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Shriram Transport Fin to raise $400 million through ECB route

Shriram Transport Fin to raise $400 million through ECB route

About a month ago, the country’s largest mortgage lender, HDFC, raised $750 million via ECBs.Mumbai: Shriram Transport Finance would raise about $400 million in offshore loans through its first external commercial borrowing (ECB) programme, benefiting from amended rul

Share market update: Smallcaps in sync with midcaps, outperform Sensex

Share market update: Smallcaps in sync with midcaps, outperform Sensex

In the Sensex index, 26 stocks were advancing and 5 were declining.NEW DELHI: In sync with BSE Midcap, the BSE Smallcap index too was outperforming benchmark Sensex in morning trade on Friday. Around 10:50 am, the BSE Smallcap index was 1.03 per cent up at 16812, while

Brokerages go with ONGC post Q1; should you check in?

Brokerages go with ONGC post Q1; should you check in?

Motilal Oswal also has a ‘Buy’ call on ONGC with a target price of Rs 219 while Nomura retained ‘Neutral’ with a target price of Rs 185. A majority of brokerages maintained their bullish bets on Oil and Natural Gas Corporation as the upstream explorer came out w

Hotels companies explore the IPO route

Hotels companies explore the IPO route

Bharat Hotels said it plans to raise Rs 1,200 crore through its initial share sale for repayment of loans availed of for general corporate purposes.New Delhi: An upbeat outlook on the hotels sector, the success of the Lemon Tree IPO and impressive one-year returns on ex

Stock market update: Midcap index rises over 1%, outperforms Sensex

Stock market update: Midcap index rises over 1%, outperforms Sensex

Vedanta, with a gain of nearly 4 per cent, was leading among Sensex scrips.NEW DELHI: Midcaps were outperforming equity benchmark Sensex in Friday's trading session. Around 10:40 am, the BSE Midcap index was 1.15 per cent up at 16242, while the BSE Sensex was 0.79 per

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