Sterling & Wilson Solar ends 7% below IPO price on listing dayThe stock hit a low of Rs 691 and a high of 755.50 during the day.
Hit the jackpot in IPOs? Here's what to expect from your stocks nowAnalysts said stocks get cornered after listing due to frenzied buying, leaving little float for public.
Midas touch: Retail stocks zoom, ride piggyback D-Mart’s impending IPOD-Mart, promoted by R K Damani, has whipped up a frenzy in the grey market where its shares are quoting at 25-50 per cent premium to the ex...
V-Mart jumps to a record high ahead of DMart’s public offerShares of V-Mart ended up 7.7% at Rs 720.45 on the BSE on Thursday. The stock has outperformed the BSE Smallcap index, which gained a littl...
BK Birla Group companies rally over succession planning speculationThe move by Kesoram Industries to revoke share pledge in Mangalam Cement, Century Textiles and Century Enka has revived investor interest i...
Reliance Industries to sell 49% stake in ‘Vimal’ to Chinese company"Our joint venture with Ruyi Group will help Reliance reposition its textile business on a high-growth path," said Nikhil R Meswani, execut...
Alibaba’s Jack Ma is second richest Asian, overtakes Mukesh AmbaniMa (50), a former English teacher, has overtaken Mukesh Ambani and Hong Kong's Lee Shau Kee. He now boasts of a personal wealth of $26.5 bi...
Adani eyes Indiabulls' 1,350 MW Amravati Thermal Power ProjectWhat makes Amravati power project attractive for the Gautam Adani-led group is that its phase one has been completed with two operational u...
LIC to buy Rs 1850 crore non-convertible debentures (NCDs) of private companiesThe Rs 500-crore NCD issue of Reliance Capital bears a coupon rate of 10.8% per annum and offers bullet redemption at the end of five years.
- CAG report: Coal India shines; may benefit from price rise
PSU major Coal India emerged as the biggest gainer among the sensex stocks in Thursday’s sell-off during which the index lost over 400 poin...
Dhirubhai Ambani's sons Mukesh and Anil to raise $2.5bn funds from international marketThe Ambani brothers who came together to celebrate Dhirubhai's birth anniversary have both made plans to hit the international market for f...
- Reliance Industries Ltd spurts on Valero Energy Corp takeover reports
Reliance Industries may be in talks to acquire US refiner Valero Energy Corp valuing thelatter at $27 billion, according to international m...
- Indian oil companies like Indian Oil, BPCL, HPCL may gain from fall in crude
The global uncertainty after the US could lead to a fall in the prices of crude oil, which could turn out to be a blessing for the oil mark...
- Mukesh Ambani unlikely to turn Reliance Industries zero-debt company by FY12
RIL with a debt of Rs 67,397 cr on its balance sheet is again seen raising billion of dollars of loans along with its subsidiaries to fund ...
- I-bankers agree to underwrite Tata Steel's follow-on issue
Bankers have agreed to underwrite, or buy the unsubscribed part of a Rs 3,477-crore equity issue by Tata Steel.
- Savings scheme for urban women launched
Coinciding with the International Women's Day, a private insurer launched a savings scheme called 'Empowered Women' for urban women here.
- Orbit’s FY06 profits in IPO draft, results fail to match
A Simple change in the accounting system can make a huge difference to the financials of a company.