ETA Star plans IPO, acquires mine in Mozambique
New Delhi: In order to fund its new power projects in India, ETA Star India Projects, the Indian subsidiary of Dubai's ETA Star group with a revenu...
Wednesday, 26 March 2008, 02:05 IST
SEBI says no to non-IPO first day price band
Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has asked the bourses to do away with imposition of first day price bands in...
Wednesday, 26 March 2008, 02:05 IST
Aptech to float joint venture with Chinese partner
Kolkata: Global learning solutions major Aptech is all set to float a new joint venture (JV) company with its Chinese partner. "Our board has re...
Tuesday, 25 March 2008, 00:51 IST
SAIL to enter Kerala through joint venture
Kozhikode, March 20 (IANS) The ailing Kerala government-owned Steel Complex Limited (SCL) will be managed by public sector behemoth Steel Authority...
Friday, 21 March 2008, 23:47 IST
Kerala seeks JVs with public sector for its sick units
Kozhikode: With a majority of government-owned industries in Kerala sick, the state is trying to form joint ventures (JV) with central public sector companies for their revival. "The companies under the central government have got good technology and financial strength. The companies here have out-of-date machineries. We need huge sums to rev...
Baring Pvt Equity picks up 12 percent stake in Sharekhan
New Delhi: Baring Private Equity has picked up 12 percent stake in Mumbai-based brokerage firm Sharekhan in a deal worth Rs 240 crore (60 million). The deal values the brokerage company at Rs 2,000 crore. The transaction is through a mix of secondary sale by the largest shareholder, Citigroup Venture Capital (CVC), and additional capital infusio...
NFOs now join troubled IPO club
Mumbai: Like IPOs, new fund offerings (NFO) also have witnessed a severe meltdown in their net asset values (NAV). Most NFOs launched in 2007 have ...
Hindustan Latex, Acumen Fund to build hospitals in India
Thiruvananthapuram: Hindustan Latex Ltd (HLL), a public sector undertaking under the union health and family welfare ministry, and Acumen Fund, a n...
Air India IPO only after performance review
New Delhi: The initial public offering (IPO) of the national carrier Air India would be floated only after a performance evaluation, Civil Aviation...
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