With Food Corporation of India (FCI) stopping the supply of concessional rice for blending with ethanol, oil-marketing companies (OMCs) have decided to increase the price of ethanol produced from damaged foodgrain (DFG) by Rs 4.75 per litre and that from maize by Rs 6.01 per litre for the remaining period of the 2022-23 ethanol… Continue reading Oil-marketing companies raise prices of ethanol from maize, damaged food
Tag: raise
Realtors body raise concern over hike in registration charges in Tamil Nadu
A real estate body on Saturday raised concerns over the Tamil Nadu government’s decision to levy 9 per cent apartment registration charges as it would have adverse consequences on potential homebuyers. Following the hike, the registration revenue to the exchequer would decline, Confederation of Real Estate Developers’ Association of India (CREDAI), Chennai said.… Continue reading Realtors body raise concern over hike in registration charges in Tamil Nadu
Shah made an election speech, Oppn not allowed to raise issues: Chowdhury
Union Home Minister Amit Shah (Photo: PTI) The opposition on Thursday walked out of Lok Sabha before the voting on the Delhi services bill, accusing Home Minister Amit Shah of making an election speech and alleging that it was not allowed to raise some issues. Speaking to reporters, Leader of the Congress Adhir… Continue reading Shah made an election speech, Oppn not allowed to raise issues: Chowdhury
Aeroflex Industries gets Sebi’s clearance to raise money through IPO
Stainless steel flexible hose manufacturer Aeroflex Industries Ltd has received capital markets regulator Sebi’s go ahead to raise funds through an initial share-sale. The initial public offering (IPO) consists of a fresh issue of equity shares worth up to Rs 160 crore and an offer-for-sale (OFS) of up to 1.75 crore equity shares… Continue reading Aeroflex Industries gets Sebi’s clearance to raise money through IPO
Jhunjhunwala-backed Concord Biotech eyes to raise Rs 1,550 cr through IPO
Ahmedabad-based Concord Biotech, makers of fermentation-based bulk drugs, is aiming to raise between Rs 1,475.26 crore and Rs 1,550.59 crore from an initial public offering (IPO) set to open on Friday. Rakesh Jhunjhunwala-backed Concord Biotech Ltd has fixed a price band between Rs 705 and Rs 741 a share. The public issue of… Continue reading Jhunjhunwala-backed Concord Biotech eyes to raise Rs 1,550 cr through IPO
Go first looking to raise more funds, resume services with fewer aircraft
Go Airlines India Ltd, the entity that operates Go First Airlines is looking to collect around Rs 600-700 crore and begin its services with fewer flights than originally planned, Mint reported. “We have revised our original plan. We may resume flight operations with 10-15 aircraft but go for higher interim financing from the… Continue reading Go first looking to raise more funds, resume services with fewer aircraft
Jana Small Finance Bank refiles IPO papers, seeks to raise Rs 575 cr
Indian lender Jana Small Finance Bank [JANA.BO] has resubmitted its application for an initial public offering, two years after pulling its previous plan due to the pandemic and the last year it could remain private according to local market regulations. The offer consists of fresh issue of shares worth up to 5.75 billion… Continue reading Jana Small Finance Bank refiles IPO papers, seeks to raise Rs 575 cr
Fedbank Financial Services to raise up to Rs 1,400 cr from IPO this year
Fedbank Financial Services is aiming to raise up to Rs 1,400 crore through an Initial Public Offering (IPO) by the end of 2023, a top official at its promoter entity Federal Bank has said. The Non-Banking Finance Company (NBFC) arm of the South-based bank re-filed its Draft Red Herring Prospectus for an IPO… Continue reading Fedbank Financial Services to raise up to Rs 1,400 cr from IPO this year
Delhi international airport plans to raise Rs 750 crore to refinance debt
Delhi International Airport Limited (DIAL) plans to refinance old debt by raising fresh funds up to Rs 750 crore via long-maturity debentures which carry lower interest rates. The plan comes close on the heels of global rating agency Standard & Poor’s (S&P) upgrading DIAL’s long-term issuer rating from “B” to “B+” on the… Continue reading Delhi international airport plans to raise Rs 750 crore to refinance debt