Fund Raising Plan
Business  /  Published 25.08.20

RBI: Twist to pare yields

The RBI on Tuesday announced another “Operation Twist” as it sought to cool down bond yields, which have breached the 6-per-cent-mark. The central bank said that it will conduct simultane...
By Our Special Correspondent in Mumbai

Business  /  Published 18.08.20

Uco Bank to raise funds

State-run Uco Bank has secured approvals from its board of directors and shareholders to raise Rs 3,000 crore capital this fiscal as the lender requires resources to grow and also provide for non-perf...
By Our Bureau in Calcutta

Business  /  Published 11.08.20

HDFC, Axis achieve fund-raising goals

The country’s largest pure play mortgage lender HDFC on Tuesday said it has raised close to Rs 14,000 crore by issuing shares to qualified institutional investors and through non-convertible deb...
By Our Special Correspondent in Mumbai

India  /  Published 10.08.20

Future uncertain for Madras crocodile park

India’s largest crocodile park may have as little as four months before it runs out of funds to feed animals, pay staff and do research, as ticket revenue shrinks after coronavirus lockdowns cho...
By Reuters in Chennai

Calcutta  /  Published 30.07.20

Teens fight against menstrual inequality

Three Class XII girls have started an online campaign to fight menstrual inequality and eradicate “period poverty” by giving sanitary pads to women who can’t afford them during the p...
By Jhinuk Mazumdar in Calcutta

Business  /  Published 29.07.20

IndusInd Bank to raise funds

IndusInd Bank is raising fresh capital of Rs 3,288 crore through a preferential issue at a price of Rs 524 per share. The shares will be issued to five marquee investors and the promoters. The bank w...
By Our Special Correspondent in Mumbai

Business  /  Published 24.07.20

Uco Bank to raise 3000cr

Uco Bank plans to raise Rs 3,000 crore during 2020-21 as part of its efforts to sustain growth and comply with the Basel requirements on capital adequacy. The board of directors of Uco Bank on Thursd...
By A Staff Reporter in Calcutta

Business  /  Published 24.07.20

Spencer's: rights issue float

Spencer’s Ltd, the hypermarket chain from the stable of RP-SG Group, is going to launch its maiden share sale to the public in the first week of August with a Rs 80-crore rights issue. Priced a...
By Sambit Saha in Calcutta

Business  /  Published 03.07.20

Board clears Axis Bank fund raiser

Axis Bank on Thursday said it has received the board’s approval to raise up to Rs 15,000 crore though issuance of various securities. The fund raising will be “through issue of equity sha...
By The Telegraph in New Delhi

Business  /  Published 03.07.20

Tata Power board approves proposal to raise Rs 2,600 crore

Tata Power on Thursday said its board has approved a proposal to raise Rs 2,600 crore through the issuance of preference shares to promoter Tata Sons. Tata Sons’ shareholding will increase from ...
By Our Special Correspondent in Mumbai


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