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Groupon Files For $750M IPO; $644M Revenues In Q1, Still Losing Money

TMT

03 June, 2011

Groupon Files For $750M IPO; $644M Revenues In Q1, Still Losing Money

As expected, the world's pioneering daily deals company Groupon has filed for an initial public offering to raise upto $750 ......

What Is Groupon Business Model?

TMT

03 June, 2011

What Is Groupon Business Model?

What is the Groupon business model? The model is clearly stated in the IPO prospectus. We reproduce it here:The Business ......

Dynamatic Tech Acquires German Auto Component Firm Eisenwerke Erla

Others

02 June, 2011

Dynamatic Tech Acquires German Auto Component Firm Eisenwerke Erla

Mid-size engineering firm Dynamatic Technologies Ltd has acquired German automotive component maker Eisenwerke Erla Gmbh from the Sanmar Group for ......

HSIL Acquires Mumbai-Based Packaging Co For Rs 89Cr

Infrastructure

02 June, 2011

HSIL Acquires Mumbai-Based Packaging Co For Rs 89Cr

Hindustan Sanitaryware & Industries Ltd (HSIL) on Thursday said it is joining hands with its promoters -- the Somany family ......

Sedgwick Acquires BPO Firm Cambridge Solutions' US Arm For $22M

Others

02 June, 2011

Sedgwick Acquires BPO Firm Cambridge Solutions' US Arm For $22M

Business process outsourcing firm Cambridge Solutions Ltd has sold its loss-making wholly owned arm Cambridge Integrated Services Group, Inc. (CISGI), ......

News Roundup: Adani May Sell Coal Stake In London IPO

General

02 June, 2011

News Roundup: Adani May Sell Coal Stake In London IPO

Adani May Sell Coal Stake In London IPO - Adani Enterprises Ltd. (ADE), India’s biggest coal importer, may sell shares ......

Clearwater In Part-Exit Mode; Offloads Another 2% in Sayaji Hotels

Infrastructure

01 June, 2011

Clearwater In Part-Exit Mode; Offloads Another 2% in Sayaji Hotels

Private equity firm Clearwater Capital Partners has sold 2 per cent stake in hospitality firm Sayaji Hotels to its promoters ......

Rajasthan Ventures Acquires 30% Stake In Shree Eduserve

General

01 June, 2011

Rajasthan Ventures Acquires 30% Stake In Shree Eduserve

 Jaipur-based Rajasthan Ventures Capital Fund (RVCF) has acquired 30 per cent stake in its first round of funding in Shree ......

Retail Investors Back Timbor; IPO Sails Through On Penultimate Day

General

01 June, 2011

Retail Investors Back Timbor; IPO Sails Through On Penultimate Day

The initial public offer of Ahmedabad-based furniture-maker Timbor, backed by ad-for-equity media investors Bennett, Coleman & Co. Ltd and Dainik ......

Godrej Consumer Products Buys Majority Stake In Africa's Darling Group

General

01 June, 2011

Godrej Consumer Products Buys Majority Stake In Africa's Darling Group

Mumbi-based Godrej Consumer Products Ltd (GCPL) makes another foray into the global market as it has entered into an agreement ......