January 17, 2013 | TEAM VCC
The market regulator finds that some listed cos have framed their employee benefit schemes where trusts have been set up to deal in their own securities in the secondary market.
January 16, 2013 | Bruhadeeswaran R
Post the regulatory crackdown in FY12, MFIs have been securitising a larger portion of their portfolios than ever before.
January 07, 2013 | Diksha Dutta
Kaya’s chief executive Ajay Pahwa is quitting and his role in the demerged listed firm will be taken over by Vijay Subramaniam, Marico’s existing head of international business.
January 07, 2013 | Reuters
The cabinet approved a 9.5% stake sale in NTPC, which could raise as much as $2.3B, to help rein in its ballooning fiscal deficit.
January 02, 2013 | Pooja Sarkar
Blackstone and Fairbridge own majority stake in Gokaldas Exports and Thomas Cook (India), respectively.
December 28, 2012 | Reuters
Lenders were the top performers among sectors, with the BSE banking index up nearly 57 percent. Real estate and fast-moving consumer goods (FMCG) were the next best sectoral performers.
December 28, 2012 | TEAM VCC
In dollar terms, investors such as Temasek and KKR are sitting on a bigger notional loss on their investment made at the peak of the stock market boom five years ago.
December 26, 2012 | Vivek Sinha
Even after a run-up in price, the ratings-cum-research firm is trading at a discount, compared to its peers S&P-backed CRISIL & Moody’s-backed ICRA, as per VCCircle estimates.
December 19, 2012 | Pooja Sarkar
Promoters looking to use the tailwind from recent asset sales to generate investor interest, which has been subdued due to debt pile-up.
December 17, 2012 | TEAM VCC
A slew of DTH services providers are PE-backed companies, including the top two players – Dish TV (Apollo Management) & Tata Sky (Temasek).
December 14, 2012 | Reuters
The measures come after an erroneous trade order of more than $125m from a broker at Emkay Global Financial Services sent shares sharply lower in Oct.
December 13, 2012 | Pooja Sarkar
Ravi Purvankara needs to cut holding by approximately 14%, which is worth Rs 286Cr currently.
December 12, 2012 | Reuters
Britain's biggest fixed-line telecoms company is also one of the major clients of Tech Mahindra, which provides technology services to global telecoms operators, and its exit is likely to cloud the outlook for future contracts from BT.
Jatias consolidating half of McDonald’s India ops within listed firm Westlife, looking to raise funds
December 07, 2012 | Diksha Dutta
Jubilant Foodworks, the India franchisee for Domino’s chain which is twice the size of Hardcastle, has a market cap of Rs 8,500cr, as against Westlife’s Rs 275cr.
November 09, 2012 | Pooja Sarkar
Bulk of the money raised from the deal may go for revoking promoters pledged shares of United Spirits and to public listed group firm United Breweries (Holdings).
November 08, 2012 | Bruhadeeswaran R
KKR & IFC-backed NBFC would get access to loan assets worth Rs 1,600 crore as part of the twin deal valued at book value.