PowerGrid Corporation of India (PGCIL) is planning to raise around Rs 4,000 crore in domestic bonds by end-August or early-September to expand and strengthen its transmission networks and grid system. RT Agarwal, director finance of PGCIL, told Financial ... The Financial Chronicle, 2 weeks ago
The government has asked market regulator Securities and Exchange Board of India to allow relaxations in rules for follow-on public offerings, two people with knowledge of the development have said.For the 2014-15 disinvestment programme, the Centre intends to give more weight to the FPO route than the offer-for-sale route, to ensure better participation from retail investors.Both FPO and OFS routes are used by listed companies for secondary share sales by promoters. The OFS route is cost- and ...Rediff.com, 2 weeks ago Govt asks Sebi to relax FPO norms Business Standard India, 2 weeks ago
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