Page 13 - Fund Raising

Despite odds, fund raising via equity issues jumps 28% in Apr-Sep

The fund raising through public and rights of issue of equities increased nearly 28 per cent to Rs 76,830 crore during the first half of financial year 2020-21

HNIs tap new ways to protect debt investments amid record fund raising

Many are looking at covenants previously available only to institutions, such as first loss default guarantees. Covered bonds also gaining in popularity

Fund raising by corporates up 64% to Rs 1.1 trillion in August

Companies garnered more than Rs 1 trillion from the capital markets in August, a surge of 64 per cent from the preceding month

Sebi notifies new rights issue rules, rationalises eligibility, disclosures

Markets regulator Sebi has notified new rights issue rules to rationalise the eligibility criteria and disclosure requirements to make fund raising easier, faster and cost-effective

Sebi rationalises eligibility criteria, disclosure norms for rights issue

Sebi has decided to amend ICDR (Issue of Capital and Disclosure Requirements) Regulations to this effect, the regulator said in a statement.

Union Bank plans to raise Rs 2,000 crore by issuing Tier-II bonds

The bank also has flexibility to raise additional equity from the market, with government stake at 89.1 per cent as of June 30

Zomato raises Rs 456 cr from Temasek subsidiary MacRitchie Investments

Business Standard had earlier reported in August that the Bengaluru-based company was planning to raise capital from MacRitchie by allotment of 15,188 shares

Here's why analysts choose IndiGo over SpiceJet for the long haul

Despite the Covid-19 pandemic, analysts say the Indian aviation sector holds promise from a long-term perspective and that the macro-economic factors remain conducive

Kesoram board okays fund raising up to Rs 2,000 cr to replace existing debt

The funds could be raised by way of equity, or debt including NCDs, preference shares and also rights issue or preferential allotment or a combination

Manappuram Finance board approves plan to raise Rs 500 cr via bonds

Non-banking financial company Manappuram Finance on Tuesday said it will raise up to Rs 500 crore by issuing bonds on a private placement basis

Fund raising through rights gains currency following RIL mega issue

Regulatory tweaks aid momentum, with half a dozen firms launching or are in the process of issuing fresh equity shares through this route over the past month

IRB infra raises Rs 150 crore via NCDs on private placement basis

Dilip Buildcon, in a separate filing, said it has raised Rs 200 crore via NCDs

PNB says board will consider a proposal to raise capital on July 9

Besides, the board will clear opening balance sheet of the amalgamated bank as on April 1

Sequoia raises $1.35 billion to invest in India, Southeast Asia startups

Sequoia India now operates seed, venture and growth funds, a structure that allows Sequoia to remain a relevant partner for founders at all stages of their journey

Jio fundraising tops Rs 1 trillion as TPG, L Catterton invest Rs 6,441 cr

The valuation of the deals is in line with recent transactions pegging Jio's equity value at Rs 4.91 trillion and enterprise value at Rs 5.16 trillion

TPG to invest Rs 4,547 cr; Jio Platforms fund raising crosses Rs 1 trillion

This is the eighth deal announced by RIL in the last two months

State Bank of India plans to raise up to $1.5 bn via overseas bonds in FY21

The lemder raise funds from global markets on a regular basis for lending operations and to repay financial instruments maturing during the year

Fundraising via corporate bonds shrinks 1.1% in FY20 as firms favour ECBs

The dip was also due to low demand for investment, as capacity utilisation remained stagnant in the Indian economy

NTPC to raise Rs 4,374.10 crore via bonds to fund capex, refinance loans

The proceeds will be utilised for funding of capital expenditure, refinancing of existing loans and other general corporate purposes, the company said in a regulatory filing

YES Bank board clears Rs 5,000 cr capital raising plan in multiple tranches

Strategic plan to factor in Covid-19 impact