India Inc’s investment activity limited to some pockets: Bank of Baroda
Investment activity by the India Inc is not yet broad based but limited to some pockets, states a research study by Bank of Baroda.
Continuing its trend of sharp rises and falls, Yes Bank’s scrip on Friday advanced as much as 10.55 per cent on the BSE before settling 9.64 per cent higher at Rs 96.10 apiece over reports of capital infusion by some institutional investors.
The bank, however, denied commenting on the “speculation” that TPG Capital and Advent International were in talks to infuse $350mn each in Yes Bank.
In a regulatory filing, the bank said it is in ordinary course of its business continues to explore various means of raising capital through issuance of securities to diverse set of investors..”.
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