SpiceJet to offload stake to US investor Wilbur Ross for $80 million India's budget air carrier SpiceJet has accepted US-based billionaire investor Wilbur Ross' $80 million (Rs.345 crore) offer and is ready to offload at least 10 percent stake to the private equity fund. 15 Jul 2008
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Indian investors most optimistic among Asian counterparts: ING Indian investors are the most optimistic lot among their Asian counterparts and have a "bullish" outlook of the stock markets despite the ongoing global credit crisis, a survey by global financial institution ING Asia/Pacific has revealed. 17 Apr 2008
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SBI $4.1 billion rights issue covered: Sources A $4.1 billion rights issue by State Bank of India, India's largest bank, was fully covered on Tuesday, despite global financial turmoil that knocked its shares down by nearly a third during the offer period. 18 Mar 2008
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Shriram Transport to issue shares at Rs.300 each Commercial vehicle financer Shriram Transport Finance Co Ltd said on Tuesday a panel of directors had approved issuing shares to investors and group firms at Rs.300 each. 14 Nov 2007
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Gujarat attracts maximum investment, says RBI Gujarat has edged past Maharashtra to become India's top state in terms of investment commitments during 2006-07, garnering over 25 percent of the total spending proposed by corporates across the country. 06 Sep 2007
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Bullish Sensex crashes 542 points, investors wary The dream run of the Bombay Stock Exchange (BSE) benchmark 30-share sensitivity index, the Sensex, finally ended with a crash on Friday, July 27, with the index plunging 541.74 points, or 3.43 percent, to close the day at 15,234.57 points. 28 Jul 2007
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Sensex scales new peak, ends above 15500 mark The benchmark Bombay Stock Exchange (BSE) 30-share sensitivity index, the Sensex, zoomed to a new peak, Thursday, July 19 - a new, intra-day high of 15,593 – recording a gain of 292 points from the previous close of 15,301 before finally closing with a gain of 249 points at 15,550. 20 Jul 2007
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ICICI Bank FPO oversubscribed, investors' mood high The country's largest private lender, ICICI Bank, which fixed the price band of its follow-on public offer (FPO) at Rs. 885 to Rs. 950 a share to raise over Rs. 10,000 crore from the domestic market, has met with success with its offer being subscribed more than 12 times, according to the data on the National Stock Exchange (NSE) website. 29 Jun 2007
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Hungry for More: Investors await ICICI Bank's $5 billion FPO The frenzy is over. With the much-hyped initial public offer (IPO) of the realty major DLF closing on June 14, the investors are now looking forward to the ICICI Bank's Rs. 20,000 crore (about $5 billion) follow-on public offer (FPO) which is expected to open on June 19 and will be open for subscription till June 22. 18 Jun 2007
