6 IPO, 1 FPO of CPSEs to hit market 6 IPO, 1 FPO of CPSEs to hit market Gayathri Udyawar / Saturday, December 29, 2018 / Article rating: 4.0 The Union government plans to list seven public sector enterprises in 2019. The Cabinet Committee has approved a divestment plan wherein 6 state-owned entities will float an initial public offering (IPO), while one already listed company KIOCL will issue a follow-on offer.
Govt to infuse Rs 28,615 cr in 7 PSBs soon Govt to infuse Rs 28,615 cr in 7 PSBs soon Aakash Makhija / Friday, December 28, 2018 / Article rating: 5.0 Bank of India is likely to get the highest amount of Rs 10,086 crore, out of these seven PSBs, followed by Oriental Bank of Commerce, which might get Rs 5,500 crore through recapitalisation bonds, sources added.
Overnight Digest: Stocks to watch on December 31, 2018 Overnight Digest: Stocks to watch on December 31, 2018 Dnyanada Kulkarni / Friday, December 28, 2018 / Article rating: 5.0 The stocks most likely to witness significant movement on the bourses on December 31, 2018 are Peninsula Land, HT Media, Tata Steel, KIOCL and SAIL.
Ten stocks close to their 52-week low Ten stocks close to their 52-week low Shital Jibhe / Friday, December 28, 2018 / Article rating: 4.3 Following stocks are close to their 52-week low as at 1.59 p.m. on December 28, 2018.
Ten stocks close to their 52-week high Ten stocks close to their 52-week high Shital Jibhe / Friday, December 28, 2018 / Article rating: 3.5 The markets on December 28, 2018 opened gap up. BSE Sensex is trading at 36,153.28, up by 346.00 points and the Nifty is trading at 10,881.65, up by 101.85 points.
United Bank spikes on receiving capital infusion United Bank spikes on receiving capital infusion Aakash Makhija / Friday, December 28, 2018 / Article rating: 5.0 Central Government, in a letter dated December 26, 2018, has informed of its decision to invest Rs. 2,159 crore in the equity capital of the bank by preferential allotment. The lender is one of the 11 public sector banks that are under the prompt corrective action (PCA) framework of the Reserve Bank of India following deterioration in its financial health.
Majesco USA announces rights offer Majesco USA announces rights offer Gayathri Udyawar / Friday, December 28, 2018 / Article rating: 4.7 The company has set January 7 as the record date for its rights offering wherein Majesco USA's shareholders will be issued subscription rights. This offer will help Majesco raise funds for its recent Exaxe acquisition.
MF Update: Equity is preferable asset choice for investors from B30 cities MF Update: Equity is preferable asset choice for investors from B30 cities Shashikant Singh / Friday, December 28, 2018 / Article rating: 5.0 Asset under management of the domestic mutual fund industry at the end of November 2018 shows that investors from B30 prefer equities while the presence of institutional investors in T30 cities tilt asset towards non-equity assets.
Five stocks with selling interest Five stocks with selling interest Shital Jibhe / Friday, December 28, 2018 / Article rating: 5.0 Overall volumes in futures & options currently stand at 3.63 crore contracts with a turnover of Rs. 21,62,816.58 crore.
Five stocks with buying interest Five stocks with buying interest Shital Jibhe / Friday, December 28, 2018 / Article rating: 5.0 Overall volumes in futures & options currently stand at 3.63 crore contracts with a turnover of Rs. 21,62,816.58 crore.