Thursday, 19 June 2014
·
United Bank plans to raise Rs
1,000 cr via QIP
United Bank of India
plans to raise up to Rs. 1,000 crore through a qualified institutional
placement or rights issue this fiscal.
·
Tata Steel to seek shareholders'
nod for raising Rs 14k cr
Tata Steel
will seek shareholders nod to raise up to Rs 14,000 crore through privately
placed debt securities in domestic as well as global markets. This will be in
addition to the Rs. 575 crore it aims to raise by issuing equity shares on a
preferential basis to the government Rs. 275 crore and to the Life Insurance
Corporation of India Rs. 300 crore.
·
Infosys up 2.4%, may bag US
Treasury office deal
Shares of
Infosys up as much as 2.4 percent on hopes of getting US Treasury office deal.
US government is likely to give 3 IT deals worth USD 1.4 billion this year.
These deals include US Treasury office, work & pensions and patent office.
·
Just Dial jumps 4%, brokerages
overweight on it
Shares of
Just Dial jumped over 4 percent. Both HSBC and Barclays have overweight
rating on the stock with target price of Rs 1900 and Rs 2000 respectively.
