MMTC stake sale on Mar 14; could fetch Rs 300 cr

The rating agency Crisil has assigned it a grading of 3/5. Its lead manager is IDBI Capital Market Services Ltd while the legal advisors to the issue are Desai & Diwanji. The registrar to the issue is Bigshare Services Pvt. Ltd and advisors to the ...

The SME IPO from Opal Luxury Time Products, a Pune- based premium home products manufacturing and marketing company, has received an excellent response from investors and was subscribed 59% today. The price band has been fixed at Rs 130 to Rs 135 ...

NEW DELHI: Witnessing a sharp value erosion in their scrips during the last quarter of the current fiscal, about 50 listed banks and NBFCs of the country have lost nearly Rs 1.43 lakh crore in their market capitalisation in this period. The ...

Industry : Banking/Financial Services Category : Private Equity Private sector lender Ratnakar Bank has completed its second round of capital infusion of R324 Cr by issuing 3 Cr new shares to domestic and global investors. Vishwavir Ahuja, MD and ...

1%) The public sector lender IDBI Bank today raised $ 500 million through long term bonds in highly uncertain market marked by Cyprus bailout scare and DMK pulling out of United Progressive Alliance at Centre. The issue opened for subscription today ...

EGoM defers MMTC stake sale over valuation of equityThe DoD had shortlisted three investment bankers - Avendus, IDBI Capital Market Services and IDFC to manage the stake sale of the PSU.

The markets are likely to trade range-bound with a positive bias tracking global cues. However, stock specific action is likely to continue with some profit booking kicking-in the second half of trade today. I expect the current rally to sustain for ...

Sensex closed at 19673.64, up 0.50 percent and the Nifty closed at 5971.05, up 0.46 percent. Indian services growth, which was to be a key trigger for the markets eased dramatically during April as new orders came in at a much slower pace, prompting ...

Tejinder Singh The need for financial services does not have to be debated. While loans are available in plenty, the processes relating to it, the paperwork and the back and forth on several issues pertaining to loans is something most of us have ...