Markets
TMT
Raju Resigns From Satyam, Admits To Fraud
Satyam's Chairman B. Ramalinga Raju has resigned from the company. In a shocking revelation today, Raju has also admitted to committing frauds ......
TMT
Satyam Promoters Now Own Only 3.6% In Tech Company
Ramalinga Raju-led promoters hardly have any stake in Satyam Computer Services, the tech company that hogged the headlines in the ......
Infrastructure
India Hospitality Corp. Posts $5.4 Mn Loss; Gets New CEO, COO
AIM-listed blank check firm India Hospitality Corp. (IHC) has announced a loss attributable to shareholders of $5.44 million or $0.20 ......
General
Lehman Asks For Bankruptcy Extension
Lehman Brothers Holdings Inc. has asked a U.S. bankruptcy court for a six-month extension to file its Chapter 11 bankruptcy ......
General
IPOs In 2008: A Damp Squib
2008 began with a bang and ended with a whimper for the primary market in the country. The IPO market ......
TMT
Rajus To Dilute Stake In Satyam; Will They Sell Out?
With investor groups flagging down Satyam Computer Services' share buyback plan, the management of the fourth largest IT services firm ......
General
Fund Mobilisation Through IPOs Lowest Since 2003
The onset of a bear market has shrunk the funds raised through public issues by 63% to Rs 16,927 crore ......
Healthcare
Fortis To Raise Rs 1,000 Cr Through Rights Issue
Hospital chain operator Fortis Healthcare Ltd. plans to raise funds worth Rs 1,000 crore through issue of equity shares with ......
TMT
Who Forged A SEBI Letter To Pyramid Saimira?
Bear market seems to be driving some punters to take desperate actions. Call it the work of some hard pressed ......
General
Ex-CLSA Execs At India Infoline Gets $35M Worth Options
India Infoline has replaced the warrants which were issued to the four top ex-CLSA executives Bharat Parajia, H Nemkumar, Aniruddha ......
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