Axis Capital News

Bazaar Style Retail is one of the leading players in the value retail market in West Bengal and Odisha.

The reinsurance company has fixed the price band at Rs 855-912 for its IPO.

The issue comprises fresh issue of 1,72,00,000 shares by the Corporation and an offer for sale of 10,75,00,000 shares by the promoter.

Indian Energy Exchange plans to raise Rs 1,001 crore through its initial share sale offering. It has fixed a price band of Rs 1,645- 1,650 per share for its public issue.

HAL had revenue of Rs 179.52 billion (USD 2.74 billion) and a net profit of Rs 26.25 billion for the year ended last March, the filing showed.

Besides, through this exercise, we are bringing in more transparency and efficiency in our operations, he said.

CMS Info Systems provides cash management services, which include ATM services, and cash delivery and pick-up.

According to the draft papers, the government will be selling 9.6 crore shares, whereas the company itself will be selling 2.4 crore shares through the IPO.

Reliance Infrastructure (RInfra) on Wednesday said that RInfra InvIT has received the final approval from securities market regulator SEBI to float its Rs 2,500 crore plus Initial Public Offering (IPO).

Government has shortlisted five Indian merchant bankers, including JM Financial, SBI Capital and ICICI Securities, for managing the over Rs 21,000-crore stake sale in Coal India.

Managing Director and CEO of Axis Capital Nilesh Shah, the public face of private sector lender Axis Bank's investment banking arm, has quit and is understood to be joining the Kotak group.

Aban`s board had on May 28 approved share offering worth up to 25 billion rupees to institutional investors.