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JPMorgan Cuts Share Price Target; SKS Microfinance Stock Falls 16.3%

General

06 May, 2011

JPMorgan Cuts Share Price Target; SKS Microfinance Stock Falls 16.3%

Shares in SKS Microfinance (SKSM.NS) fell 16 percent on Friday to an all-time low after JPMorgan cut its share price ......

Muthoot Finance Closes Flat On Debut

General

06 May, 2011

Muthoot Finance Closes Flat On Debut

India’s largest gold loan company Muthoot Finance closed just a tad higher than its issue price after a modest listing ......

News Roundup: Jindal Power Defers Rs 7,200Cr IPO

General

06 May, 2011

News Roundup: Jindal Power Defers Rs 7,200Cr IPO

Jindal Power Defers Rs 7,200Cr IPO - Jindal Power has deferred its plan to raise Rs 7,200 crore through initial ......

Credit Costs Up: End Of The Party For Non-Banking Finance Cos?

General

05 May, 2011

Credit Costs Up: End Of The Party For Non-Banking Finance Cos?

A short regulatory note within the monetary policy announcement by the Indian central bank early this week has implicitly pushed ......

News Roundup: PE Major May Buy 26% In Jyothy Labs

General

05 May, 2011

News Roundup: PE Major May Buy 26% In Jyothy Labs

PE Major May Buy 26% In Jyothy Labs - A global private equity giant is likely to acquire at least ......

Barclays Hires Standard Chartered's Tan Kah Chye

General

04 May, 2011

Barclays Hires Standard Chartered's Tan Kah Chye

Barclays Corporate, the corporate banking arm of the UK-based Barclays Group, has appointed Standard Chartered’s Tan Kah Chye as its ......

News Roundup: Renuka Ramnath's Multiples Raises $375M

General

04 May, 2011

News Roundup: Renuka Ramnath's Multiples Raises $375M

Renuka Ramnath's Multiples Alternate Raises $375M - Former ICICI Venture veteran Renuka Ramnath-led private equity (PE) fund Multiples Alternate Asset ......

Adani Buys Australian Coal Port For $2B

General

03 May, 2011

Adani Buys Australian Coal Port For $2B

Adani Group-owned Mundra Port and Special Economic Zone (MPSEZ) has announced the acquisition of Abbot Point Port in Australia in ......

News Roundup: JP Morgan In Talks For 10% Stake In SIS Security

General

03 May, 2011

News Roundup: JP Morgan In Talks For 10% Stake In SIS Security

JPMorgan In Talks For 10% Stake In SIS Security - Private security company SIS Security Services will soon offload 10% ......

Financing Boom: Manappuram Sales & Profits Zoom About 150% In 2010-11

General

06 May, 2011

Financing Boom: Manappuram Sales & Profits Zoom About 150% In 2010-11

Surging gold prices and the rising appetite of consumers to borrow money with family jewels as a collateral, have helped ......

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