Sunil Mittal's Bharti Telecom to raise Rs 8,500 cr via domestic bond market: Report
Mumbai: Bharti Telecom Ltd., owned by billionaire Sunil Bharti Mittal, is planning to raise approximately Rs 8,500 crore (around $1.01 billion) in the domestic bond market, reported Bloomberg.
Zomato plans to raise Rs 8,100 cr via QIP: Report
Mumbai: Food aggregator Zomato, which announced a massive 388% YoY Q2FY25 net profit on Tuesday, revealed plans for a qualified institutional placement (QIP) to raise additional funds, reinforcing the bullish sentiment from brokerages, media reports said.
New Delhi: Troubled-airline SpiceJet deposited provident dues accumulated over the past 10 months, media reports said.
September to be busiest month for IPOs in last 14 years, says RBI report
Mumbai: September is on track to be the busiest month for initial public offerings (IPOs)—both mainboard and SME—in 14 years, with over 28 companies entering the market so far, Moneycontrl reported, citing the latest monthly bulletin from the Reserve Bank of India (RBI).
HDFC Bank unit HDB Financial Services approves Rs 2,500 cr fundraise
Mumbai: HDFC Bank's unit HDB Financial Services has approved raising Rs 2,500 crore ($299 million) through a fresh issue of shares as part of its upcoming initial public offering (IPO), Reuters reported, citing the bank’s announcement on Friday.
Canara Bank raises Rs 3,000 cr via AT1 bonds
Mumbai: Canara Bank raised Rs 3,000 crore at a coupon rate of 8.27%, lower than the market expectations of 8.30–8.35%, NDTV profit reported citing sources.
SEBI's consultation paper advocates for rights issues as preferred fundraising method
Mumbai: Capital market regulator SEBI has released a consultation paper aimed at speeding up the rights issue process.
Bajaj Finance in talks to borrow $500 million offshore borrowing
Mumbai: India's largest non-banking finance company by market value is planning to raise up to $500 million through offshore borrowing, Bloomberg reported, citing sources who requested anonymity due to the private nature of the talks.
Vedanta Ltd raises Rs 8,500 cr through QIP at Rs 440 per share
Mumbai: Vedanta Limited announced on Friday that it raised Rs 8,500 crore through a Qualified Institutions Placement (QIP), which launched on July 15, at a price of Rs 440 per share, media reported.
SBI raises Rs 10,000 cr via infra bonds
Mumbai: The State Bank of India (SBI) has raised Rs 10,000 crore through 15-year infrastructure bonds to finance projects in sectors such as power and roads.
Zepto raises $665 million in funding, company value goes up to $3.6 billion
Quick-commerce company Zepto on Friday announced it has secured $665 million in a funding round, which has doubled its valuation to $3.6 billion, media reported.
SBI to raise Rs 10,000 cr via infra bonds: Report
Mumbai: The State Bank of India (SBI), the country's largest lender, has initiated discussions with market participants to raise approximately Rs 10,000 crore ($1.20 billion) through infrastructure bonds, reported Reuters on Tuesday, citing two merchant bankers.
Adani Enterprises to raise Rs 16,600 cr via QIP route
Mumbai: The board of Adani Enterprises has approved a plan to raise Rs 16,600 crore through the Qualified Institutional Placement (QIP) route, as announced in an exchange filing on Tuesday.
Vodafone Idea to raise Rs 20,000 cr via equity
Mumbai: Vodafone Idea Ltd is poised to raise Rs 20,000 crore through a combination of equity and equity-linked instruments following approval from the company's board, media reports said.
SBI’s Basel III compliant Additional Tier 1 Bond Issuance
Mumbai: Public sector lender State Bank of India (SBI) raised Rs 5,000 crore on Thursday through its second Basel III compliant Additional Tier 1 bond issuance for the current financial year at a coupon rate of 8.34 percent.