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Reuters 11:08 AM | November 04,2009
The government has plans to divest a 5% stake in the company, and the company will also issue fresh shares comprising 15% of its equity, P. Uma Shankar told reporters at a conference
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Narayanan Somasundaram / Reuters 06:32 PM | August 14,2009
The private sector lender is raising the money to beef up its capital base as it expects robust credit demand on the back of an economic revival in Asia’s third largest economy
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Reuters 07:23 PM | July 20,2009
The share sale was approved by the board earlier on Monday. The deal is being arranged by Morgan Stanley
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Devidutta Tripathy and Narayanan Somasundaram / Reuters 03:31 PM | June 29,2009
The company will be selling more than 340 million shares at Rs81 each; about 40 institutions committed funds
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Nesil Staney 12:07 AM | August 30,2008
Axis Bank shares owned by Suuti will be sold in block deals to institutional investors on local bourses over the next two months
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R. Jai Krishna 12:31 AM | August 13,2008
Employees are resisting the move for fear of eventual privatization
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12:16 AM | July 21,2008
Announcing a buy-back is in some ways an admission that the company has no use for the cash and, hence, intends to return it to shareholders
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M.C. Govardhana Rangan 01:45 AM | October 12,2007
The bank sold 17 million shares at Rs950 a piece, 2.9% lower than Wednesday’s closing price, to raise Rs16.15 billion, the bank said in a statement on Thursday
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03:30 PM | August 15,2007
Sale at Rs275 a share, a slight premium over last close; proceeds to fund Pipavav Shipyard buy, real estate plans
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Gargi Banerjee 09:52 PM | June 28,2007
SBI will also finalise a venture partner for general insurance
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Chen Shiyin and Pooja Thakur (Bloomberg) 11:30 PM | June 24,2007
The amount will come from the so-called greenshoe option; the bank had said it may sell a further $644 million in stock
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ICICI Bank Share sale
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05:00 PM | June 14,2007
Bank will raise $2.15 billion each in India and US, will announce price band on 18 June
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04:06 PM | May 14,2007
The company is planning a $1.9 billion, 2,400-megawatt plant in the eastern Orissa state
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