These 200 companies will be 'compulsorily' delisted by BSE tomorrowThe move also comes at a time when authorities are clamping down on shell cos for allegedly being used as conduits for illicit fund flows.
Sebi seeks help from telcos, banks over SMS-based investment scamsSebi has enhanced surveillance on such securities so as to ensure that no unscrupulous players take genuine investors for a ride.
China-India cooperation centre formed to boost trade, researchTwo Chinese influential government-backed institutions have teamed up with an Indian media group to set up a multi-disciplined body in Chin...
Nectar Lifesciences put on the block, promoters to offload 44.35% stakeThe promoters, Sanjiv Goyal and family, are planning to sell their 44.35% stake in the company along with NSR’s 11.59%.
- Kingfisher Airlines turns to Mallya's business partners for funds
The troubled Kingfisher Airlines Ltd has once again turned to business associates of its billionaire promoter Vijay Mallya for capital infu...
- Kingfisher in talks with investors on GDR issue: Mallya
Kingfisher Airlines has resumed talks with investors for issuing global depository receipts (GDR) to raise around USD 300 million, its owne...
- Tata Power to raise Rs 1,400 cr by selling 15% in 2 coal SPVs
Tata Power will raise $300 million by selling a 15% stake in two SPVs, which own coal mines, to fund acquisitions. How countries have coped...
- US' Apollo Management to acquire 11% in Dish TV for $100 m
Dish TV is raising the funds through issue of global depository receipts (GDR) to acquire new subscribers.
- Kingfisher to increase international services
Kingfisher Airlines, which had rapidly expanded its international network till a few years ago, is now looking at increasing frequency of s...
- ACC to delist GDRs from LSE
ACC, the country’s largest cement maker, has proposed to delist its global depository shares from the London Stock Exchange. The GDRs have ...
- Back on track: IPO mkt recovers
Recent decision of the SEBI to cut timeline for rights issues and change pricing rules will enable India to improve its ratings in global I...
- Corporate events this week
Corporate events this week
- Warburg Pincus affiliates up stake in Moser Baer
Affiliates of private equity investor Warburg Pincus LLC have hiked their stake in optical storage media company Moser Baer India to 33.75 ...
- Federal Bank may tap market to fund expansion
Federal Bank, which raised Rs 350 crore through a GDR issue in January this year, may look at raising fresh capital to fund its aggressive ...
- Federal Bank wants more to fund growth
After raising Rs 350 crore through a GDR issue, Federal Bank needs more money to fund its growth plans.
- Sanwaria Agro in talks with Australian cos
Sanwaria Agro Oils Ltd is in talks with cos in Australia for a 50:50 JV in warehousing and logistics.
- Infy plans sponsored ADS for 30m shares
Infy shareholders are in for a bonanza. At the company’s board meeting held on Wednesday, the directors decided to go in for a third sponso...