RSS FeedSaudi Arabia's Prince Alwaleed Backs Citigroup Under Pandit
November 20, 2008 | TEAM VCCAlwaleed has agreed to up his holding to 5%. Yesterday, the shares of Citigroup plunged 23% to a 13 year low.
Biggies Let IPO Filings Lapse; Avesthagen For Another PE Round
November 17, 2008 | PALLAVI SReliance Infratel, Jaiprakash Power, UTI AMC, Avesthagen are some of the 28 cos deferring IPOs....
Hedge Fund Buys Into Seven Indian Firms On Friday
November 15, 2008 | MADHAV A CHANCHANIApis Capital has picked up stakes between 1.6% to 5.5% in seven listed cos for around Rs 63 crore. ...
Reliance Eyes Exchange Business In Nigeria; Hires Rajnikant Patel
November 07, 2008 | PALLAVI SReliance Money, after Hong Kong, is eyeing a fresh exchange in Nigeria. BSE's Patel joins the group....
SEBI Releases Framework For SME Exchanges
November 05, 2008 | MADHAV A CHANCHANISEBI plans multiple SME exchanges or platforms to provide the necessary competition in this space. ...
Singhs To Underwrite Religare's Rs 1,800 Cr Rights Issue
October 31, 2008 | MADHAV A CHANCHANIThe cash rich Singhs, who sold Ranbaxy to Daiichi Sankyo, are pumping money into financial services empire. ...
Suzlon Drops $360M Rights Issue; REpower's Tech Transfer In Limbo
October 27, 2008 | MADHAV A CHANCHANIThe company will now look at other fund raising alternatives which could include a private placement....
Sensex Down By More Than 1,000 Points, Under 9,000
October 24, 2008 | TEAM VCCIndian markets fell by 10% following a global sell-off amidst fears of lower corporate earnings and slowdown....
Morgan Stanley Turns A Buyer; Picks Up Bank Of India Shares For $21M
October 22, 2008 | PALLAVI SLast month's biggest seller has started buying. FII has bought Bank of India and Redington shares....
Norway's Wealth Fund To Invest $2b In Indian Equity
October 22, 2008 | PALLAVI SIndian allocation has been enhanced recently to 0.94% of the total corpus from the earlier 0.2%...
JP Associates To Raise 1800 Crore Through Rights Issue
October 21, 2008 | PALLAVI STata Motors and Hindalco failed to attract their rights issue and the promoters had to chip in with extra cash....
