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Austrian far-right leader Norbert Hofer concedes defeat in presidential polls

Austrian far-right leader Norbert Hofer concedes defeat in presidential polls

"I am infinitely sad that it didn't work out," Reuters quoted Hofer as saying in a Facebook post after the polls ended.

Retail investors to get greater pie in next PSU disinvestments

Government has decided to double the quota reserved for retail investors to 20 percent for the forthcoming stake sales in bluechip companies like ONGC and Coal India.

Sebi to float discussion paper on reducing FPO time line

To elicit views from diverse stakeholders, capital market regulator Sebi will come out with a discussion paper on reducing the time line for follow-on public offers.

FinMin hikes retail investor quota in OFS to 20%

Under the OFS mechanism, at present a minimum of 25 percent of the shares offered are reserved for mutual funds and insurance companies.

PSU banks to hit market after Oct to raise capital: Sandhu

Government shareholding in various banks varies between 56.26 percent to 88.63 percent.

DoD for OFS route for disinvestments, want hike in retail quota

The OFS is the most preferred route for stake sale and has evoked good response from investors and hence the government has decided to stick to it, sources said.

LIC buys 4.66% stake in BHEL for Rs 1,889 cr

Life Insurance Corporation has bought shares worth Rs 1,889 crore, about 4.66 percent stake, in state-owned power equipment maker BHEL through an open market transaction.

EIL share sale subscribed 1.61 times

The government's 10 percent share sale in Engineers India Ltd (EIL) was subscribed 1.61 times on fourth day Tuesday with the portion reserved for retail investors getting fully bid.

Engineers India FPO gets lukewarm response on Day 1

Government's 10 percent share sale in Engineers India through follow-on-public offer route received lukewarm response on the first day of issue today.

Engineers India FPO to hit market on Feb 6

The follow-on public offer (FPO) of Engineers India Ltd (EIL) will hit the capital market on February 6, a top official said.

CCEA likely to take up Power Grid FPO this week

The Cabinet Committee on Economic Affairs may this week take up Power Ministry's proposal of follow-on public offer of state-run Power Grid Corporation, which is expected to mop up close to Rs 8,000 crore.

Sebi cuts down paper-load for public offer documents

Sebi on Wednesday asked the companies to give them an abridged prospectus for IPOs and FPOs with key information only, while providing generic details in a separate document.

Indian Bank may raise capital through FPO next fiscal

Indian Bank may come out with a follow-on public offer (FPO) next fiscal if market conditions improve, a top official said.

SBI to consider fund raising through FPO, QIP next fiscal

Country's largest lender State Bank of India Sunday said it would explore the possibility of raising capital through a public offer or from institutional investors next fiscal even as it is getting Rs 7,900 crore support from the government by end of this month.

Not a single issue hit the primary markets in Oct

The quantum of funds raised by India Inc through initial public offers and rights issues fell to zero in October this year as not even a single issue hit the market in the month.

ONGC FPO date after appointment of independent directors

BHEL, which has already filed draft papers with Sebi on September 30 for Rs 4,000 crore FPO, needs two more independent directors on board.

BSE reports record F&O turnover of Rs 1,600 cr

The leading stock exchange BSE on Thursday achieved a record daily turnover of about Rs 1,600 crore in its derivatives segment, helped by a slew of positive measures taken to boost futures and options trading on its platform.

22% decline in public issue mop-up in H1, FY'12, to Rs 9,582 crore

Indian companies raised Rs 9,582 crore through public issues in the first half of the current fiscal, a decline of 22 percent vis-a-vis the corresponding year-ago period, primary market tracking firm Prime Database Tuesday said.

Govt refuses to fix timeframe for much-delayed SAIL FPO

Amid volatility in the stock markets, the government Friday refused to give a timeframe for the much-delayed share sale of state-run SAIL, while expressing hope that the FPO of the Maharatna company would happen in the current fiscal.

ONGC may file RHP for FPO by early next month

State-owned Oil and Natural Gas Corp (ONGC) may file papers for a Rs 12,000 crore share sale by early next month, a senior company official said Tuesday.