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State-run Hindustan Aeronautics seeks $6.4 bn valuation via IPO

Manufacturing

13 March, 2018

State-run Hindustan Aeronautics seeks $6.4 bn valuation via IPO

State-run aerospace and defence firm Hindustan Aeronautics Ltd (HAL) is seeking a valuation of as much as Rs 41,464 crore ......

HDFC to pare 4% stake in mutual fund arm via IPO

Finance

13 March, 2018

HDFC to pare 4% stake in mutual fund arm via IPO

Housing Development Finance Corporation Ltd, India’s largest mortgage lender, will divest a 4% stake in its mutual fund arm through ......

ICICI Venture-backed KIMS Hospitals, road builder Patel Infra get SEBI nod for IPO

Finance

13 March, 2018

ICICI Venture-backed KIMS Hospitals, road builder Patel Infra get SEBI nod for IPO

Super-speciality hospital chain Krishna Institute of Medical Sciences Ltd (KIMS) and road construction company Patel Infrastructure Ltd have received regulatory ......

Bharat Dynamics IPO covered one-third on first day on institutional demand

Manufacturing

13 March, 2018

Bharat Dynamics IPO covered one-third on first day on institutional demand

The initial public offering of state-run defence equipment maker Bharat Dynamics Ltd almost touched the one-third subscription mark on the ......

Sensex, Nifty close flat; Tata Sons raises $1.39 bn by selling TCS shares

Markets

13 March, 2018

Sensex, Nifty close flat; Tata Sons raises $1.39 bn by selling TCS shares

The broader NSE Nifty closed little changed on Tuesday with losses in IT stocks such as Tata Consultancy Services offsetting ......

Export firm Nekkanti Sea Foods files for $115 mn IPO

Consumer

12 March, 2018

Export firm Nekkanti Sea Foods files for $115 mn IPO

Nekkanti Sea Foods Ltd, a Visakhapatnam-based seafood processing and exporting company, has filed a draft red herring ......

Tata Sons to sell TCS shares worth $1.25 bn

TMT

12 March, 2018

Tata Sons to sell TCS shares worth $1.25 bn

India's Tata Sons is set to sell on Tuesday a roughly 1.5 percent stake in its flagship Tata Consultancy Services ......

Premium
GTI Capital to score neat returns from Sandhar Tech IPO; cuts offer for sale size

Manufacturing

12 March, 2018

GTI Capital to score neat returns from Sandhar Tech IPO; cuts offer for sale size

India-focused private equity firm GTI Capital is set to make handsome returns from its partial exit in IPO-bound auto components ......

Sensex, Nifty jump nearly 2% higher amid global rally

Markets

12 March, 2018

Sensex, Nifty jump nearly 2% higher amid global rally

Indian shares jumped nearly 2 percent on Monday, in line with a global rally after the latest U.S. jobs report ......

Andhra Bank shares slump to 15-year low on fraud probe

Finance

12 March, 2018

Andhra Bank shares slump to 15-year low on fraud probe

Shares in the state-run Andhra Bank, already hurt by an industry-wide spillover of a huge scam in another lender, fell ......

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