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Galaxy Surfactants Raises $6M From 3 Anchor Investors; Floats IPO

Infrastructure

13 May, 2011

Galaxy Surfactants Raises $6M From 3 Anchor Investors; Floats IPO

Personal and home care products maker Galaxy Surfactants Ltd has raised Rs 30.24 crore or $6.7 million from three anchor ......

PE-Backed Steel Parts Maker Innoventive Gets A Poor Debut In Bourses

General

13 May, 2011

PE-Backed Steel Parts Maker Innoventive Gets A Poor Debut In Bourses

Standard Chartered PE-backed engineering firm Innoventive Industries Ltd made a poor debut on Friday, listing 5.9 per cent below issue ......

Change Of Guard At Patni Computers

TMT

12 May, 2011

Change Of Guard At Patni Computers

Phaneesh Murthy has taken over as the MD & CEO of Patni Computer Systems, replacing K Jeya Kumar who was ......

Banking Dispenses Strong Earnings, But Is All Well With The Sector?

General

12 May, 2011

Banking Dispenses Strong Earnings, But Is All Well With The Sector?

Banks have churned out strong earnings for the quarter ended March 31, boosted by high demand for loans, even as ......

Ruia Group Acquires Auto Ancillary Cos Standard Profil, Meteor

Infrastructure

11 May, 2011

Ruia Group Acquires Auto Ancillary Cos Standard Profil, Meteor

Kolkata-based Pawan Ruia Group is on an acquisition drive, striking its fourth deal in less than a year. The group ......

Post-Fall, SKS Whips Off Gold Loan Carrot; Stock Hits Upper Circuit

General

11 May, 2011

Post-Fall, SKS Whips Off Gold Loan Carrot; Stock Hits Upper Circuit

Microfinance lender SKS Microfinance’s share is in hot demand right now. The scrip hit the upper circuit with price rising ......

Sequoia's Roller Coaster Ride With SKS: The Gains & The Losses

General

11 May, 2011

Sequoia's Roller Coaster Ride With SKS: The Gains & The Losses

Sequoia Capital India was the first venture capital firm to spot microfinance as a sector that a VC can invest ......

Future Ventures' Dim Debut; Stock Trading Below Par

Others

10 May, 2011

Future Ventures' Dim Debut; Stock Trading Below Par

Kishore Biyani owned investment and business management firm Future Ventures Ltd, modeled after Berkshire Hathway, had a disappointing debut on ......

Charter Air Firm Files For IPO; Will It Fly?

Others

09 May, 2011

Charter Air Firm Files For IPO; Will It Fly?

Charter airline service firm Swajas Air Charters Ltd is in the market to raise Rs 37.5 crore ($8.4 million). It ......

iGate Open Offer For Patni Subscribed; Delisting On Cards?

TMT

09 May, 2011

iGate Open Offer For Patni Subscribed; Delisting On Cards?

Nasdaq-listed iGate has completed its open offer to acquire 20 per cent stake in Indian IT services firm Patni Computer ......