Kotak Mahindra Bank promoter Uday Kotak was barred from reducing stake via preference share issue
3 min read11 Dec 2018Infosys ADS holders have complained that the IT firms's issue of bonus American Depositary Shares in September added to their cost of owning the securities without any concomitant benefits
2 min read16 Nov 2018Lakshmi Vilas Bank board also approves a proposal to raise up to Rs250 crore through issue of bonds, debentures or securities on private placement basis
1 min read26 Jun 2018Australia's competition regulator has laid criminal charges against ANZ Banking Group, a local unit of Citigroup and Deutsche Bank relating to cartel offences over a $2.3 billion share issue
1 min read5 Jun 2018On the BSE, Indiabulls Ventures shares surged 7.26% to settle at Rs482.25 and on the NSE, it rose 7.49% to Rs483.50
1 min read30 Apr 2018Idea has allotted about 42.42 crore equity shares to QIPs at an issue price of Rs82.50 per equity share (including a premium of Rs72.50 a share), amounting to about Rs3,500 crore
1 min read23 Feb 2018The United Bank of India (UBI ) approved allotting over 5.49 crore shares to qualified institutional buyers at issue price of Rs23.22 per share
1 min read22 Nov 2017The ongoing drama between Infosys founders and the board is a distraction, and it will be in the interest of founders to sell their stock and make an exit, say two experts
3 min read21 Jun 2017The board of directors has recommended for the approval of shareholders the issue of fully-paid bonus shares in the ratio of 1:2, BPCL said
1 min read29 May 2017The bank would look at raising the capital through a public share issue, or a rights issue, or even a private placement, among other options
1 min read27 Jun 2015The 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