The total amount raised by companies through the qualified institutional placement (QIP) route in the first seven months of 2018 at Rs 15,963.39 crore is less than half the Rs 34181.52 crore raised in the same period in 2017.
The shares of ITC gained 5.24% on Friday after the company reported better-than-expected first quarter earnings.
ITC once again overtook Hindustan Unilever in terms of market capitalisation after two months.
Indian equities took a sound beating on Friday as fresh fears over political, regulatory and global developments spooked investors. Benchmarks Sensex and Nifty ended the day with losses of over 1.5% each.
The government in Union Budget 2017-18 announced the listing of shares of railway public sector enterprises (PSEs), IRCTC, IRFC and IRCON. For FY18 the government had set itself a disinvestment target of Rs 72,500 crore, but
Year 2017 turned out to be one of the best years for primary markets in India. Over Rs 67,000 crore were raised in the initial public offering (IPO) market by the Indian Inc. last year. The stellar performance by the Indian s
Public sector lender Bank of Baroda is expected to float its $1-billion qualified institutional placement (QIP) of shares in the next two-three weeks, sources with direct knowledge of the development said.
Around 637 or 38% of the 1,670 companies listed on the National Stock Exchange (NSE) will need to appoint at least one independent woman director if the recommendations of Uday Kotak panel on corporate governance are accepted
Companies and financial institutions have mopped up close to Rs 56,000 crore by way of fund-raising through equities so far in 2017. This is about 20% higher than the amount of Rs 46,733 crore raised in 2016.
The total amount raised by companies through the qualified institutional placement (QIP) route has hit nearly Rs 34,000 crore in the first half of 2017, a year in which the stock markets have hit new highs.
Investors who bet their savings on initial public offerings (IPOs) in the past few years have reason to cheer. Three-fourths of the companies — 48 of a total of 64 — which were listed between 2014 and now are trading abov
Liquor stocks have fallen in the previous seven sessions after Supreme Court on March 31 said there will be no liquor sale in hotels and restaurants or liquor outlets within 500 metres of the state and national highways