| Gemini Comm lines up Rs 180 crore | 17-NOV-09 |
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| Gemini Communication Ltd, a Chennai-based wireless networking and Wimax solutions company, has lined up Rs 150-180 crore for acquisitions and to expand its footprint overseas over the next three years. |
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| Bombay Rayon Fashions to raise funds via GDR | 11-NOV-09 |
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| Bombay Rayon Fashions is planning to raise funds through a GDR issue. In a communication to the exchanges, the company said that its board has approved issue of upto 1,90,00,000 Global Depository Receipts (GDRs) representing equivalent underlying equity shares at a par value of Rs 10 at an issue price of $ 5.11 per GDR. |
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| Kingfisher to raise $600 mn, mostly to pay off debt | 10-NOV-09 |
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| Kingfisher Airlines is planning to raise around $600 million worth of funds in the current financial year to pay off its debt and strengthen its bottom line, in the backdrop of a turbulent time for the country’s aviation industry. |
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| BAG Films board approves raising $30mn | 04-NOV-09 |
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| Delhi-based BAG Films and Media, a media and entertainment company, today stated that its board has apporved the raising of upto $ 30 million (about Rs 141 crore) through global depository receipts (GDR) or foreign currency convertible bonds (FCCB) or any other security in the international market. |
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| Karuturi Global to raise Rs 1,200 crore to expand agri biz | 03-NOV-09 |
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| Karuturi Global, better know as India’s largest rose exporter, is moving ahead with its plans to expand its agriculture export business from the fields of Ethiopia and the vertical may soon overtake rose exports revenues by the end of next fiscal. |
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| Capital inflows lessen external sector blues | 27-OCT-09 |
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| The second-quarter macroeconomic and monetary development report released by the Reserve Bank of India (RBI) said concerns on the external sector had receded with revival of capital inflows and a modest level of current account deficit. |
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| Axis to set up infra NBFC | 13-OCT-09 |
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| After recently venturing into mutual funds, Axis Bank on Monday announced that it plans to setting up a non-banking financial company (NBFC) to fund infrastructure activities. |
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| StanChart gets RBI nod for Rs 5,000-cr IDR issue | 11-OCT-09 |
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| UK-based lender Standard Chartered Plc (StanChart) was in the process of finalising the size and time of its Indian Depository Receipt (IDR) issue, after having secured the approval of the Reserve Bank of India (RBI), sources said. |
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| UTV Software to raise $150 million | 10-OCT-09 |
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| Media and entertainment firm UTV Software Communications today said it would raise $150 million (nearly Rs 750 crore) through various channels to meet its growth plans and retire debt. |
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| RIL stock rises in grey market, GDRs gain too | 08-OCT-09 |
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| The grey market — or dabba trading — for equities became active in Gujarat, Rajasthan, Delhi and Maharashtra immediately after the country’s top private sector company, Reliance Industries Ltd (RIL), announced a 1:1 bonus issue and a 130 per cent dividend. |
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