Yes Bank raises $500 million, demand strong after Modi win

THE ECONOMIC TIMES Sun, Jun 01, 2014 | 10:04 AM IST IPO Newsletter

Yes Bank raises $500 million, demand strong after Modi win Yes Bank raises $500 million, demand strong after Modi win The offering drew strong demand, pricing at the top end of its indicative range and bids outnumbered shares on offer by five times, bankers said. Yes Bank to launch $500 million share sale Yes Bank to launch $500 million share sale In a statement to the stock exchange on April 23, the bank had said it planned to raise up to $500 million in one or more tranches. Finance min to encourage greater retail participation Finance min to encourage greater retail participation Government plans to offer tax breaks, a bigger share for retail investors in IPOs & share sale of PSUs to encourage greater retail participation. FinMin for divestment via follow-on offers in PSUs FinMin for divestment via follow-on offers in PSUs Finance ministry officials have proposed divestment through follow-on offers and open offer for sale to increase the market float of state-run companies. Manpasand Beverages plans IPO next year Manpasand Beverages plans IPO next year Promoted by first generation entrepreneur Dhirendra Singh, Vadodara-based Manpasand could raise over Rs 300-400 crore in the issue.

Company Name Issue Size Status Date of Relevance Volume   Wonderla Holidays Ltd. 634375000.00 Close 21/04/2014 to 23/04/2014 125.00 Loha Ispaat Ltd. 1233793022.00 Close 11/03/2014 to 25/03/2014 77.00

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Modi & fare wars in aviation in news today!

THE ECONOMIC TIMES Sat, May 31, 2014 | 06:02 PM IST Daily Newsletter

5 cheers common man can expect from Modi government Fresh indications from the new cabinet and market experts lead us to believe that the 'acche din' promised by Modi ma... Prime Minister Narendra Modi abolishes all GOMs, EGOMs There are currently 9 EGOMs and 21 GOMs, which were set up to take decisions on various matters before bringing them ... Fare wars break out, as IndiGo and SpiceJet outdo AirAsia's inaugural offers After SpiceJet, India's number 1 carrier IndiGo also followed AirAsia's rock bottom air fare offers, by launching its... Blog: Why India’s balance sheet have been in a mess Hundreds & thousands of crores of public money has been invested into PSUs. However, these investments have not creat...

FEATURED STORIES Is US influence eroding in Asia and enhancing China's power? All around Asia, China is pushing and probing at America’s alliances, trying to loosen the bonds that have kept the c... read more How book publishers can beat Amazon »  Tobacco use can cost you Rs 65 lakh in 35 years »

Popular Stories Samsung's think tank head Pranav Mistry keen to work with PM Narendra Modi Narendra Modi's brilliantly run campaign offers many lessons for business leaders AirAsia India's maiden flight on Bangalore-Goa route Budget likely to be next big trigger for markets; top investment ideas

BJP will work to protect Arunachal's territorial integrity... Sudhanshu Mittal ,Leader,BJP

Latest Updates Narendra Modi helps Sensex break 20-year-old May jinx In May of every even numbered year since 1996, the sensex had gone down. This year in May it rallied 1,800 points, or... New MSCI order puts stocks into overdrive; NTPC to gain most Many foreign institutional investors (FIIs), mainly exchange traded funds (ETFs), benchmark their Indian portfolios t... NPAs cause of concern: RBI Deputy R Gandhi The gross non-performing assets (NPAs) or bad loans of the domestic banking system was 4.4 per cent of the gross adva... US, India trade bodies highlight growth opportunities He highlighted civil aviation, medical and pharmaceuticals sector and information technology as areas of robust poten...

Market Watch 31 May | 06:02PM SENSEX 24217.34 â†" -16.81 NIFTY 7229.95 â†" -5.70 USD/INR 60.16 â†" -0.18 GOLD (Rs/10g.) 26899.00 â†' 69.00

MARKET NEWS Momentum of inflows likely to take the rupee to 54-56/$ Equity markets rise, currency has appreciated and bond yields have stabilized. Investor sentiment is bullish and ther... 'Don’t expect a substantial correction in market' There could be 1% or 2% more correction but more or less it is over because if you see individual sectors like banks,...

Gainers Losers 31 May, 2014, 06:02PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low Astra Microwave Products Ltd. 111.65 19.99 3153256 111.65 98.65 Lloyd Electric and Engineering Ltd. 92.15 19.99 594285 92.15 85.00 S R G Securities Finance Ltd. 28.85 19.96 24000 28.85 25.25

FEATURED SLIDESHOW AirAsia India's flight launch may trigger fare war Bolivia launches world's highest cable railway Global Hawks: US Air Force's surveillance drones Devastating images of thunderstorm in Delhi more slideshows

FROM THE NEWSPAPER UPA's parting gift to Narendra Modi govt: An ailing GDP India’s growth barely accelerated in the year ended March, remaining stubbornly below 5%, but disappointment was bala... Usman Haque, founder of Thingful.net, believes his venture can be next Google According to McKinsey Global Institute, Internet of Things revolution has potential to create economic impact of $2.7... Gujarat companies riding on Modi wave “The stock of Gujarati business has been rising ever since Modi became India’s 15th prime minister," says Behram Meht... Why Narendra Modi-led govt should focus on Aviation A bright new economic roadmap lies ahead. Aviation, a key driver of urbanisation and job creation, should be an impor... Govt may set up separate ministry for Himalayas The Modi govt is toying with the idea of setting up a nodal agency â€" that could be launched as a separate ministry wh...

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Wealth Weekly news on personal finance, stocks, property, gold, tax planning and more. Markets Watch Round up of stock, currency, bond, money and real estate market IPO Watch Gives you the latest IPO/FPO related news as well as a list of Upcoming offers Live Market News Portfolio Mobile Live TV Newsletter Commodities Speed Blogs Alerts Follow Us on ET: About us | Advertise with us | Terms of Use | Privacy Policy | Feedback | Sitemap | Code of Ethics © 2013 Times Internet Limited. To ensure delivery directly to your inbox, please add etnotifications@indiatimes.com to your address book today. If you are having trouble viewing this newsletter, please click here

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