Reliance Industries has raised its stake in HFCL (formerly Himachal Futuristic Communications Ltd) — the country’s largest integrated telecom network provider —to 5 per cent by inves...

Canara Bank on Tuesday approved the opening of Qualified Institutional Placement (QIP) of equity shares of face value of Rs 10 each at a floor price of  Rs 155.58 per share. The bank is looking ...

InterGlobe Aviation, parent of the country’s largest airline IndiGo, on Tuesday reported a net loss of Rs 3,174 crore for the quarter ended June 2021, primarily because of a sharp decline in rev...

Tata Motors on Monday said its board has approved a proposal to raise up to Rs 500 crore through the issue of securities on a private placement basis. A meeting of the duly authorised committee has a...

State-owned Punjab National Bank on Saturday said it has raised Rs 1,800 crore by selling 53 crore shares on a private placement basis to investors such as LIC and Societe Generale. Eligible qualifie...

An anchor investor in Yes Bank has sold a part of its equity stake in the bank. Bay Tree India Holdings has sold a little over 2 per cent stake in Yes Bank in open market transactions, trimming its s...

Indian corporate houses have raised Rs 1,88,900 crore through equity markets in 2020-21 surpassing the previous high of Rs 1,75,680 crore in 2017-18, according to data compiled by primedatabase.com. ...

Public sector banks (PSBs) are planning to raise about Rs 25,000 crore through a mix of equity and debt in the next three months to support credit pick-up and meet regulatory requirement.  In th...

Investment bankers are bullish about their business, backed by a healthy pipeline of initial public offers, mergers and acquisitions and private equity investments. Till date in 2020, the average Ind...

Bank of Baroda on Tuesday said it would not charge for basic banking services following a public outcry. The announcement came just a day after the bank said it would begin charging customers for bas...