State Bank of India (SBI) raises Rs 25,000 crore through Qualified Institutional Placement (QIP) to fund business growth. LIC increases SBI shareholding.

Life Insurance Corporation of India (LIC) has raised its stake in State Bank of India (SBI) by acquiring an additional 0.28% ...

LIC acquires 0.28% stake in SBI for Rs 5,000 crore through QIP, increasing its holding to 9.49%. Details of the investment ...

This fundraise marks a major step in SBI's capital augmentation strategy and is expected to support the bank's growth plans.

Reliance Power posts Q1FY26 profit of Rs 44.68 crore, marking another profitable quarter. Strong PLF at Sasan, low ...

IREDA will remain exclusively focused on the renewable energy sector, with no plans to diversify, CMD Pradip Kumar Das told CNBC-TV18. He said the agency is maintaining a balanced portfolio mix and ...

State-run largest renewable energy financier in India, IREDA, looks to bolster equity with a planned ₹3,000 crore equity ...

According to BSE Analytics, Elitecon International's stock has been a standout performer, delivering a multibagger return of ...

India’s financial services sector recorded 79 transactions valued at $5.6 billion, including IPO and QIP activity, according ...

On Monday, shares of Elitecon International Ltd (EIL) hit a 5 per cent upper circuit to an all-time high of Rs 131.25 per ...

The fund raise may be done in one or more tranches through the permitted routes such as a public offer, rights issue, private placement, preferential allotment, Qualified Institutional Placement (QIP) ...

The stock had closed at Rs 125 on the BSE in the last trading session. The market cap of the company is Rs 20.980 crore.