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Cos to raise Rs 60,000 cr via stake sale this year: Crisil

Last Updated: Monday, July 07, 2014, 19:33

Rating agency Crisil expects companies to raise at least Rs 60,000 crore through stake sale in the current fiscal, prompted by buoyant market condition.

Anil Ambani-led Reliance Group crosses Rs 1-trillion m-cap

Last Updated: Sunday, July 06, 2014, 15:38

Reliance Communications last week raised Rs 4,800 crore through a placement of shares with qualified investors.

Nearly 1,800 new companies were set up in May

Last Updated: Sunday, July 06, 2014, 12:12

Data from the Corporate Affairs Ministry showed that 1,789 new companies were registered in the country in May 2014.

Sun-Ranbaxy deal pushes domestic H1, M&As jump 22%

Last Updated: Thursday, July 03, 2014, 17:39

Domestic M&As stood at USD 10.1 billion, up 295.9 per cent compared to the first half of 2013.

Indian cos raise Rs 1,400 cr via NCDs in Apr-Jun qtr of FY'15

Last Updated: Thursday, July 03, 2014, 17:33

Indian companies mopped up over Rs 1,400 crore via retail issuance of non-convertible debentures in the first quarter the current fiscal, primarily to meet the working capital requirements.

Hike in LPG rates to affect only 1% of consumers: Govt

Last Updated: Thursday, July 03, 2014, 16:48

Days after the price of non-subsidised cooking gas (LPG) was hiked by Rs 16.50 per cylinder, the government Thursday said the increase will impact less than 1 percent of the consumers.

SC directs BSES Yamuna to pay power dues before July 15

Last Updated: Thursday, July 03, 2014, 14:29

The Supreme Court on Thursday directed BSES Yamuna Pvt Ltd to pay its outstanding dues for the January to June period to power generating and transmission companies before July 15.

PE investments decline 28% to $1.94 bn in Apr-Jun qtr

Last Updated: Wednesday, July 02, 2014, 21:16

Private equity (PE) investments in the April-June quarter dropped 28 percent to USD 1.94 billion due to various uncertainties including those related to the new companies law, says a report.

BSE to shift 15 firms to restricted segment from July 9

Last Updated: Wednesday, July 02, 2014, 21:07

Leading bourse BSE Wednesday decided to shift stocks of 15 firms to the restricted trading category for not complying with listing agreement rules, from July 9.

Losses on diesel more than double to Rs 3.40 a litre

Last Updated: Tuesday, July 01, 2014, 20:05

With escalating violence in Iraq spooking international oil markets, losses on the sale of diesel have more than doubled to Rs 3.40 a litre even after monthly price increases.

Moody's expects govt to reduce fuel subsidy bill

Last Updated: Tuesday, July 01, 2014, 19:44

Rating agency Moody's expects the government to reduce its fuel subsidy bill through a gradual process that in turn will lead to higher product prices and prove credit positive for oil marketing companies.

Pvt non-financial firms' profit rise by 10.3% in Jan-Mar

Last Updated: Tuesday, July 01, 2014, 19:33

Total profit of private non-financial companies rose by 10.3 percent year-on-year to Rs 50,900 crore in the January-March quarter of 2013-14, according to the RBI data released Tuesday.