institutional investors

Infosys on course correction to spur growth: Kamath


June 9th, 2012 - 11:09 pm ICT by IANS
Bangalore, June 9 (IANS) India's IT bellwether Infosys Ltd. is on a course correction to align with the paradigm shift in technology business to products and platforms from services business, ... Read more...

Posted in Business |

Facebook set to raise $16 bn with largest tech IPO


May 18th, 2012 - 11:16 am ICT by IANS
Washington, May 18 (IANS) Pricing its IPO at $38 a share, Facebook, the highly popular social networking site that has over 45 million users in India, is expected to ... Read more...

Posted in Sci-Tech |

P-notes holders will not be taxed: Mukherjee


March 30th, 2012 - 3:53 pm ICT by IANS
New Delhi, March 30 (IANS) Trying to soothe the nerves of overseas investors, Finance Minister Pranab Mukherjee Friday said holders of Participatory Notes (P-notes) derivatives through which foreign nationals ... Read more...

Posted in Business |

Mexican oil giant sells $327 mn in bonds


March 14th, 2012 - 11:41 am ICT by IANS
Mexico City, March 14 (IANS/EFE) State-owned oil giant Petroleos Mexicanos said it sold 300 million Swiss francs ($327 million) worth of bonds on the international market.The seven-year bonds, which carry ... Read more...

Posted in Business |

Kannur airport to begin operations in 2015


February 7th, 2012 - 6:39 pm ICT by IANS
Thiruvananthapuram, Feb 7 (IANS) Kerala's fourth international airport at Kannur would begin operations in 2015, K.Babu, the state's minister in charge of the airport, said Tuesday.Babu told reporters here that ... Read more...

Posted in Business |

Broadridge enters pact with IiAS


February 2nd, 2012 - 9:25 pm ICT by IANS
Hyderabad, Feb 2 (IANS) Broadridge Financial Solutions, Inc. and Institutional Investor Advisory Services India Limited (IiAS) Thursday jointly announced an alliance for the sale and distribution of IiAS proxy research ... Read more...

Posted in Business |

Advertising firm Jivox gets $8.2 mn venture funding


November 2nd, 2011 - 10:53 pm ICT by IANS
Bangalore, Nov 2 (IANS) Global interactive online video advertising firm Jivox Wednesday secured $8.2 million funding from Fortisure Ventures LLC headed by an Indian chief executive and three institutional investors.The ... Read more...

Posted in Business |

Small investors entitled for Kannur airport equity


October 17th, 2011 - 3:16 pm ICT by IANS
Thiruvananthapuram, Oct 17 (IANS) Small investors can apply for equity in Kerala's newest international airport at Kannur which will be ready by 2013, a minister said Monday."The board of directors ... Read more...

Posted in Business |

Mukherjee to lead high-level business delegation to US


August 18th, 2011 - 5:03 pm ICT by IANS
New Delhi, Aug 18 (IANS) Finance Minister Pranab Mukherjee, accompanied by three other cabinet colleagues, senior government officials and corporate leaders, will visit the United States next month to ... Read more...

Posted in Business |

Tamil Nadu firm to cultivate cotton, soya in Ethiopia


July 26th, 2011 - 8:01 pm ICT by IANS
Chennai, July 26 (IANS) Coimbatore based start-up venture Sara Cotton Fibres Private Ltd plans to cultivate cotton and soya in 25,000 acres in Ethiopia and also set up a cotton ... Read more...

Posted in Business |

Sensex climbs 522 points on global cues (Weekly market review)


July 2nd, 2011 - 3:19 pm ICT by IANS
Mumbai, July 2 (IANS) The benchmark indices of Indian equities markets gained nearly three percent in weekly trade as institutional investors showed good buying support, taking cues from the ... Read more...

Posted in Business |

Sensex climbs 152 points on firm global cues (Roundup)


June 30th, 2011 - 8:59 pm ICT by IANS
Mumbai, June 30 (IANS) A benchmark index for Indian equities markets climbed 152 points Thursday, closing in the positive for the sixth consecutive session, led by good buying support ... Read more...

Posted in Business |

Bangladesh floats $682 million mutual fund


May 5th, 2011 - 12:41 pm ICT by IANS
Dhaka, May 5 (IANS) The Bangladesh Fund, an open-ended mutual fund worth $682.5 million, came into operation Thursday with regulator Securities and Exchange Commission (SEC) approving its registered trust deed ... Read more...

Posted in Uncategorized |

Gujarat NRE Coke’s Australian subsidiary raises Rs.320 crore


February 17th, 2011 - 2:52 pm ICT by IANS
Mumbai, Feb 17 (IANS) Gujarat NRE Coke Ltd Thursday said its Australian subsidiary has raised over Rs.320 crore through an institutional placement done by book building mechanism. "The placement, which opened on ... Read more...

Posted in Business |

New study finds CEOs are rewarded for wrong kind of growth


January 5th, 2011 - 5:10 pm ICT by ANI
Washington, Jan 5 (ANI): A new study from University of Toronto has found that many CEOs are being rewarded for company growth resulting from investments instead of improved profitability.Partha Mohanram said that ... Read more...

Posted in Business |

Investing In Facebook May Not Be A Possibility


January 4th, 2011 - 6:57 pm ICT by GD
By Ranjan Bhaduri Jan 4, (THAINDIAN NEWS) The user base and asset of Facebook is growing with time. The popular social networking service has over 550 million users and it is worth $50 ... Read more...

Posted in Technology Industry News |

Coal India production falls short of target


November 2nd, 2010 - 12:57 am ICT by IANS
Kolkata, Nov 1 (IANS) Coal India, the country's biggest miner, saw its coal production increase marginally by 0.7 percent during the first half of the 2010-11 fiscal compared to the same period ... Read more...

Posted in Business |

Chinese automaker considering purchase of large stake in GM


September 21st, 2010 - 3:46 am ICT by BNO News
DETROIT (BNO NEWS) – China’s largest car manufacturer, SAIC Motor Corp., on Monday said that the company is considering buying a sizable stake in General Motors Co. (GM) when the U.S. company ... Read more...

Posted in Business |

Mukherjee to visit US next month


September 20th, 2010 - 4:43 pm ICT by IANS
New Delhi, Sep 20 (IANS) Finance Minister Pranab Mukherjee will visit New York and Washington Oct 5-9 to take part in several meetings, including annual meet of the International Monetary Fund ... Read more...

Posted in Business |

India’s Adani eyes Australia’s coal reserves


August 2nd, 2010 - 8:41 am ICT by IANS
Sydney, Aug 2 (DPA) India's Adani Group Ltd is set to announce it has bought a coal tenement in Queensland's Galilee Basis from Australia's Linc Energy Ltd, news reports said Monday.The deal ... Read more...

Posted in Business |

Sensex slips in last session, ends with 50 points loss (Lead)


July 20th, 2010 - 7:02 pm ICT by IANS
Mumbai, July 20 (IANS) Selling in the last hour of trading pulled down a benchmark index for Indian equities Tuesday 50 points lower on negative cues from European bourses. The 30-scrip ... Read more...

Posted in Business |

Sensex slips from morning high of 18,000 plus


July 20th, 2010 - 3:22 pm ICT by IANS
Mumbai, July 20 (IANS) A benchmark index for Indian equities Tuesday slipped from its morning highs with the overall market turning sluggish in afternoon trade. The 30-scrip sensitive index (Sensex) of the ... Read more...

Posted in Business |

Agricultural Bank of China on track for record IPO


July 8th, 2010 - 12:53 am ICT by IANS
Beijing, July 7 (DPA) The Agricultural Bank of China Ltd is on track to attract a record $22.1 billion after pricing its initial public offering in Shanghai and Hong Kong, reports said ... Read more...

Posted in Business |

City Union Bank plans to raise Rs.1,000 crore


May 26th, 2010 - 9:33 pm ICT by IANS
Chennai, May 26 (IANS) Private sector City Union Bank has started discussions with institutional investors to raise Rs.1,000 crore for its business growth, a top bank official said Wednesday. "As per our plans ... Read more...

Posted in Business |

Rural Electrification Corp public offer oversubscribed 3.1 times


February 23rd, 2010 - 8:42 pm ICT by IANS
Mumbai, Feb 23 (IANS) The follow-on public offer by state-run Rural Electrification Corp was oversubscribed 3.1 times, primarily due to huge support from financial institutions. However, the small investor displayed low appetite ... Read more...

Posted in Business |

Investor sells Vedanta shares over human rights violations


February 18th, 2010 - 1:09 pm ICT by IANS
New Delhi, Feb 18 (IANS) After the Church of England, another British investor has decided to sell its shares worth 2.2 million pounds (Rs.159 million/$3.5 million) in the Indian-owned mining company Vedanta ... Read more...

Posted in Uncategorized |

Peerless scouts for foreign partner for mutual fund arm


February 9th, 2010 - 7:32 pm ICT by IANS
Kolkata, Feb 9 (IANS) Peerless Funds Management Company Ltd (PFMCL) is scouting for a foreign partner to further strengthen the business, a company official said here Tuesday. PFMCL, wholly owned subsidiary of Kolkata-based ... Read more...

Posted in Business |

US stocks surge on first trading day of 2010


January 5th, 2010 - 11:19 am ICT by IANS
New York, Jan 5 (DPA) US stocks posted strong gains on the first trading day of 2010 after some positive manufacturing figures fuelled optimism about the prospects for the US economy in ... Read more...

Posted in Business |

India will be made more attractive for investment: PM


November 8th, 2009 - 1:00 pm ICT by IANS
New Delhi, Nov 8 (IANS) Prime Minister Manmohan Singh Sunday said India will open its doors further to foreign investment and invited entrepreneurs from across the globe to participate in a ... Read more...

Posted in Business |

Natco Pharma launches anti-swine flu medicine (Business Capsule)


September 18th, 2009 - 7:45 pm ICT by IANS
Mumbai, Sep 18 (IANS) Drug maker Natco Pharma Friday said it has launched anti-swine flu drug Natflu. The maximum retail price of the medicine is fixed at Rs.480 for a bottle of ... Read more...

Posted in Business |

Mallya firm to raise $300 mn to reduce debt


September 10th, 2009 - 9:35 pm ICT by IANS
Bangalore, Sep 10 (IANS) India's liquor major United Spirits Ltd will raise about $300 million through private placement by October to reduce its debt burden, its chairman said Thursday. "We will raise the ... Read more...

Posted in Business |

DishTV to raise $200 mn through securities


August 18th, 2009 - 9:36 pm ICT by IANS
Mumbai, Aug 18 (IANS) Direct-to-home (DTH) major DishTV Tuesday said it will raise up to $200 million (Rs.1,000 crore) through issue of securities in the domestic and international markets. The company's shareholders ... Read more...

Posted in Business |

Punj Lloyd to raise Rs.670.18 crore


August 6th, 2009 - 2:30 pm ICT by IANS
Mumbai, Aug 6 (IANS) Engineering and construction major Punj Lloyd Thursday said it will raise Rs.670.18 crore through private placement of securities or via qualified institutional placements (QIP). The company will issue ... Read more...

Posted in Business |

Hindalco to raise $500 mn, net up 79 percent


July 31st, 2009 - 9:47 pm ICT by IANS
Mumbai, July 31 (IANS) Aluminium maker Hindalco Industries plans to raise $500 million (around Rs.2,400 crore) through issue of securities, including global depository receipts (GDRs), in both international and domestic markets. "In ... Read more...

Posted in Business |

Who Is Tyra Banks’ Boyfriend?


June 29th, 2009 - 6:45 pm ICT by GD
There has always been a lot of speculations surrounding the supposed romantic interest of Tyra Banks, mostly because she has always kept her private affairs hidden from the public eye successfully. ... Read more...

Posted in Entertainment |

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