The Bombay Stock Exchange, or the BSE, the country’s second-largest stock exchange, said today it is planning to hit the market via an Initial Public Offering (IPO) on January 23 to 25. Analysts and bankers suggest that the listing would raise an amount ofRs 1,350 crore or $198 million.More than 300 shareholders in the BSE, including Singapore Exchange and a …

After much hue and cry from the public regarding the ban on 500 and 1000 rupee notes by the Central government last night, today at the closing of Sensex, share prices of DLF, HDIL, IndiaBulls, Oberoi Realty, Prestige, etc. witnessed a slope down by its respective percentages. Real estate section hit the worst as 500 and 1000 rupee notes got …

In a recent event, Piramal Enterprises raised huge funds amounting Rs. 1000 crores in one or more tranches under the Shelf Disclosure Document dates a few months back. The announcement was made at the Meeting of the Administrative Committee held on July 19, 2016. It allotted 150 Secured Redeemable Non-Convertible Debentures (NCD) carrying a Face Value of Rs. 10 lakhs thus …

State Bank of India’s net profit for the end of quarter or Q4 has sloped down by 66% closing at Rs. 1,264 crores due to providing bad loan reference. A differentiation of 143% in total fall-out was the final call for the government owned bank in the market this FY. The net income held at 15,291 crores INR in the …