LIVE MARKET TRACKER :   BSE SENSEX   32646.81      |    NSE NIFTY 10240.95    
GLOBAL MARKETS :  NASDAQ 6624.0044   +0.2756%    |    FSI London 7526.97   -0.11%    |    NIKKEI Japan 21332.48   +0.36%
  USD GBP EUR CAD AUD INR
USD - 0.7545 0.8496 1.2534 1.2744 64.9300
GBP 1.3254 - 1.1260 1.6612 1.6890 86.0679
EUR 1.1773 0.8882 - 1.4755 1.5002 76.4359
CAD 0.7981 0.6025 0.6781 - 1.0171 51.8250
AUD 0.7848 0.5923 0.6668 0.9836 - 50.9550
INR 0.0154 0.0116 0.0131 0.0194 0.0197 -
Indian-Commodity  :  Top News  :  Indian Overseas Bank gets nod to raise funds via preferential allotment route

Indian Overseas Bank gets nod to raise funds via preferential allotment route (19-May-2017)

Indian Overseas Bank has received its board's approval to raise money through preferential issue and through tier-I and tier-II bonds.

The bank's board has given its approval for issuing equity shares to a maximum extent of 130.11 crore. The funds would be raised through follow-on public offers, rights issues, QIPs, shares offered to employees and issue of shares on preferential basis to QIBs without diluting the government's holding below 52 per cent.

Bank got the board's nod to raise tier-I and tier-II capital by the issue of additional tier-I perpetual and tier-II BASEL III compliant bonds of Rs 1,500 crore and Rs 1,000 crore respectively.


Top News Today
Jain Irrigation Systems redeems FCCB's worth $40 million
(17-Oct-2017)

Jain Irrigation Systems redeems FCCBJain Irrigation Systems has redeemed the 4,000 FCCB's of $10,000 each aggregating to $40 million (equivalent Rs 263.50 crore) as per the terms of the Agreement dated September 5, 2012 entered into by the......click on news to read complete article.

Karur Vysya Bank opens one new branch at Andhra Pradesh
(17-Oct-2017)

Karur Vysya Bank opens one new branch at Andhra PradeshKarur Vysya Bank (KVB) has opened one new branch at No 492/4, Vullapalli Road, East Godavari District in state of Andhra Pradesh on October 17, 2017.Karur Vysya Bank is among six old generation private......click on news to read complete article.

Moody's affirms rating on SBI's foreign currency deposits
(17-Oct-2017)

MoodyGlobal rating agency -- Moody's Investors Service -- has affirmed the ratings on State Bank of India's (SBI) local and foreign currency deposits of 'Baa3/P-3' apart from affirming the 'Baa3' rating on......click on news to read complete article.

International Stock News
US markets closed higher with investors' looking ahead to major earnings
(17-Oct-2017)

US markets closed higher with investorsThe US markets closed higher on Monday, with all three major indexes logging another round of records, as investors looked ahead to key corporate earnings reports that could set the tone for trading and......click on news to read complete article.

Asian markets trade mostly in green
(16-Oct-2017)

Asian markets trade mostly in greenAsian markets have made a positive start on Monday, extending their last week gains, following the positive lead from Wall Street on Friday and higher commodity prices on the back of strong Chinese import......click on news to read complete article.

US markets closed higher; Nasdaq records all-time high
(14-Oct-2017)

US markets closed higher; Nasdaq records all-time highThe US markets closed higher on Friday, with Nasdaq recording an all-time high, as President Donald Trump delivered a speech decertifying a nuclear agreement with Iran. Upbeat earnings reports from banks......click on news to read complete article.

 

     
  
Recent Top News News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.