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Ltd that could raise about $500 million at current market price...The government will appoint up to three banks to manage the sale and the last date for submitting bids is Aug. 11. To help plug its deficit, India's new government is seeking to raise
Taipei, July 10 (CNA) Shares of Innolux Corp. moved lower Thursday morning after the flat panel maker priced its latest new share sale at a 16 percent discount, which prompted investors to dump their shares in the firm, dealers said.
Some of the world's largest hedge funds have taken an unusual interest in recent share sales by Indian companies . Brevan Howard , Soros Fund Management and other marquee global hedge funds have latched onto share sales meant for institutional
The proceeds will help the company's third-largest mobile phone operator by customers cut its debt, said the people, who declined to be named as they were not authorised to speak to the media before a public announcement...The company's share sale is
India's capital market regulator said the government should dilute its stake in listed public-sector companies over the next three years and cap it at 75 percent, a recommendation if taken would lead to at least $10 billion worth of share sales. The
Bank will, in the next few months, lead the biggest share sale by Indian banks in recent times, potentially burying the ghost of State Bank of India's failed share sale in January 2014 as they take advantage of an exuberant investor sentiment. Bank. "
More than 5,000 closely held companies will come under the glare of the income tax department for transferring funds through suspicious share-sale deals. According to information compiled by the tax office, about Rs 5 lakh crore changed hands in past
Proceeds from the share sales are going to help the government contain its fiscal deficit for 2013-14 at the targetted 4.6 per cent of gross domestic product (GDP). Suuti's 42.2 million shares in Axis Bank (out of the 97.22 million shares it holds)
Getty Neway Valve, China's first initial public offering in more than 15 months, surged as much as 44 per cent in its debut after a regulatory freeze aimed at curbing overvalued share sales. The maker of industrial valves was suspended within the
Taxpayers took a loss of at least £230 million from the return of a 6 per cent chunk of Lloyds Banking Group to the private sector, according to a National Audit Office (NAO) report. The figure, which takes into account the cost of borrowing money to