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Russia opens first criminal case in stock price fixing


August 22nd, 2012 - 6:57 pm ICT by IANS
Moscow, Aug 22 (IANS/RIA Novosti) Russia has launched the country's first criminal case into stock market price manipulation, following a check by the Federal Financial Markets Service (FFMS).The check revealed ... Read more...

Posted in World |

Tata Motors to split shares in 1:5 ratio


August 16th, 2011 - 4:57 pm ICT by IANS
Mumbai, Aug 16 (IANS) Automobile giant Tata Motors Tuesday proposed to split its shares worth Rs.10 each into five shares with the value of Rs.two each."The board of Tata Motors ... Read more...

Posted in Business |

Seagate to acquire Samsung’s hard drive operations for $1.37 billion


April 19th, 2011 - 8:01 pm ICT by BNO News
SCOTTS VALLEY, CALIFORNIA (BNO NEWS) -- Seagate Technology Plc on Tuesday announced its agreement to acquire Samsung Electronics Co.'s hard disk drive operations for approximately $1.375 billion.Under the terms of the agreement, ... Read more...

Posted in Technology Industry News |

Spanish firm files for delisting from New York Stock Exchange


February 24th, 2011 - 12:21 pm ICT by IANS
Washington, Feb 24 (IANS/EFE) Spanish energy company Repsol-YPF officially informed the US Securities and Exchange Commission (SEC) of its decision to delist from the New York Stock Exchange, where its shares had ... Read more...

Posted in Business |

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 |

Tata Steel posts Rs.1,978.81 crore profit


November 12th, 2010 - 10:08 pm ICT by IANS
Mumbai, Nov 12 (IANS) Tata Steel Friday reported Rs.1,978.81 crore net profit for the second quarter of current fiscal as against Rs.2,707.25 crore loss during the corresponding quarter last year, on a ... Read more...

Posted in Business |

Hugh Hefner offers to take Playboy private


July 13th, 2010 - 11:55 am ICT by ANI
London, July 13 (ANI): Hefner Hefner has made a bid to take Playboy Enterprises private.Hefner has plans to buy all the shares he doesn't own currently, for 5.50 dollars a share ... Read more...

Posted in Entertainment |

Grameenphone launches Bangladesh’s largest IPO


October 4th, 2009 - 1:43 pm ICT by IANS
Dhaka, Oct 4 (IANS) Bangladesh's telecom major Grameenphone Sunday launched the country's largest initial public offering (IPO), hoping to raise Taka 4.8 billion ($80 million approximately) from the domestic market. The largest ... Read more...

Posted in Business |

Tata Motors rights issue later this month


September 2nd, 2008 - 5:42 pm ICT by IANS
New Delhi, Sep 2 (IANS) Tata Motors Tuesday said its proposed rights issue to raise Rs.42 billion will open this month-end.The right issues is aimed at part funding the short-term ... Read more...

Posted in Uncategorized |

Post-Corus, Tata Steel’s consolidated profits soar (Lead)


June 26th, 2008 - 10:29 pm ICT by IANS
Kolkata/Mumbai, June 26 (IANS) Tata Steel Ltd, which acquired Anglo-Dutch giant Corus Group Plc. last year, has registered a net consolidated profit of Rs.123.22 billion for the year ended March 31 2008, ... Read more...

Posted in Business |

Tata Steel posts net profit of Rs.123 bn


June 26th, 2008 - 9:34 pm ICT by IANS
Kolkata, June 26 (IANS) Tata Steel Ltd registered a net consolidated profit of Rs.123.22 billion for the year ended March 31 2008, compared to Rs.41.66 billion the previous fiscal. The board of ... Read more...

Posted in Business |

Sun Pharma challenges Israel’s Taro in US court


June 26th, 2008 - 8:23 pm ICT by IANS
Mumbai, June 26 (IANS) The city-based Sun Pharmaceutical Industries Wednesday filed a lawsuit against Israel's Taro Pharmaceutical Industries in the New York Supreme Court for the control of the latter's shares, the ... Read more...

Posted in Health Science |

Ansal Properties enters JV with Malaysia-based UEM


April 18th, 2008 - 11:08 pm ICT by admin
New Delhi, April 18 (IANS) Ansal Properties and Infrastructure Ltd (APIL) announced Friday that it has entered a joint venture (JV) with UEM Builders, a subsidiary of Malaysia-based UEM Group. The JV ... Read more...

Posted in Business |

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