Canara Bank is planning to raise capital by selling shares to financial institutions and is looking to hire merchant bankers for the same
1 min read11 Dec 2017Sebi has sought clarifications from merchant bankers of 10 firms, including Lemon Tree Hotels and CMS Info Systems, regarding their proposed initial public offers
1 min read31 Oct 2017The Centre invites expression of interest from legal consultants and investment/merchant bankers to manage sale of its stake in HPCL to ONGC
2 min read30 Jul 2017The government is planning to sell up to 25% stake in two PSUs MSTC and NEEPCO through initial public offerings (IPOs)
1 min read26 Jul 2017Inviting bids from merchant bankers, Canara Bank sets floor price at Rs1,500 per share
1 min read20 Jun 2017SBI says it plans to raise funds through follow-on public offer, institutional placement in the current fiscal and proposes to select and appoint up to 6 merchant bankers
1 min read9 May 2017RITES and Rail Vikas Nigam Ltd (RVNL) are among the 5 railway PSUs cleared for listing by the Union Cabinet last week in which the government holds 100% stake
1 min read18 Apr 2017The government is looking to sell stake in bluechip companies like Indian Oil Corporation Steel Authority of India Ltd and NTPC
1 min read17 Apr 2017Snapdeal sounded out five merchant bankers, including SBI Caps and Kotak Mahindra Capital, to work on an IPO that is likely to hit the market in the second half of 2019
1 min read31 Mar 2017Sebi had held that the conditional exemption granted by RBI to non-resident investors to participate in the CARE IPO was not disclosed in the prospectus
1 min read3 Oct 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared