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initial public offering

State-run Mazagon Dock's IPO sails through on day one

Manufacturing

29 September, 2020

State-run Mazagon Dock's IPO sails through on day one

The initial public offering (IPO) of state-run warship maker Mazagon Dock Shipbuilders Ltd successfully sailed through on the first day ......

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

General

16 September, 2020

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......

Route Mobile IPO subscribed over 70 times on final day

Markets

11 September, 2020

Route Mobile IPO subscribed over 70 times on final day

Messaging and voice application programming interface company Route Mobile Ltd received a stellar response to its initial public offering (IPO) ......

Grapevine: RIL may buy Future retail biz for $3.6 bn; LIC shortlists bankers for pre-IPO

General

28 July, 2020

Grapevine: RIL may buy Future retail biz for $3.6 bn; LIC shortlists bankers for pre-IPO

Reliance Industries Ltd (RIL) may acquire Future Group’s retail business for up to Rs 27,000 crore ($3.6 billion), two people ......

Grapevine: Indiabulls Housing Finance to sell loans; Mindspace REIT IPO soon

General

17 July, 2020

Grapevine: Indiabulls Housing Finance to sell loans; Mindspace REIT IPO soon

Indiabulls Housing Finance is in talks with Deutsche Bank, Oaktree Capital, Brookfield and SSG Capital, among others, to sell its ......

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JPMorgan PE fund to score stellar returns in IPO by Ashok Soota's Happiest Minds

TMT

16 June, 2020

JPMorgan PE fund to score stellar returns in IPO by Ashok Soota's Happiest Minds

JPMorgan Partners will walk away with stellar returns after fully exiting its five-year investment in a software services provider, in ......

Fairfax-controlled CSB Bank's IPO covered over four times on Day 2

Finance

25 November, 2019

Fairfax-controlled CSB Bank's IPO covered over four times on Day 2

The initial public offering (IPO) of CSB Bank Ltd continued to see investor demand on the second day of its ......

SoftBank-backed WeWork halts new lease pacts with property owners amid widening losses

Infrastructure

27 September, 2019

SoftBank-backed WeWork halts new lease pacts with property owners amid widening losses

WeWork is halting all new lease agreements with property owners as the U.S. office-sharing startup looks to curtail costs, the ......

Grapevine: Axis Bank to raise over $2 bn; Utkarsh Small Finance Bank plans IPO

General

19 September, 2019

Grapevine: Axis Bank to raise over $2 bn; Utkarsh Small Finance Bank plans IPO

Axis Bank is planning to raise more than Rs 14,000 crore (about $2 billion at current exchange rate) in a ......

ONGC considers taking full control of western India petrochemical project

Infrastructure

11 September, 2019

ONGC considers taking full control of western India petrochemical project

India’s Oil and Natural Gas Corp Ltd plans to buy out the rest of a western Indian petrochemical project it ......