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Tata Capital picks 10 i-bankers for IPO
The New Indian Express Dharmapuri
|March 22, 2025
TAKING a step closer to completing its mega public float, which could be well above ₹15,000 crore, Tata Capital has picked up close to a dozen investment bankers for the issue which is likely to value the lender at over $11 billion.
The IPO will be a combination of primary and secondary issue of shares, through which the parent Tata Sons and investor IFC pare their stakes. Tata Sons owns close to 93% in the firm now, while IFC owns just 1.5% in the company.
According to two people in the know of the development, Tata Capital, which is a systemically important non-bank along with 12 others according to the Reserve Bank's categorisation of shadow banks, has picked up nearly a dozen i-bankers for the deal.
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The New Indian Express Dharmapuri
CBI probe sought into 'fund misuse' in med college projects during EPS regime
A petition has been filed in the Madras High Court seeking an order for a CBI probe into the alleged irregularities and misappropriation of funds in the construction of buildings for 11 medical colleges in TN during the AIADMK government, during which the then Chief Minister, Edappadi K Palaniswami, held the PWD portfolio.
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November 16, 2025
The New Indian Express Dharmapuri
MAMDANI’S MULTITUDES, INDIA’S SOFT POWER
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3 mins
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The New Indian Express Dharmapuri
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2 mins
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The New Indian Express Dharmapuri
DMK is best oppn party to BJP in India: Udhaya
THOUGH the DMK is the ruling party in the state, it is the best opposition party in the whole country for the BJP, and it is giving the saffron party a tough fight in all sectors, Deputy Chief Minister Udhayanidhi Stalin said on Saturday.
1 min
November 16, 2025
The New Indian Express Dharmapuri
US exempts agri products from import tariffs
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1 min
November 16, 2025
The New Indian Express Dharmapuri
Harmer spinning a different tale
IN 2015, when South Africa came to India for a four-match Test series, Simon Harmer was three games old into his career.
2 mins
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The New Indian Express Dharmapuri
Finding Light in Darkest Frames
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3 mins
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The New Indian Express Dharmapuri
Clamour in Canada to call extortion an act of terror gains momentum
IN the face of unabated extortion calls affecting the legal community in British Columbia (BC), the lawyers have demanded that the Canadian federal government classify extortion as a terrorism offence under the Criminal Code.
1 mins
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The New Indian Express Dharmapuri
A School of Thought
In Bengaluru, an educational space goes beyond textbooks and rote learning, blending ancient Indian values with modern thinking
2 mins
November 16, 2025
The New Indian Express Dharmapuri
WHO norms on diabetes during pregnancy out
THE World Health Organization (WHO) has released its first global guidelines for the management of diabetes during pregnancy, a condition affecting about one in six pregnancies - or 21 million women annually.
1 mins
November 16, 2025
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