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City Union Bank appoints sub-committee on rights issue
The board of private sector lender City Union Bank has decided to appoint a sub-committee on its proposed Rs 400 crore rights issue.
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Muthoot Finance to institute ESOP
Muthoot Finance Ltd today said it has drawn up plans to institute an Employee Stock Option Plan for its employees by next financial year.
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Will current upswing in markets bring good tidings for IPOs?
The validity for nine IPOs, which aim to raise about Rs 3,950 crore, would expire by March. The market downturn last year had hit IPOs hard.
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Edelweiss, Japan's SBI Holdings to launch $100-million fund EW SBIH Crossover...
Edelweiss Financial Services has tied up with Japan?s SBI Holdings to launch an alternative asset management fund. The $100-million fund.
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Essar Group plans overseas listing for Aegis
Essar Group is finalising plans to sell part of its holdings in Aegis, its back office services venture, through an initial public offering.
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Bhushan Steel to raise up to Rs 700 crore through rights issue
Bhushan Steel today said it plans to raise up to Rs 700 crore by April through a rights issue to part-finance its ongoing expansion projects.
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Micromax, Pride Hotels among IPOs expired in Jan 2012
Four IPOs, including that of Micromax Mobiles and Pride Hotels, have expired in January 2012, Tara Jewels and Betul Oil being the other two.
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Lok Capital closes second fund at $65 million
Lok Capital closed its second fund, Lok Fund II, at $65 million, the Mumbai-based impact investment-focused venture capital fund announced on Wednesday.
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Jaypee Development Corporation to launch open offer for Andhra Cements shares...
Jaypee Development Corporation will launch an open offer for acquisition of 7.63 crore shares of Andhra Cements at Rs 12 apiece tomorrow.
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IPO aspirants may take cue from Palco Recycle, move SAT over issue delays
Several firms may knock on the doors of the Securities Appellate Tribunal (SAT), a quasi judicial body, to decide the fate of their IPOs which have been hanging fire for months.
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Government may come out with RINL, NBCC public issues by March end
The govt plans to come out with two initial public offers-- RINL and NBCC-- to raise about Rs 3,000 cr in the current fiscal.
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IPO market likely to do better in 2012: ICICI Securities
After a dull 2011, IPO market in the country is likely to be better in the current calendar year on the back of an easing interest rate environment.
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Reliance Communications plans $1.5 bn from IPO of undersea cable unit: Report
The debt-laden company is planning to list the unit as a business trust and may sell 75% of its stake in the planned IPO, said the source.
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Vodafone India sets ball rolling for IPO, appoints NM Rothschild
UK-based telecom major Vodafone has moved a step further to list its India operations by roping in investment bank NM Rothschild to assist the listing plans.
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Vishwanath Sugar and Steel files for Rs 3.74 billion IPO
Vishwanath Sugar and Steel Industries Ltd said on Monday it filed for an initial public offering to raise 3.74 billion rupees ($72 million).
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ING Groep NV drops EurAsia business IPO plans
Dutch financial services major ING Groep NV today said it has dropped plans to bring an initial public offering.
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Short on investor goodwill, Goodwill Hospital withdraws its public offering
Healthcare services provider Goodwill Hospital and Research Centre has withdrawn its initial public offer after keeping the book open for seven days.
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Crisil Research reaffirms 5/5 grade to MCX IPO
CRISIL Research has reaffirmed CRISIL IPO grade of ?5/5? to the proposed initial public offer of Multi Commodity Exchange of India (MCX).
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Goodwill Hospital IPO withdrawn due to poor response
The initial public offering of Goodwill Hospital and Research Centre has been withdrawn by the promoters due to poor response from investor community.
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Sistema holds back IPO,may look at it after new telecom policy
Volatile market conditions has forced Sistema-Shyam to postpone its proposal to enter the capital market through an IPO.
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China's IPO market the world's biggest in 2011 despite slump
China remained the world's biggest IPO market in 2011, even as total funds raised slumped from the previous year due to global slowdown.
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Two out of every three IPOs that hit market in 2011 offering negative returns...
The performance of many IPOs was affected badly, with two out of every three issues that hit the market in 2011, offering negative returns to investors.
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No quick relief in sight for ailing IPO market
The performance of many IPOs was affected badly, with two out of every three issues that hit the market in 2011, offering negative returns to investors.
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Not a single issue hit the primary markets in November: Sebi
Reflecting the damp market mood, India Inc kept off public offers and rights issues in November, as not even a single issue hit the market for the second consecutive month.
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Tough IPO market drives deals between private equity funds
KPMG figures $95 bn in maturing Indian PE investments made during the bull market years of 2006-2008 will come up for sale over the next three years.
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