Flying high: IndiGo get SEBI nod for Rs 2,500-crore IPO

Last Updated: Monday, September 14, 2015, 23:01

Under the offer, the company plans to issue fresh shares worth Rs 1,272 crore. An equivalent amount can be raised through sale of up to 3.01 crore shares by its existing shareholders.

For 3rd time in 10 months, PESB fails to find new Oil India CMD

Last Updated: Thursday, September 10, 2015, 17:57

The Public Enterprise Selection Board (PESB) on Wednesday interviewed ten candidates, including the firm's Director (Finance) Rupshikha Saikia Borah, to select a new Chairman and Managing Director of OIL.

PAC to submit its report on 2G scam

Last Updated: Monday, September 7, 2015, 19:36

The 2G radiowave allocation scam is set to hog the limelight again as Public Accounts Committee has decided to submit its report on the controversial issue to Parliament based on the "in depth" discussions held by the panel then headed by Murli Manohar Joshi.

Greece raises 1.4 bn euros in six-month treasury bill sale

Last Updated: Wednesday, September 2, 2015, 18:49

Greece raised Wednesday 1.137 billion euros ($1.280 billion) in an auction of six-month treasury bills at the same 2.97 percent interest rate it last sold them at last month, the Greek Public Debt Management Agency said.

RTGS facility will not operate on 2nd, 4th Saturdays: RBI

Last Updated: Tuesday, September 1, 2015, 18:45

The RTGS system, which allows real time transfer of large funds, will not be operated on second and fourth Saturdays with banks observing public holiday on that days, the Reserve Bank said Tuesday.

Matrix Cellular gets SEBI's go-ahead to launch IPO

Last Updated: Monday, August 31, 2015, 19:28

International SIM card provider Matrix Cellular has received capital markets regulator SEBI's approval to float an initial public offer (IPO).

L&T wins Rs 1.5k cr water supply project

Last Updated: Monday, August 31, 2015, 12:34

Larsen & Toubro on Monday said it has won a turnkey order for Rs 1,489 crore water supply project from Public Health Engineering Department, Ajmer.

FinMin says no plan to take general insurance companies public

Last Updated: Sunday, August 30, 2015, 13:19

The new Insurance Act allows the government to disinvest its stake in five general insurance companies -- New India Assurance, United India Insurance, National Insurance, Oriental Insurance and sole reinsurer GIC Re.

Greek privatisations to go ahead: outgoing economy minister

Last Updated: Wednesday, August 26, 2015, 21:39

"The agreed arrangements have been agreed and will be applied," Georges Stathakis told reporters in answer to a question on the planned privatisation of Piraeus port, the national railway company and a string of other ports and airports.

SEBI eases norms for anchor investors in public offers

Last Updated: Tuesday, August 25, 2015, 00:17

With an aim to boost fund raising through primary markets, capital markets regulator SEBI Monday approved relaxed norms for public offers by removing restriction on maximum number of anchor investors.

Banks seek shareholders' nod for Rs 5,934-crore capital infusion

Last Updated: Saturday, August 22, 2015, 22:33

Four public sector banks, including PNB and BoB, Saturday sought shareholders' approval for capital infusion of Rs 5,934 crore by issuing preferential shares to the government.