Instead of big issues like LIC, the market will be tested this year with smaller issues of state-owned enterprises and financial institutions to gauge investor appetite, before the next round of minority share sales in the life insurer is finalized, the first person mentioned above said, requesting anonymity. ‘Next round […]
Government of India
Telecom major Vodafone Idea on June 13 said that its board has approved issuance of about 166 crore shares at ₹14.80 per share to raise funds up to ₹2,458 crore on a preferential basis. In a regulatory filing, Vodafone Idea said that it will allot 102.7 crore shares aggregating to […]
NSE Indices Limited, a subsidiary of NSE specializing in index services, unveiled a new thematic index named the Nifty EV & New Age Automotive Index, on Thursday. This index is designed to monitor the performance of businesses within the electric vehicle (EV) sector and those engaged in the advancement of […]