IREDA gets approval to raise Rs 5,000 crore through QIP

IREDA KIP: Indian Renewable Energy Development Agency (IREDA) has taken a decision on the proposal to raise funds through QIP. The company informed on Thursday that the proposal to raise…

Government announced to reduce its stake in these five banks

PSU Bank stake sell: The Central Government has approved the plan of 5 PSU banks to raise funds of Rs 10000 crore through Qualified Institutional Placement (QIP). Apart from Bank…

Spicejet: Investors’ confidence returned in SpiceJet with the settlement of PF dues.

Spicejet: Investors’ confidence in low fare airline company SpiceJet is being restored again. Due to this confidence on Friday, SpiceJet shares rose by five percent from the day’s lowest level.…