initial public offering

Reliance Capital to pay special dividend of 50 percent


September 10th, 2012 - 6:08 pm ICT by IANS
Mumbai, Sep 10 (IANS) Reliance Capital Monday said it will pay shareholders a special interim dividend of 50 per cent, Rs.5 per equity share of Rs.10 each, in addition to ... Read more...

Posted in Business |

Anil Ambani group shares rally on dividend, stake sale talks


September 4th, 2012 - 7:49 pm ICT by IANS
Mumbai, Sep 4 (IANS) Share price of companies in the Anil Ambani-led Reliance Group saw a significant upswing Tuesday on the back of a slew of announcements at their back-to-back ... Read more...

Posted in Business |

Reliance Capital to consider special dividend: Ambani


September 4th, 2012 - 3:12 pm ICT by IANS
Mumbai, Sep 4 (IANS) To mark 25 years of Reliance Capital, chairman Anil Ambani Tuesday said the board will consider a special dividend Sep 10 even as talks were on ... Read more...

Posted in Business |

South Korea’s corporate direct financing drops


July 24th, 2012 - 1:47 pm ICT by IANS
Seoul, July 24 (IANS) South Korean companies' direct financing through issuing stocks and bonds dropped 10.2 percent in the first half of this year due to Europe's fiscal crisis and ... Read more...

Posted in Business |

Reliance Communications unit files paper for Singapore IPO


July 5th, 2012 - 6:39 pm ICT by IANS
New Delhi, July 5 (IANS) Reliance Communications said Thursday it has filed preliminary prospectus for an initial public offering (IPO) of its subsea telecommunications infrastructure network business in Singapore.The company ... Read more...

Posted in Business |

Russian social network delays IPO after Facebook crash


May 30th, 2012 - 11:37 am ICT by IANS
Moscow, May 30 (IANS/RIA Novosti) VKontakte, one of Russia's most-popular social networks, has postponed its initial public offering indefinitely after the flotation of the world's largest social network Facebook ... Read more...

Posted in Sci-Tech |

Vodafone India posts 19.5 percent hike in service revenue


May 22nd, 2012 - 9:45 pm ICT by IANS
Mumbai, May 22 (IANS) Vodafone India Tuesday posted a 19.5 percent increase in service revenue at Rs.3,21,184 million during the financial year ended March 31, but said its initial public ... Read more...

Posted in Business |

US stocks rally after worst week of year (Lead)


May 22nd, 2012 - 8:44 am ICT by IANS
New York, May 22 (IANS) US stocks rebounded Monday after major indexes suffered their worst weekly losses of the year in the previous week.The Dow Jones industrial average gained ... Read more...

Posted in Business |

US stocks rebound to start week


May 22nd, 2012 - 2:49 am ICT by IANS
New York, May 22 (IANS) US stocks rebounded Monday after major indexes suffered their worst weekly losses in the previous week.Investors were wary after leaders of eight industrial countries ... Read more...

Posted in Uncategorized |

Facebook CEO upgrades relationship status - Married (Lead)


May 20th, 2012 - 5:05 pm ICT by IANS
Washington, May 20 (IANS) Topping a very busy week after the launch of a flotation at the US stock exchange, Facebook co-founder and chief executive officer Mark Zuckerberg upgraded ... Read more...

Posted in World |

Facebook CEO marries longtime girlfriend


May 20th, 2012 - 2:13 pm ICT by IANS
Washington, May 20 (IANS) Mark Zuckerberg has added a new post to his timeline. He and longtime girlfriend Priscilla Chan have tied the knot.The Facebook co-founder and chief executive ... Read more...

Posted in World |

Wall Street extends loss


May 18th, 2012 - 5:52 am ICT by IANS
New York, May 18 (IANS) Wall Street extended losses Thursday, with the Dow Jones industrial average suffering its 11th loss in last 12 trading sessions, amid intensified fears about ... Read more...

Posted in Business |

Facebook sets IPO price at $38


May 18th, 2012 - 5:42 am ICT by IANS
New York, May 18 (IANS) Facebook Thursday set the price for its initial public offering (IPO) at $38 per share.The price came one day before Facebook begins to trade ... Read more...

Posted in Business |

Mainland China to expand to SE Asia


May 16th, 2012 - 7:21 pm ICT by IANS
Kolkata, May 16 (IANS) Speciality Restaurants, a fine dining operator which owns popular outlets like Mainland China, Oh! Calcutta and Sigree, Wednesday said it is planning to expand its footprints ... Read more...

Posted in Business |

IFC to take 15 percent stake in two SunEdison companies


May 10th, 2012 - 5:45 pm ICT by IANS
Chennai, May 10 (IANS) International Finance Corporation (IFC), a part of World Bank, will be investing Rs.75 crore ($14.5 million) towards 15 percent stake in two holding companies of solar ... Read more...

Posted in Business |

Firms non-compliant with SEBI norms to face action


May 7th, 2012 - 10:32 pm ICT by IANS
Chennai, May 7 (IANS) Capital market regulator Securities and Exchange Board of India (SEBI) Monday warned of action against companies not complying with its norms on public shareholdings even as ... Read more...

Posted in Business |

RBI, budget big let down for Indian markets (Weekly market review)


March 17th, 2012 - 2:50 pm ICT by IANS
Mumbai, March 17 (IANS) Indian equities markets closed on a quiet note as several key events like the monetary policy and the federal budget failed to enthuse investors.The 30-scrip ... Read more...

Posted in Business |

Budget fails to impress markets, Sensex tanks 210 points (Roundup)


March 16th, 2012 - 7:53 pm ICT by IANS
Mumbai, March 16 (IANS) Finance Minister Pranab Mukherjee's budget proposals Friday failed to enthuse investors and a benchmark index for Indian equities markets closed nearly 210 points lower.The 30-scrip ... Read more...

Posted in Uncategorized |

Sensex up 101 points after Mukherjee concludes budget speech (Second Lead)


March 16th, 2012 - 3:08 pm ICT by IANS
Mumbai, March 16 (IANS) A benchmark index for Indian equities markets Friday was ruling 101 points higher as Finance Minister Pranab Mukherjee finished his 110-minute budget speech laden with ... Read more...

Posted in Business |

TCG Lifesciences to foray into bio-tech medicine


February 16th, 2012 - 11:26 pm ICT by IANS
Kolkata, Feb 16 (IANS) Kolkata-based contract research company TCG Lifesciences will foray into the field of bio-tech medicine in the next two years, a top company official said Thursday."We are ... Read more...

Posted in Business |

Cash-rich Piramal picks up another 5.5 percent in Vodafone


February 4th, 2012 - 5:38 pm ICT by IANS
New Delhi, Feb 4 (IANS) Piramal Healthcare Saturday announced it would buy a 5.5 percent stake in Vodafone India for Rs.3,007 crore ($618 million), taking the total stake of the ... Read more...

Posted in Uncategorized |

Facebook IPO boosts growth of Chinese sites


February 3rd, 2012 - 7:52 pm ICT by IANS
Beijing, Feb 3 (IANS) Facebook's planned initial public offering (IPO) will give impetus to China's social networking sites and boost their development, industry leaders here said.Facebook filed with the ... Read more...

Posted in Business |

Facebook files for $5 bn IPO


February 2nd, 2012 - 3:08 pm ICT by IANS
Washington, Feb 2 (IANS/RIA Novosti) Facebook has filed for an initial public offering (IPO) to raise at least $5 billion for the world's largest social network, according to documents ... Read more...

Posted in Business |

Austrian firm picks up 25 percent equity stake in GP Energy


January 30th, 2012 - 8:42 pm ICT by IANS
Kolkata, Jan 30 (IANS) Gussing Renewable Energy (GRE), an Austrian renewable energy solutions company, has picked up 25 percent equity stake in city-based GP Energy, a biomass gasification systems manufacturing ... Read more...

Posted in Business |

Facebook to become publicly-listed company


January 30th, 2012 - 7:40 pm ICT by IANS
London, Jan 30 (IANS) Social network Facebook will soon become a publicly-listed company, valued at $75-100 billion, Sky News reported Monday.According to the Financial Times and The Wall Street ... Read more...

Posted in World |

US stocks mixed amid Greek debt talks (Lead)


January 28th, 2012 - 5:05 am ICT by IANS
New York, Jan 28 (IANS) US stocks ended mixed Friday as investors weighed conflicting economic data against the ongoing Greek debt swap talks.The Dow Jones industrial average lost 74.17 ... Read more...

Posted in Business |

South Korea’s corporate financing hits new high in 2011


January 25th, 2012 - 2:24 pm ICT by IANS
Seoul, Jan 25 (IANS) South Korean companies' direct financing through issuing stocks and bonds hit a new high last year due to a surge in corporate debt sales, a financial ... Read more...

Posted in Uncategorized |

Russian gold producer eyes London IPO


January 19th, 2012 - 5:51 pm ICT by IANS
Moscow, Jan 19 (IANS/RIA Novosti) One of Russia's largest gold producers, Uzhuralzoloto Group, may hold an initial public offering in London to raise $200 million this spring, Kommersant business daily ... Read more...

Posted in Business |

India clears 20 FDI proposals worth $373 million


January 10th, 2012 - 7:20 pm ICT by IANS
New Delhi, Jan 10 (IANS) The Indian government Tuesday approved 20 foreign direct investment (FDI) proposals, including those of Sterlite Grid and TV Vision, amounting Rs.1,935.24 crore ($373 million), to ... Read more...

Posted in Business |

Goldman Sachs chosen adviser for Russian airport’s sale


December 20th, 2011 - 4:52 pm ICT by IANS
Moscow, Dec 20 (IANS/RIA Novosti) Russia's largest airport, Moscow's Domodedovo, has chosen Goldman Sachs investment bank as an adviser for the airport's possible sale, a banking source told Prime news ... Read more...

Posted in Business |

Facebook discussing filing IPO in 2012


November 30th, 2011 - 11:16 pm ICT by Aishwarya Bhatt
New York, Nov 30 (THAINDIAN NEWS) Facebook is reportedly in talks for an initial public offering in April 2012. The social networking site which is home to about 800 million users will ... Read more...

Posted in Technology Industry News |

Need clarification on Foreign Currency Regulation Act: CII


November 13th, 2011 - 4:58 pm ICT by IANS
New Delhi, Nov 13 (IANS) A leading Indian industry lobby Sunday called for changes and clarification in the Foreign Currency Regulation Act (FCRA) on certain sections which, it said, hindered ... Read more...

Posted in Uncategorized |

Groupon IPO raises $700 million


November 4th, 2011 - 11:16 pm ICT by Aishwarya Bhatt
New York, Nov 4 (THAINDIAN NEWS) Groupon’s IPO has become the second largest Internet business. The company has generated $700 million with its initial public offering. When Google went public in 2004, ... Read more...

Posted in Technology Industry News |

No disinvestment in Air India: Minister


October 20th, 2011 - 6:18 pm ICT by IANS
New Delhi, Oct 20 (IANS) Civil Aviation Minister Vayalar Ravi Thursday said the government was not considering selling its stake in the national carrier Air India."There is no such ... Read more...

Posted in Business |

State run firms become largest in terms of market capitalisation


August 19th, 2011 - 4:36 pm ICT by IANS
Mumbai, Aug 19 (IANS) State-run companies Coal India and ONGC Friday became the most valuable companies by market capitalisation, with the public-owned oil and gas major pushing Mukesh Ambani-led Reliance ... Read more...

Posted in Business |

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