Torrent Power’s Rs 3,500 cr QIP over subscribed 4 times

Torrent Power’s Rs 3,500 cr QIP over subscribed 4 times

Torrent Power on Monday said its Rs 3,500 crore qualified institutional placement (QIP) issue was oversubscribed four times. The issue received bids of about Rs 14,000 crore against the base issue size of Rs 3,500 crore, a company statement said. The issue garnered significant response from investors, including domestic mutual funds, global investors and insurance … Read more

Torrent Power’s QIP opens today. Co sets floor price at Rs 1,555.75

Torrent Power’s QIP opens today. Co sets floor price at Rs 1,555.75

Torrent Power on Monday announced opening of its qualified institutional placement (QIP) issue and the company has set the floor price at Rs 1555.75 per equity share. The issue price will be determined by the company in consultation with the book running lead managers (BRLMs) at a later date. The company with its discretion offers … Read more

Bans on Evictions, Utility Shutoffs Curb COVID Infections

Bans on Evictions, Utility Shutoffs Curb COVID Infections

MONDAY, Feb. 8, 2021 (HealthDay News) — Bans on evictions and utility shutoffs during the pandemic may not only be keeping people safe and warm in their homes: They might also limit the spread of COVID-19, new research suggests. Over the first nine months of the pandemic, the study found, U.S. counties with those … Read more