State Bank of India plans to raise Rs 500-crore via perpetual bonds, a senior bank official said.
In the comparable period, the banking group had a loss of 827 million pounds.
Shares of biggest private sector power firm Tata Power dropped 5.35 pct to a low of Rs 1,218.
Asked about the projected size of the IPO, Korde said the company will issue 9,429,750 equity shares in the process…
Coal India sought a hike in coal prices on the back of a decline in its retained earnings.
The rupee fell 0.4% to 47.695 dollar at the close of Thursday closing. The currency may decline to 47.80 in…
Bond yields edged up on Wednesday on supply concerns, while upbeat data from the European services sector kindled hopes the…
Reliance Industries’ prolific gas field in Bay of Bengal cannot sustain at a ‘lower’ gas price of USD 2.40 per…
Tata Steel would channelise 50 per cent of its iron ore and coking coal to Corus by 2015.
BSNL’s revenue arrears for 2007-08 have touched Rs 7,482.81 crore, out of which Rs 4,226 crore may or may not…
Religare acquired London-based Hichens, Harrison & Co, in 2008 before renaming the company.
In 2010-11, IOC would buy 1.5 million tonnes of the crude oil from the nation’s most prolific oil discovery in…
Tata Steel said it witnessed a 18 per cent rise in its sales to 4.78 lakh tonnes in July.
Engineering firm Punj Lloyd said it will raise Rs 670.18 crore by private placement of shares.
Global hospitality company Hyatt Hotels said it plans to raise up to $1.15 bn through IPO.
Companies expect a ?resume tsunami? to hit them when the recovery begins, a survey by global consultancy Deloitte says.
In a bid to attract subscribers of rival companies, state-run telecom operator BSNL is gearing up to start mobile number…
The company hopes to resume operations in three-four months and its management is working with lenders on restructuring the firm.
