SEBI notifies 'fast-track' route for share sales

To boost fund raising from markets, SEBI Tuesday notified new norms, which will provide all listed companies a 'fast-track' route for share sales.

Govt looking at enhancing capital allocation for PSBs: Jaitley

Government is examining the possibility of suitably enhancing the capital allocation for public sector banks (PSBs) during this fiscal, Finance Minister Arun Jaitley has informed the Rajya Sabha.

Companies raised Rs 39,000 cr via equity markets in 2014; QIPs dominate

This is lower compared to the quantum of funds mobilised via equity market at Rs 45,440 crore in 2013.

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.

Power Grid lists fresh equity; share price falls in early trade

State-owned Power Grid Corp on Thursday said it would utilise the proceeds worth about Rs 5,400 crore from the follow-on public offer towards 27 transmission projects.

PowerGrid's Rs 7,083 cr FPO opens Tuesday

Power Grid Corporation of India Ltd (PGCIL), which expects to raise Rs 7,083 crore through the follow-on public offer - to hit the market Tuesday - plans to utilise the proceeds partly to fund its 27 transmission line projects worth over Rs 48,354 crore.

EIL files draft prospectus with Sebi to sell 10% stake via FPO

State-run Engineers India Ltd (EIL) Friday filed a draft prospectus with market regulator Sebi to divest 10 percent stake through Follow-on Public Offer (FPO), which may fetch Rs 470 crore to the exchequer.

DLF likely to pare stake via FPO by June

Realty major DLF Friday said it is likely to bring a follow-on public offer (FPO) before June to dilute promoters' stake to 75 percent as per market regulator Sebi's guidelines.

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.

Indian Bank may tap capital market next fiscal

State-owned Indian Bank on Monday said it may come out with follow-on public offer (FPO) next fiscal if market conditions are conducive.

Hopeful of meeting govt divestment target: Gopalan

The government is still hopeful of meeting the share sale target of Rs 400 billion (USD 8.2 billion) budgeted for the current fiscal year that ends in March, economic affairs secretary, R Gopalan, said on Wednesday.

Indian Bank defers FPO plan for now

State-run Indian Bank has deferred its plan of launching a follow-on public offer (FPO) due to poor market conditions, a top bank official said today.

SAIL FPO deferred due to market volatility: Govt

State-run Steel Authority of India's (SAIL) much awaited follow-on public offer, tentatively scheduled for June this year, was deferred on account of stock market volatility, the Parliament was informed Tuesday.