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Government approves Rs. 4,400 crore investment in ECGC Ltd. in 5 years to provide support to exporters as well as banks

Government approves Rs. 4,400 crore investment in ECGC Ltd. in 5 years to provide support to exporters as well as banks

🕔22:14, 29.Sep 2021

Capital Infusion and planned IPO to increase ECGC’s underwriting capacity up to ₹88,000 crore and propel additional exports of Rs. 5.28 lakh crore over a five-year period Will help create 59 lakh new jobs including 2.6 lakh in formal sector

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ECGC to get Rs 4,400 cr capital infusion over 5 year period

ECGC to get Rs 4,400 cr capital infusion over 5 year period

🕔21:30, 29.Sep 2021

New Delhi/Chennai, Sep 29  The Centre on Wednesday approved capital infusion of Rs 4,400 crore to the ECGC, formerly known as the Export Credit Guarantee Corporation of India, over a period of five years. The investments will be made from

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Paytm files for mega Rs 16,600 cr IPO with SEBI

Paytm files for mega Rs 16,600 cr IPO with SEBI

🕔15:22, 16.Jul 2021

Mumbai, July 16 One 97 Communications, the parent of Paytm has filed for an initial public offering (IPO) with the market regulator SEBI, with a target to raise around Rs 16,600 crore. In the draft red herring prospectus, the company said

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Zomato IPO subscribed 1.6 times, QIB portion fully subscribed

Zomato IPO subscribed 1.6 times, QIB portion fully subscribed

🕔17:58, 15.Jul 2021

Mumbai, July 15 The initial public offering (IPO) of online food delivery platform Zomato has been subscribed 1.6 times so far with healthy response from retail and institutional investors. Data on the BSE website showed that as of 3.05 p.m., the

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Ola raises $500 mn ahead of IPO

Ola raises $500 mn ahead of IPO

🕔07:45, 10.Jul 2021

New Delhi, July 10  Ola on Friday said that Temasek and Plum Wood Investment Ltd, an affiliate of global private equity fund Warburg Pincus have partnered with Ola founder Bhavish Aggarwal for a $500 million investment, as the ride-hailing platform

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Logistics firm Delhivery raises $277M, now valued at $3B

Logistics firm Delhivery raises $277M, now valued at $3B

🕔11:15, 31.May 2021

New Delhi, May 31  Ahead of its initial public offering (IPO) this year, supply chain services provider Delhivery has reportedly raised $277 million in its latest round of funding, taking its market valuation to nearly $3 billion. According to a

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Discord ends talks with Microsoft for its $10B acquisition deal

Discord ends talks with Microsoft for its $10B acquisition deal

🕔13:43, 21.Apr 2021

San Francisco, April 21  Popular online chat app Discord has reportedly ended talks with Microsoft for its $10 billion acquisition deal, The Wall Street Journal reported, as the company now aims to launch an initial public offering (IPO). Reports surfaced

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RailTel IPO fully subscribed in day 1

RailTel IPO fully subscribed in day 1

🕔07:12, 17.Feb 2021

Mumbai, Feb 17  The initial public offering (IPO) of RailTel has been fully subscribed in the the first day of the offering with strong demand from retail investors. Taking to Twitter, the Secretary for the Department of Investment and Public

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Indian Railway Finance Corp’s Rs 4,600 cr IPO opens next week

Indian Railway Finance Corp’s Rs 4,600 cr IPO opens next week

🕔19:59, 13.Jan 2021

New Delhi, Jan 13  The initial public offering (IPO) of Indian Railway Finance Corporation (IRFC), worth over Rs 4,600 crore, will open on January 18 and close on January 20. The price band of the IPO will be of Rs

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Delayed not dead: EESL plans Rs 5K cr IPO

Delayed not dead: EESL plans Rs 5K cr IPO

🕔17:35, 17.Jun 2020

New Delhi, June 17 Delayed by Covid-19 outbreak, the listing process o f power PSUs’ joint venture EESL is expected to commence by the end of the current or the start of next fiscal year. The ‘Super-Energy Service Company’ which was

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IRCTC eyes Rs 645 cr, IPO to open on Sep 30

IRCTC eyes Rs 645 cr, IPO to open on Sep 30

🕔08:19, 26.Sep 2019

Mumbai, Sep 26  State-run IRCTC’s initial public offering (IPO) will open on September 30 with a price band of Rs 315-320 per share to raise around Rs 645 crore. The issue comprised an offer for sale of 2,01,60,000 shares of

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Corporates raise about 10 times more funds via IPO in FY 2015-16

Corporates raise about 10 times more funds via IPO in FY 2015-16

🕔12:47, 31.Mar 2016

Mumbai, March 31  Corporates have raised about 10 times more funds at Rs.14,508.11 crore via Initial Public Offer (IPO) in the financial year 2015-16 compared to FY 2014-15, with 22 firms making their debut on the exchange platforms, the National

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