State Bank of India (SBI) is planning for raising up to Rs 5,000 crore through issue of Basel III compliant Tier 2 bonds in USD/INR to overseas and/or Indian investors during FY19, through a public offer / private placement. The meeting of the Central Board of the Bank is scheduled to be held on October … Read more
Satin Creditcare Network is planning to issue Non-Convertible Debentures (NCDs) up to the amount of Rs 40 crore through Private Placement. The meeting of Working Committee of the Board of Director of the company is scheduled to be held on October 18, 2018, to consider the same. Satin Creditcare Network is one of the largest … Read more
Punjab National Bank is currently trading at Rs. 68.40, up by 1.25 points or 1.86% from its previous closing of Rs. 67.15 on the BSE. The scrip opened at Rs. 67.80 and has touched a high and low of Rs. 68.55 and Rs. 67.80 respectively. So far 127775 shares were traded on the counter. The … Read more
Hathway Cable and Datacom is planning to raise funds by issuance of equity shares through one or more methods including further public issue/ ADR/GDR/qualified institutional placement / preferential issue. The Board of Directors of the company at its meeting to be held on October 17, 2018 will consider and approve the same. Hathway Cable and … Read more
Den Networks is planning to raise funds inter alia by issuance of equity shares through one or more methods including further public issue / ADR / GDR / qualified institutions placement / preferential issue. The meeting of the Board of Directors of the company is scheduled to be held on October 17, 2018, to consider … Read more
Mahanagar Telephone Nigam (MTNL) is reportedly planning to come-up with 4G data services on the 1,800 Mhz and 2,100 Mhz spectrum in New Delhi and Mumbai, for which it has sought government’s approval for issuance of preferential capital worth Rs 6,292 crore. MTNL was set up by the Government of India to upgrade the quality … Read more
Bharat Gears has lined up the source of funds through Rights Issue of Equity Shares up to Rs 15 crore, Term Loan of Rs 35 crore from KKR India Financial Services for which sanction letter has been obtained and remaining Rs 10 crore from the internal accruals, in order to meet out the capital expenditure … Read more
