Indian Stock Market

Lookback : Lavasa IPO

admin — Sun, 01 Aug 2010 08:11:26 +0000

Lavasa Corp IPO is coming soon. Its a subsidiary of HCC. Read our previous post on Lavasa corp IPO

Reliance ADAG , Universal Studios Joint Venture for Theme Park in India

admin — Sat, 31 Jul 2010 17:13:21 +0000

Reliance ADAG , Universal Studios Joint Venture for Theme Park in India Reliance ADA Group is in talks with Universal Studios to build a $1.5 billion, 400-acre theme park and resort in India, the Wall Street Journal reported on Thursday, citing a person familiar with the matter. Reliance’s Big Entertainment unit and Universal, a unit [...]

Infotel Broadband Services fund raising from RBS and co

admin — Sat, 31 Jul 2010 17:09:25 +0000

Infotel Broadband Services has raised $500 million from a Royal Bank of Scotland and other banks. The issue was completed by June end, the bankers said. “The cheque has already been presented to RIL,” said a banker, who was one of the three people. The tenure of the loan is six years. Mukesh Ambani-led Reliance [...]

Century Shipping : Century textiles to re start shipping

admin — Wed, 28 Jul 2010 12:43:08 +0000

Century Textiles is planning to re start shipping business again. No other details are available now.

Reliance and Essar trying to get BP’s African Retail operation

admin — Wed, 28 Jul 2010 12:41:44 +0000

Reliance and Essar trying to get BP’s African Retail operation Mukesh Ambani-run Reliance Industries and Essar Oil are among about half a dozen firms in race to buy crisis-hit British energy giant BP’s fuel marketing assets in east African countries. BP is selling retail outlets, terminals and aviation fuel stations in Botswana, Tanzania, Namibia, Malawi [...]

Endhiran Audio launch

admin — Wed, 28 Jul 2010 12:18:24 +0000

SKS Microfinance IPO

admin — Wed, 28 Jul 2010 11:18:16 +0000

SKS Microfinance IPO is opening today for subscription. Its a very unique IPO as market has not seen such company tapping investors. Yes. SKS Micor finance is in the business of Microfinance as the name suggests. About the issue: SKS Microfinance’s IPO of 16.8 million equity shares would open on July 28. Price band : [...]

Aban Offshore breaks out of lull

admin — Wed, 28 Jul 2010 11:03:28 +0000

Aban Offshore counter has seen a good junp today after months of lull. The reason for todays jump is due to claim settlement of $235 million. The company has said it has received 975 of the amount and the balance will be on way soon. The shares gained almost 9% today . I have been [...]

Endhiran Audio launch on July 31

admin — Tue, 20 Jul 2010 11:11:42 +0000

Endhiran Audio launch on July 31 2010. Rajni fans enjoy

Think Music pays Rs 7 crore for Audio rights of Endhiran

admin — Sun, 18 Jul 2010 19:21:14 +0000

Think Music has paid Rs 7 crore for Audio rights of Endhiran.This is among the highest amount for audio rights in Indian Film history. There was a strong bidding war between Sony Music and Think Music. Think Music won the deal by paying a huge sum. If audio rights of Endhiran fetches Rs 7 crores [...]

Vodafone Essar IPO

admin — Sat, 17 Jul 2010 21:40:48 +0000

Telecom sector IPO after years. Im excited so do you. Vodafone Essar IPO might go live soon. Essar group is trying to sell stake in vodafone through IPO. Essar is British firm Vodafone’s partner in India’s No. 3 mobile firm, Vodafone Essar, in which it holds a 33 per cent stake. The talks are preliminary, [...]

Adani Enterprises acquiring coal mine in Australia from Linc Energy

admin — Tue, 13 Jul 2010 18:10:06 +0000

Adani Enterprises is acquiring coal mine in Australia from Linc Energy. Gautam Adani’s Adani Enterprises is close to acquiring a coal mine for $1 billion in Queensland, Australia from Linc Energy, two independent sources close to the development said. The coal block is expected to have reserves of 7-8 billion tones. The acquisition is under [...]

Essar Power buys Navabharat Power

admin — Tue, 13 Jul 2010 18:07:00 +0000

Essar Power buys Navabharat Power About Essar Power: Essar Power Limited, a subsidiary of London-listed Essar Energy plc, is acquiring a 100% stake in 2250 MW Navabharat Power Pvt Ltd in Orissa. Essar Power plans to initially acquire a 76% stake, with the balance 24% being acquired upon completion of certain project milestones. About NavaBharath [...]

SRL Ranbaxy eyes Piramal Diagnostic Business

admin — Mon, 12 Jul 2010 03:12:00 +0000

Piramal Healthcare is all set to sell off its diagnostic business arm, reports CNBC-TV18, quoting sources. Malvinder Singh’s Super Religare Laboratories is likely to be the buyer. This comes less than two months after Piramal struck the USD 2 billion Abbott deal. CNBC-TV18 learns that this deal is expected to be between Rs 600 to [...]

Karuturi Global raises cut rose prices by 15-20 per cent

admin — Thu, 08 Jul 2010 10:26:22 +0000

Karuturi Global raises cut rose prices by 15-20 per cent “Prices may move upwards this year by at least 15-20 per cent,” said Sai Ramakrishna Karuturi, founder and managing director of the world’s largest rose plantation, spread over 300,000 hectares in India, Ethiopia and Kenya. The head office is in Bangalore. Currently, the short cut [...]