Markets
General
SEBI sets new rules to prevent flash crashes
Market regulator Securities and Exchange Board of India (SEBI) unveiled a new set of measures, including reducing the trading band ......
Infrastructure
Puravankara promoters hiring bankers for stake dilution, decision by Jan-end
Promoters of Bangalore-based real estate developer Puravankara Projects Ltd are looking to hire bankers and are likely to come up ......
TMT
Bharti Infratel's up to $830M IPO fully covered
Telecommunications tower operator Bharti Infratel Ltd's initial public offering for up to $830 million, India's biggest IPO in two years, ......
TMT
Kerala startup MobME Wireless to list on NSE SME Exchange
MobME Wireless Solutions Pvt Ltd, a Kerala-based mobile VAS provider, has announced its plans to go for an initial public ......
TMT
BT selling $183 million stake in Tech Mahindra
BT is selling its 9.1 percent stake in Tech Mahindra in a deal expected to raise about $183 million and ......
Consumer
Jatias consolidating half of McDonald's India ops within listed firm Westlife, looking to raise funds
BL Jatia Group is consolidating Hardcastle Restaurants Pvt Ltd with a subsidiary of the public-listed firm Westlife Development Ltd. Hardcastle ......
General
I-bank AGacquisitions to launch hedge fund; focus on index strategy
Bangalore-based boutique investment bank AGacquisitions India is foraying into the alternative investment market by launching a new hedge fund, with ......
Infrastructure
I have not sold my Family Silver, I have only embellished it: Vijay Mallya
The king of good times, Vijay Mallya, while addressing the media in a conference call related to the big ticket ......
General
Mahindra & Mahindra Financial Services to raise $175M
Mahindra & Mahindra Financial Services (MMFSL) plans to raise $175 million (Rs 925 crore) through a Qualified Institutional Placement (QIP).The ......
General
Magma Fincorp acquires GE Capital India's housing finance & home equity loans biz
PE-backed Magma Fincorp has signed definitive agreements for the acquisition of 100 per cent equity share capital of GE Money ......