Over 60 cos await SEBI nod for share sale worth Rs 50K cr

Finding the economy and markets back on the recovery path, more than 60 companies are looking to raise an estimated Rs 50,000 crore through sale of shares and awaiting the regulatory nod for the same.

Fortis opens Rs 997-cr rights issue

Hospital chain Fortis Healthcare`s
rights issue, through which the company intends to raise up to
Rs 997 crore, opened on Friday.

Petronet LNG likely to launch FPO or rights issue in 2011-12

The country`s largest Liquefied Natural Gas importer, Petronet LNG Ltd, may come out with a USD 100 million follow-up public offer or a rights issue in 2011-12 to part fund a 1,200-MW power plant, to be set up at Dahej in Gujarat.

Lloyds bank shares dive on reports of GBP 15 bn rights issue

Lloyds Banking Group`s share price fell sharply on Monday in reaction to reports that the state-controlled British lender planned to raise 15 billion pounds (17.6 billion euros, 25 billion dollars).