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Fund Raising Plan
Business  /  Published 02.07.20

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

Business  /  Published 02.07.20

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 08.06.20

Concor drill to take off next month

The government plans to come out with expressions of interest (EoI) next month for a strategic sale in Container Corporation of India (Concor).“We had completed the roadshows and investor meetings b...
By R. Suryamurthy in New Delhi

Business  /  Published 07.06.20

China funds for Jaguar Land Rover

Jaguar Land Rover (JLR), owned by Tata Motors, has entered into agreements with lenders in China for an unsecured three-year term loan facility of 5 billion yuan ($704.50 million), marking its first d...
By Reuters in Shanghai

Business  /  Published 04.06.20

SBI in $1.5 billion cash chase

State Bank of India (SBI) on Thursday announced its board will meet on June 11 to consider raising up to $1.5 billion from the international markets.The fund-raising plan comes days after rating agenc...
By Our Special Correspondent in Mumbai

Business  /  Published 03.06.20

Reliance Industries rights a big draw

The Rs 53,124-crore rights issue from Reliance Industries (RIL), which closed for subscription on Wednesday, has been subscribed more than 1.6 times.Data available from the stock exchanges showed that...
By Our Special Correspondent in Mumbai

Business  /  Published 02.06.20

Tata telecom arm joins NCD queue

Tata Teleservices (Maharashtra) is planning to raise up to Rs 5,000 crore through issue of preference shares to its promoters and non-convertible debentures (NCDs).A proposal to this effect was approv...
By Our Special Correspondent in Mumbai

Business  /  Published 31.05.20

Kotak Mahindra Bank mops up Rs 7442 crore

Private sector lender Kotak Mahindra Bank (KMB) has raised Rs 7,442.5 crore through a qualified institutional placement (QIP) of shares. The bank on Saturday issued 6.5 crore shares at a price of Rs ...
By PTI in Mumbai

Business  /  Published 12.05.20

Raymond drops plan to raise funds

After Tata Motors, Raymond on Monday said it was unable to raise the targeted Rs 98 crore through debt securities because of the higher cost expectations from market participants.The impact of the Cov...
By Our Special Correspondent in Mumbai

Business  /  Published 08.05.20

Tata Motors drops debentures plan

Tata Motors on Thursday said it has decided to withdraw a non-convertible debenture (NCD) issue to raise up to Rs 1,000 crore, because of “tight market conditions” — an indication that many com...
By Our Special Correspondent in Mumbai


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