LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said Life Insurance Corporation of India (LIC) has saved the day for the Rs 4,200......
Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms The decision of Hindustan Aeronautics (HAL) and Bharat Dynamics, both......
Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline. Illustration: Uttam Ghosh/Rediff.com Seventeen companies have raised Rs......
The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company to 75 per cent. The government plans to sell about 15-20......
Weakness in the broader markets, along with expensive valuations that these companies had commanded during their IPOs, has led to this fall Illustration: Uttam Ghosh/Rediff.com Several newly listed......