant currency terms, in line with its larger rival, Tata Consult...
17 Apr, 2026, 08.18 AM IST
Korean AI chip startup DEEPX, Hyundai work on robots powered by generative AISouth Korean AI chip maker DEEPX is joining forces with Hyundai Motor Group. They will create a new computing platform for generative AI ro...
15 Apr, 2026, 04.01 PM IST
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...
14 Apr, 2026, 02.08 PM IST
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...
05 Jan, 2024, 05.56 AM IST
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...
27 Jun, 2023, 12.23 AM IST
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...
14 Apr, 2022, 10.21 AM IST
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.
10 Oct, 2019, 08.13 PM IST
HDFC Bank seeks shareholder nod to raise Rs 24,000 croreThe extraordinary general meeting of the bank to take shareholder approval is slated for 19 January.
20 Dec, 2017, 04.38 PM IST
ICICI Bank shares up 3% on fixing record date for stock splitThe number of ADSs held by an American Depositary Receipt holder would consequently increase in proportion to the increase in number of equ...
21 Nov, 2014, 07.07 PM IST
Government to review FCCB, depositary receipt rulesThe government is carrying out a comprehensive review of rules governing foreign currency convertible bonds (FCCBs) and depository receipts.
24 Sep, 2013, 05.50 AM IST
- Standard Chartered's IDRs: Bumpy ride ahead29 Jun, 2012, 07.10 AM IST
- Videocon Industries closes $51 million GDR issue
Videocon Industries today said it has raised USD 51.02 million (over Rs 280 crore) via a Global Depositary Receipt (GDR) issue.
22 May, 2012, 04.35 PM IST
- Ind Swift Laboratories jumps over 3% on BSE today
Ind Swift Lab rose by 3% on BSE today after the company announced raising Rs 500 crore through the issue of securities.
27 Sep, 2011, 11.16 AM IST
- Standard Chartered prices India offer at Rs 104 per IDR
Standard Chartered priced its Indian depositary receipts (IDRs) at the lower end of the indicated range on Sunday, the British bank said, r...
30 May, 2010, 03.13 PM IST
- Stanchart to float first IDR for over Rs 2,200 cr; list in June
The bank said it had hired UBS AG, Goldman Sachs, JM Financial Consultants, DSP Merrill Lynch, Kotak Mahindra Capital and SBI Capital Marke...
30 Mar, 2010, 01.34 PM IST
- Cambridge Solutions to raise $40 million
Cambridge Solutions plans to raise up to $40 million, including green shoe option of $10 million, either through American depositary receip...
16 Nov, 2007, 11.31 AM IST
- Electrotherm to raise Rs 300 cr from overseas mkts
Electrotherm India on Thursday said it will raise Rs 300 crore from the overseas markets through the issue of different securities like bon...
24 May, 2007, 10.00 PM IST