Latest Updates Around The World
Indian Overseas Bank (IOB) and Punjab & Sind Bank have announced plans to raise Rs 4,000 crore and Rs 3,000 crore respectively by selling shares to institutional investors this quarter.IOB Managing Director Ajay Kumar Srivastava said on Wednesday that the bank has received all required approvals for the qualified institutional placement and is now in […]
In 2025, India’s primary stock market reached new heights as companies raised a record Rs 1.95 trillion through more than 365 initial public offerings (IPOs), according to a latest strategy report from Motilal Oswal Financial Services.In the last two years, Rs 3.8 trillion was raised through 701 primary market IPOs. By 2024, Rs 1.90 trillion […]
The government on Wednesday decided to exercise the green shoe option to offload a higher 3 percent stake in Indian Overseas Bank through an offer for sale, following overwhelming response from investors on the first day of subscription.Indian Overseas Bank’s (IOB) OFS opened for subscription to non-retail investors on Wednesday at a floor price of […]
The Center will divest up to 3% stake in Indian Overseas Bank (IOB) through an offer for sale (OFS) starting on Wednesday, December 17. The government plans to offload a stake of up to 2%, or 38,51,31,796 shares, through the non-retail period on Wednesday.The OFS will open to retail investors on Thursday, December 18, with […]
A judge has wondered why racist remarks in a sermon were reportedly needed to exert freely religion, on the last day of the racial discrimination process of a Sydney preacher. Wissam Haddad, an Islamic teacher, is being charged with comments that are reportedly violated the Commonwealth laws against offensive behavior because of race. In a […]
