ING Vysya Bank to raise Rs 20bn via QIP

MUMBAI: Yes Bank is likely to raise around $300 million through for expansion of its retail business, say sources. The stock gained momentum after ET Now broke the IPP story. At 11:15 a.m.; the stock was at Rs 537.45, up 1.94 per cent, on the BSE.

Bank of India has planned a Qualified Institutional Placement offer in the second half (October-March) of this financial year, to raise equity capital for its growth.

Shriram City Union Finance (SCUF) may raise around Rs 325 crore capital through either an institutional placement of shares or from private equity investors this fiscal, a top official has said.

Investors in the QIP include Nomura, L&T Mutual Fund, DB International and Abu Dhabi Investment Council. After raising funds from Goldman Sachs earlier this week, cable television company DEN Networks Ltd has raised a little over $50 million or Rs ...

Cable distribution company DEN Networks intends to use the recently raised funds for consolidating the digitisation process and for broadband rollout, MG Azar told CNBC-TV18.

Dhanlaxmi Bank Limited has raised Rs. 70 crore ($13 million) through issuance of equity shares, by way of a qualified institutional placement (QIP). ICICI Securities Limited and Motilal Oswal Investment Advisors Private Limited were the Book Running ...

Hindu Business Line reported that Uttam Galva Steels, in which the world's largest steel maker ArcelorMittal has 33.80% stake said that it has raised INR 76.14 crore through placement of shares to Mauritius based Albula Investment Fund. Albula had ...

Uttam Galva Steels is currently trading at Rs. 77.20, up by 2.40 points or 3.21% from its previous closing of Rs. 74.80 on the BSE. The scrip opened at Rs. 77.45 and has touched a high and low of Rs. 78.50 and Rs. 75.15 respectively. So far 24612 ...

KLE University's College of Pharmacy, Belgaum has called for the protection of rarely available medicinal plants. At a week-long AICTE-sponsored Quality Improvement Programme (QIP) on Traditional Knowledge and Newer Approaches in Herbal Formulations ...