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Standard Chartered PLC IDRS Current News

Get latest IPO news from India Stock Market. The news on this page is compiled from popular business websites. The current news from primary stock market is to keep you updated on latest events in market.

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Standard Chartered IDR: Buy
Sat, 31 Mar 2012 08:53:05 GMT
Fresh investments with a two-three year horizon can be considered in the Indian Depository Receipts (IDRs) of Standard Chartered PLC. Standard Chartered PLC is a holding company which operates 1,700 branches in 70 countries through various subsidiaries.

All about Standard Chartered IDR issue
Tue, 25 May 2010 05:36:00 GMT
The basic question that is on everybody's mind is how is Standard Chartered IDR issue different from a normal IPO? What exactly are the benefits that an investor or a subscriber gets from this kind of instrument? Yes, t the outset, the primary point of ...

Finance Friday: India’s first ever IDR from Standard Chartered gets lukewarm response subscribed 1.38 times !
Fri, 28 May 2010 08:38:00 GMT
On April 2, we had posted under this very section of Friday Finance, regarding India’s first ever IDR issue by Standard Chartered Bank aiming to raise anywhere between $500-750 million through issue of 24 crore IDRs. Every 10 IDR will be representing 1 ...

Fitch Downgrades Standard Chartered Bank (Thai)s Local-Currency IDR
Thu, 12 Nov 2015 18:50:00 GMT
(The following statement was released by the rating agency) BANGKOK/SINGAPORE, November 13 (Fitch) Fitch Ratings has downgraded Standard Chartered Bank (Thai) Public Company Limited's (SCBT) Long-Term Local-Currency Issuer Default Rating (IDR) to 'A' with ...

A Slow Start for Standard Chartered IDR
Thu, 10 Jun 2010 18:39:00 GMT
A huge advertising splash may have brought Standard Chartered PLC desired visibility and attention in India. But the U.K.-based bank’s Indian Depository Receipts didn’t grab many eyeballs when they began trading in Mumbai Friday. Despite listing on a ...

$1b Eurobond: Lifeline for road, railway power, others
Mon, 13 Feb 2017 15:52:00 GMT
The Long-Term Local-Currency IDR is also B+’ with a Negative Outlook ... listed the transaction parties as Citigroup, Standard Chartered Bank, Stanbic IBTC, Whiten case, Banwo and Ighodalo and Africa Practices Communications Advisers.

Standard Chartereds Jaspal Bindra: This Is the Right Time to List in India
Tue, 23 Mar 2010 07:07:00 GMT
SCB's listing will be India's first-ever IDR issue. SCB came about in 1969 through the merger of two banks -- Standard Bank of British South Africa and Chartered Bank of India, Australia and China. The latter traces its roots to 1853, when founder James ...

Why there is sudden rush for StanChart IDRs
Tue, 21 May 2013 21:27:18 GMT
Ten IDRs represent one share of Standard Chartered. This is how the math works: Indian IDR price = Rs 118.55 Standard Chartered stock price in London: 16.10 pounds Standard Chartered stock price in Indian rupee: 16.10 x 83.88 (pound value in rupees ...

News Roundup: Standard Chartered May Raise Rs 5,000 Crore through IDR
Thu, 23 Apr 2009 17:00:00 GMT
GlobalLogic Appoints Jim Walsh as Chief Technology Officer - Software development firm GlobalLogic on Thursday announced the appointment of Jim Walsh as its Chief Technology Officer. Walsh will work directly with GlobalLogic President Shashank Samant to ...

Standard Chartered IDR: Opportunity in Crisis
Sun, 18 Sep 2016 17:00:00 GMT
Standard Chartered IDR is the first "Indian Depositary Receipt" issue came on Indian markets. However, the bad market conditions are putting pressure on the ongoing IPO of Standard Chartered IDR. However, if one closely observes, there is some opportunity ...

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