With a disinvestment target of raising Rs.72,000 crore this fiscal, the government is all set to rule Dalal Street with Rs.18,000 crore worth of Initial Public Offerings (IPOs).
FlashNews:
India Launches First All‑Electric Tug at Deendayal Port, Accelerates Green Maritime Shift
Bharatmala Pariyojana Executes 61% of Phase‑I Highway Targets, Boosts Freight Speed and Connectivity
Waaree Tops India’s Solar Module Shipments in Q3 2025, Reinforces Global Competitiveness
AISATS Expands Nationwide, Launches Ground Handling at Cochin Airport with Future‑Ready Tech
TIL Bags ₹2 Billion Orders Across Defence and Logistics, Validates Dual-Sector Strategy
Indian Railways to Roll Out OTP‑Based Tatkal Window Tickets Nationwide to Curb Misuse
Sanchar Saathi Row: Scindia Defends App as Voluntary, Transparent and Consumer‑Protective Amid Privacy Debate
REIAs Issue 67.5 GW Renewable Energy LoAs Since April 2023 with Zero Cancellations: Joshi
Rail Freight Rises 4.2% in November as Steel, Iron Ore and Fertiliser Volumes Surge
NHAI Partners Reliance Jio to Launch Telecom‑Based Safety Alerts on National Highways
Delhi Airport Becomes India’s First Water‑Positive Major Aviation Hub
Civil Aviation Minister Confirms GPS Spoofing at Delhi Airport; Cyber Threats Spread to Major Hubs
India’s Power Capacity Crosses 505,000 MW, Clean Energy Transition Accelerates
Air India Express Launches Twice-Daily Nagpur-Bengaluru Flights, Expands Maharashtra Network
India to Expand Refining Capacity to 309.5 MMTPA by 2030, Accelerates Biofuel and Green Hydrogen Push
Air India Expands China Presence with TAM Group Appointment as Passenger GSA
DFCCIL Trial Run Paves Way for JNPA Link to Western Dedicated Freight Corridor
India Secures Top Vote in IMO Council Re‑Election for 2026-27
IndiGo Expands Domestic Connectivity from Navi Mumbai International Airport
Tag: initial public offerings
IL&FS to bolster presence in merchant banking segment
According to source-based information, Infrastructure Leasing and Financial Services (IL&FS) plans to strengthen its presence in the merchant banking business to cater to infrastructure companies. A top official of the firm is quoted as saying that the firm wants to increase its presence for doing initial public offers and merchant banking activities. In 2008, the firm divested 73.21 per cent stake in its merchant banking division IL&FS Investsmart to HSBC for arou
2012-13 sees Rs 60 bn worth of IPOs
During 2012-13, a total of 10 companies raised a cumulative Rs 6,059 crore through initial public offerings (IPOs), data available with the stock exchanges show. This is a marginal rise of 4 per cent from the previous year, when 33 companies had together mopped-up Rs 5,808 crore. This is a far cry from a total of Rs 33,183 crore raised through IPOs in 2010-11 by 52 fir


