Ankit Doshi
TMT
State-run ITI scraps follow-on offering after failing to get enough bids
State-run telecom equipment maker ITI Ltd has cancelled its follow-on public offering after failing to attract enough investors despite cutting ......
Consumer
Sequoia eyes complete exit as Stove Kraft refiles for IPO
Sequoia Capital-backed kitchen appliances maker Stove Kraft Ltd has refiled its draft prospectus with the Securities and Exchange Board of ......
Finance
Is Everstone still hitting benchmark returns from Indostar partial exit?
Private equity firm Everstone Capital, which will cede majority ownership in non-bank lender Indostar Capital Finance Ltd, is poised to ......
Markets
EaseMyTrip, Puranik Builders, two others get SEBI nod for IPO
New Delhi-based online travel company Easy Trip Planners Ltd, Thane-based developer Puranik Builders Ltd and two other companies have received ......
Finance
Budget 2020: Govt to sell stake in LIC, doubles disinvestment target
The government has doubled its disinvestment target for the next fiscal year to Rs 2.1 trillion (about $29.36 billion) to ......
Markets
Budget 2020: Sensex, Nifty slump as Sitharaman leaves investors disappointed
Indian stocks slumped in the special trading session on Saturday as finance minister Nirmala Sitharaman’s budget for the next financial ......
TMT
ITI extends follow-on share sale period for second time
State-run telecommunications equipment maker ITI Ltd has extended its follow-on public offering (FPO) by three more days, stretching the period ......
Economy
Economic Survey takes a cue from Temasek to push disinvestment
The Indian government should weigh the possibility of creating a corporate entity akin to Singapore state investment firm Temasek Holdings ......
TMT
ITI finds few takers for follow-on offering despite price cut, date extension
State-run telecommunications equipment maker ITI Ltd didn’t receive any substantial bids for its shares in its follow-on public offering even ......
Finance
Shriram Group expands stock broking business with an acquisition
Chennai-based Shriram Group is acquiring a securities broking company in a deal that will help the financial services conglomerate expand ......