BS Reporter &Amp; Bloomberg

Stories by BS Reporter &Amp; Bloomberg

Sun Pharma seeks shareholders' nod for Rs 12,000-crore QIP

Sun Pharma seeks shareholders' nod for Rs 12,000-crore QIP

Rediff.com   12 Sep 2014

Sun Pharma stated the company wanted shareholders' approval to "issue, offer and allot equity shares or non-convertible securities, other than warrants, up to an amount of Rs 12,000 crore ($2 billion), to qualified institutional buyers pursuant to a QIP."

Divestment gets a boost with three big PSU stake sales

Divestment gets a boost with three big PSU stake sales

Rediff.com   11 Sep 2014

Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.

ICICI Bank goes for 1:5 stock split

ICICI Bank goes for 1:5 stock split

Rediff.com   10 Sep 2014

This is the first time ICICI Bank has gone for a share split.

Guarantor can also be named wilful defaulter

Guarantor can also be named wilful defaulter

Rediff.com   10 Sep 2014

RBI rule, applicable prospectively, also for non-group guarantors.

India's 10 highest paid CEOs

India's 10 highest paid CEOs

Rediff.com   10 Sep 2014

Media tycoon Kalanithi Maran and his wife Kavery Kalanithi have retained the top two slots among the highly paid executives in the country.

Moody's points to fiscal, inflation worries

Moody's points to fiscal, inflation worries

Rediff.com   9 Sep 2014

The ministry sought to allay the rating agency's concerns and said economic growth was on an upward swing.

Centre favours cancellation of 'illegal' coal blocks

Centre favours cancellation of 'illegal' coal blocks

Rediff.com   9 Sep 2014

But reiterates that licences of 46 blocks in operation should be retained.

Why dollar's rise against euro won't impact rupee much

Why dollar's rise against euro won't impact rupee much

Rediff.com   9 Sep 2014

On Friday, the euro weakened to a near 14-month-low against the dollar, after the European Central Bank announced a fresh round of stimulus and promised more if required.

Gowda's first 100 days as rail minister fail to impress

Gowda's first 100 days as rail minister fail to impress

Rediff.com   9 Sep 2014

Gowda has also failed to offer clarity on reforming the Railway Board.

CII calls for gargantuan investment push

CII calls for gargantuan investment push

Rediff.com   8 Sep 2014

The Confederation of Indian Industry has pegged the requirement for investment at Rs 280 lakh crore ($4.7 trillion) for five years beginning 2014-15 to make the economy grow by seven per cent a year on an average.

Minister reiterates commitment to 24/7 power

Minister reiterates commitment to 24/7 power

Rediff.com   8 Sep 2014

The Supreme Court order on what to do with the coal blocks allotted to power companies between 1993 and 2013, which it has already termed illegal, is likely on Tuesday.

Rajan reiterates hawkish view on price rise

Rajan reiterates hawkish view on price rise

Rediff.com   6 Sep 2014

Also says PSU banks divestment to be considered after improvement in governance

Forex reserve up $60.5 mn to $319 bn

Forex reserve up $60.5 mn to $319 bn

Rediff.com   6 Sep 2014

The foreign currency assets rose by $75 million to $291.39 billion

Investors jittery post SC ruling on coal block row

Investors jittery post SC ruling on coal block row

Rediff.com   6 Sep 2014

Major corporates are staring at an uncertain future after investing substantially on their projects

Jabong joins Global Fashion Group

Jabong joins Global Fashion Group

Rediff.com   5 Sep 2014

The agreement means consumers will enjoy more choices and varied price points.

Diageo-led USL probes loans to UB, associates

Diageo-led USL probes loans to UB, associates

Rediff.com   5 Sep 2014

Move comes as huge provisions for bad loans push loss to Rs 4,488 crore.

DLF's 350-acre Haryana land allotment axed

DLF's 350-acre Haryana land allotment axed

Rediff.com   4 Sep 2014

No effect on ongoing projects, says company.

Kolkata scores high on hotel occupancy, says survey

Kolkata scores high on hotel occupancy, says survey

Rediff.com   3 Sep 2014

While Mumbai (including Navi Mumbai) registered the highest average rate (Rs 7,105), Goa had the highest revenue per available room at Rs 4,778.

Petrol price cut, retail price of diesel hiked

Petrol price cut, retail price of diesel hiked

Rediff.com   31 Aug 2014

The retail selling price of petrol at Delhi would come down by Rs 1.82 a litre.

The story of Marans: Sun King and his brother

The story of Marans: Sun King and his brother

Rediff.com   30 Aug 2014

The man who led this journey is 50-year-old Kalanithi Maran, chairman and managing director of the Sun Group.