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PTI 06:08 PM | November 12,2009
The deal valued at $404.3 mn will take the LN Mittal-led firm’s stake to about 96% in the subsidiary
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PTI 05:57 PM | November 12,2009
The government may raise stake in public sector banks where it has close to 51% as part of recapitalization scheme
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Mark to Market | Manas Chakravarty, Ravi Ananthanarayanan, Mobis Philipose and Vatsala Kamat 12:33 AM | November 10,2009
Using the average AUM for the past year, the valuation works out to a higher level of 4.3% AUM, which is justifiable
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C.R. Sukumar 11:57 PM | November 09,2009
At a board meeting IVR Prime approved the valuation report, share swap ratio and fairness reports submitted by various agencies
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Reuters 05:45 PM | November 09,2009
The three companies tried to sell Firstsource last year in a deal valued at about $400 million, hiring Goldman Sachs, but potential buyers baulked at the price amid the global financial crisis
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Nishant Kumar / Reuters 10:10 AM | November 09,2009
State Bank of India, Punjab National Bank and Bank of Baroda will sell 6.5% each in UTI Trustee Company
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Reuters 02:35 PM | November 08,2009
Bharti Airtel director Akhil Gupta said last week the company would look at buying a stake in Zain if there was an opportunity, but there was nothing on the horizon
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PTI 04:48 PM | November 05,2009
Acquisition of BIAL shares will serve GVK’s strategic business objective of expanding into the airport business in India
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Reuters 03:40 PM | November 05,2009
The proceeds of the disinvestment will be used for capital expenditures on social security programmes, home minister P Chidambaram said
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Reuters 02:11 PM | November 04,2009
Novartis said on Wednesday the acquisition was part of a strategic initiative to build a vaccines industry leader in China and expand its limited presence in this booming market segment
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PTI 08:10 PM | November 02,2009
The government may offload a maximum of 10% of its stake in the state-run firm. Currently, its holdings in CIL stands at 100%
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10:09 PM | October 23,2009
The government asked ONGC to give discounts of Rs2,630 crore to refiners
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Debarati Roy / Bloomberg 09:58 PM | October 23,2009
The company received approval for a public offer equivalent to 10% of existing capital
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PTI 07:37 PM | October 21,2009
The government will mobilize around Rs8,000 crore through the FPO at current share prices
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PTI and Bloomberg 12:09 AM | October 14,2009
The plan panel would analyse the coal ministry’s progress in view of the target set in the 11th Five-year Plan
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