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Gss Infotech

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BSE to shift 29 cos to restricted trade; NSE to move 6

Bombay Stock Exchange has decided to shift 29 firms, including 3i Infotech and CIL Nova Petrochemicals, to the restricted trading segment from next week to ensure safety in capital markets and......

M&As become big for PE-backed firms

Consolidation seems to the key word among private equity (PE) backed companies. In the first few months of 2011, about 20 merger & acquisition (M&A) deals worth $150 million took place.Last year,......

Over 42% money raised via IPOs lie unused

More than 42 per cent of the funds mobilised through initial public offers in the last one year are idling away either in banks or debt schemes. A total of 32 companies mopped up Rs 40,148 crore......

Sensex ends below 15,000, ICICI drops 14%

The Sensex opened with a huge negative gap of 433 points at 15,327 on weak cues from the overseas markets. Unabated selling saw the index slip below the 15,000-mark in early trades, and dropped......

Investors lose 24% value as 13 out of 18 IPOs flop

Investors have lost around Rs 3,000 crore (Rs 30 billion) so far as 13 of the 18 initial public offerslisted during the current calendar year till date are trading at a discount. The loss accounts......

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