Markets
General
PE-backed Magma Fincorp to raise $13M afresh to augment Tier II capital
Kolkata-based non banking finance company Magma Fincorp is looking to raise Rs 70 crore ($ 13 million) through an issue ......
General
Sebi aims to insulate retail investors from loss if share price tanks within 3 months of IPO
Market watchdog Sebi has proposed a ‘safety-net’ provision for hedging the downside risk of a retail shareholder who has invested ......
General
RBS buys 6.8% of SKS Microfinance for $10.8M
Royal Bank of Scotland has picked 6.8 per cent stake in SKS Microfinance, country’s erstwhile largest microfinance firm in a ......
TMT
Rakesh Jhunjhunwala ups stake in Godrej Group firm Geometric
Indian equity investor Rakesh Jhunjhunwala has acquired 4.5 per cent additional stake in Mumbai-based engineering solutions firm Geometric Ltd from ......
TMT
Bharti Infratel files for mega IPO; Temasek, Goldman Sachs, others part-exiting
Bharti Airtel Ltd’s tower subsidiary, Bharti Infratel, has filed its draft red herring prospectus for its public issue that would ......
General
Religare Finvest looks to raise $45M through NCDs
Religare Enterprises’ NBFC arm led Religare Finvest joins PE-backed gold loan firm Muthoot Finance and Shriram City Union Finance to ......
Manufacturing
Union Govt to divest 10% stake in NMDC
In what seems to be a desperate measure by the Department of Disinvestment in the finance ministry, the Centre has ......
Manufacturing
Amtek India raises $70M through FCCBs
Auto component-maker Amtek India Ltd has raised $70 million (Rs 390 crore) through foreign currency convertible bonds (FCCBs), as per ......
TMT
PE-backed GSS Infotech to raise up to $20M
GSS Infotech Ltd (formerly GSS America Infotech Ltd), a Hyderabad-based company focusing on enterprise applications integration and infrastructure management services, ......
TMT
Just Dial re-files for IPO to give investors exit
Mumbai-based Just Dial Ltd, which runs an India-specific local business listings site, has re-filed for an initial public offering (IPO) ......
