
Friday, July 17, 1998
Reliance raises Rs 225 crore via debenture issue
Reliance Industries Ltd (RIL) has successfully raised Rs 225 crore through a one-year debenture issue priced at 13.25%. With this, the petrochemical giant has raised Rs 375 crore worth of short-term debt in the last three weeks.
Bank of Baroda mulls GDR float to fund overseas expansion plan
Bank of Baroda may float a global depository receipts (GDR) issue to back its ambitious overseas expansion plans. BoB on Wednesday appointed international consultants Deloitte Touche & Tohmatsu to help restructure its international operations.
UTI Bank fixes premium at Rs 11 per share
UTI Bank has pegged the offer price for its Rs 73-crore public issue at Rs 21. Earlier, the premium was expected to be in the range of Rs 11 to Rs 15.
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