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7 Public banks to meet Capital raise

NEW DELHI: In order to raise funds from the market to meet their capital needs today the government said it has limited fiscal space to recapitalize PSU banks. ” Financial Services Secretary Hasmukh Adhia told reporters that government doesn’t have space to give Rs 20,000 crore for capital infusion … If banks require further capital they have other means to ... Read More »

IFCI Limited to raise upto Rs. 790.813 crore through Public issue of Secured, Redeemable, Non-convertible Debentures

Tranche II Issue has opened for subscription on January 1, 2015 and is scheduled to close on February 4, 2015 with an option for early closure or extension by such period, as may be decided by the Board of Directors of the Company or the Board Committee subject to necessary approval. In the event of such early closure or extension of period of the Tranche ... Read More »

Power Mech Projects Limited Plans IPO

Hyderabad, October 30th 2014: Power Mech Projects Limited – a Hyderabad based company, has filed its Draft Red Herring Prospectus (DRHP) with the market regulator SEBI for its proposed IPO of 4,269,000 equity shares of face value Rs. 10 each at a price to be decided by the Book Building process. The offer comprises a fresh issue of 2,128,000 equity shares and an ... Read More »

EdTrIn prepares for stock market listing in Australia and Germany

Following the success of technology companies listing on the Australian National Stock Exchange (NSX), EdtrIn Group, the platform for online education, is preparing for listing on this exchange.  A recent Australian Financial Review article dedicated to new listing companies stated that EdTrIn ‘is expected to generate significant interest in the market’. Indeed, the listing in Australia has already been oversubscribed – with ... Read More »

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