• Contact us
  • Privacy Policy
  • Sitemap
  • Disclaimer
Tuesday, April 13, 2021
NewsLiveNation
No Result
View All Result
  • Login
  • Contact us
  • Business
  • Health
  • Lifestyle
    • Travel
  • News
    Coronavirus variants detected via covid-19 tests, labs suggest

    Coronavirus Variants Detected via Covid-19 Tests, Labs Suggest

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
    • Entertainment
    • National
    • Politics
    • World
  • Opinion
  • Science
  • Tech
  • Contact us
  • Business
  • Health
  • Lifestyle
    • Travel
  • News
    Coronavirus variants detected via covid-19 tests, labs suggest

    Coronavirus Variants Detected via Covid-19 Tests, Labs Suggest

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
    • Entertainment
    • National
    • Politics
    • World
  • Opinion
  • Science
  • Tech
No Result
View All Result
Morning News
No Result
View All Result
Home Economy

India Inc raises ₹1.04 trillion from capital markets in first six months

newslivenation by newslivenation
July 2, 2020
in Economy
0
India Inc raises  ₹1.04 trillion from capital markets in first six months
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

[ad_1]

MUMBAI :
Despite the covid-19-led disruptions, India Inc. raised ₹1.04 trillion from the capital markets between January and June, according to Prime Database. Indian companies had raised ₹81,052.72 crore in the year-ago period, and another ₹45,233.41 crore during July-December 2019.

The fundraising activity was dominated by Reliance Industries’ mega ₹53,124.20 rights issue in May, which was oversubscribed 1.6 times. Besides, Piramal Enterprises raised ₹3,630.85 crore, Bajaj Electrical ₹349.99 crore and Brooks Laboratories ₹15.33 crore.

According to analysts, markets regulator Sebi’s change in norm may have helped companies raise funds through rights issues. In April, Sebi had granted a one-time relaxation in its primary market fundraising norms to make it easier for companies to raise capital amid the covid-19 pandemic.

It also extended the period of approval for initial public offerings and rights issues by six months. This will be applicable to companies where Sebi’s approvals have expired, or were due to expire on 1 March and 30 September.

“Companies are raising additional capital through rights issues not to spruce up its balance sheet but to repay debt in this crisis time when banks and other lenders have increasingly become risk averse. We may see more rights issue in this fiscal year,” said an analyst, requesting anonymity.

In the first half of 2020, ₹10,419.36 crore was raised via IPOs, ₹8,282.88 crore through offer-for-share and ₹28,573.14 crore via QIPs.

Subscribe to newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.

Topics

[ad_2]

Source link

READ ALSO

FIR lodged against Franklin

Government To Study Vodafone Arbitration Case Award

Tags: Bajaj ElectricalBrooks Laboratoriescapital marketsIndia IncPiramal EnterprisesQIPsReliance Industriesrights issue

Related Posts

FIR lodged against Franklin
Economy

FIR lodged against Franklin

September 25, 2020
Government To Study Vodafone Arbitration Case Award
Economy

Government To Study Vodafone Arbitration Case Award

September 25, 2020
S&P 500, Dow extend longest losing spree in a year as coronavirus cases top 7 mn
Economy

S&P 500, Dow extend longest losing spree in a year as coronavirus cases top 7 mn

September 25, 2020
Harley Close To Deal With Hero After Stopping Local Manufacturing: Report
Economy

Harley Close To Deal With Hero After Stopping Local Manufacturing: Report

September 25, 2020
Indian Economy To See Record Contraction In 2020-21 Before Sharp Recovery: S&P
Economy

Indian Economy To See Record Contraction In 2020-21 Before Sharp Recovery: S&P

September 25, 2020
Markets recoup losses, climb over 2% on hopes of govt measures
Economy

Markets recoup losses, climb over 2% on hopes of govt measures

September 25, 2020
Next Post
Election, Montana, Hey Jerry: 1,000 Words That Trigger Alexa, Siri, Google, Cortana

Election, Montana, Hey Jerry: 1,000 Words That Trigger Alexa, Siri, Google, Cortana

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

iPhone 12 Pro and Pro Max colors: all the available colors and which color should you get?

iPhone 12 Pro and Pro Max colors: all the available colors and which color should you get?

November 24, 2020
Ampere Electric Appoints Thiruppathy Srinivasan As CTO And Head of Manufacturing

Ampere Electric Appoints Thiruppathy Srinivasan As CTO And Head of Manufacturing

December 8, 2020
Pakistani court convicts 3 LeT and JuD leaders, including Hafiz Saeed’s brother-in-law

Pakistani court convicts 3 LeT and JuD leaders, including Hafiz Saeed’s brother-in-law

August 29, 2020
Best fire pits for 2020: BioLite, Solo Stove, Tiki and more

Best fire pits for 2020: BioLite, Solo Stove, Tiki and more

December 16, 2020
Apple Cardio fitness levels, Apple Watch, how to set up cardio fitness levels on Apple Watch, Apple Watch, what is cardio fitness, Cardiorespiratory fitness

Apple Watch now measures cardio fitness – here’s how to set up the feature

December 16, 2020

EDITOR'S PICK

Javagal Srinath Says Batsmen Should Not Invoke Spirit Of Cricket In Run-Outs At Non-Striker’s End | Cricket News

Javagal Srinath Says Batsmen Should Not Invoke Spirit Of Cricket In Run-Outs At Non-Striker’s End | Cricket News

September 1, 2020
Ambrane Elite neckband wireless earphones launched for Rs. 1299

Ambrane Elite neckband wireless earphones launched for Rs. 1299

December 22, 2020
Greenhouse Gas Levels At New High Despite COVID-19 Lockdowns: UN

Greenhouse Gas Levels At New High Despite COVID-19 Lockdowns: UN

November 23, 2020
Here’s what to do if you can’t install macOS Big Sur on your 13-inch MacBook Pro – 9to5Mac

Here’s what to do if you can’t install macOS Big Sur on your 13-inch MacBook Pro – 9to5Mac

November 19, 2020

About

newslivenation.in


newslivenation.in is an open platform for people who loves to read and write. You can gather information or share your views in your words here. We will always be happy to provide the most recent facts, technological news etc. Happy reading!

Follow us

Education

Best Resources That Can Help You Nail Your CompTIA N10-007 Certification Certbolt Exam Easily!

April 13, 2021
Science

(SYPWAI) – एक वैज्ञानिक विकास उपकरण

April 13, 2021
Tech

How to Grow Organic Instagram Followers and Likes With Followers Gallery

April 12, 2021

Best Resources That Can Help You Nail Your CompTIA N10-007 Certification Certbolt Exam Easily!

  • Contact us
  • Privacy Policy
  • Sitemap
  • Disclaimer

News Live Nation © 2021 - All Right Reserved.

No Result
View All Result
  • Homepages
    • Home Page 1
  • News
  • Politics
  • National
  • Business
  • World
  • Entertainment
  • Fashion
  • Food
  • Health
  • Lifestyle
  • Opinion
  • Science
  • Tech
  • Travel

News Live Nation © 2021 - All Right Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In