B G Shirsat And Rajesh Abraham In Mumbai

Stories by B G Shirsat And Rajesh Abraham In Mumbai

India Inc set to raise Rs 1 lakh crore

India Inc set to raise Rs 1 lakh crore

Rediff.com   23 Jun 2007

A back-of-the-envelope calculation suggests that the total mobilisation through share issues (including rights, initial and follow-on issues) will be at least Rs 1.04 lakh crore (Rs 1.04 trillion).

Billionaires bet big on India's bio-fuel

Billionaires bet big on India's bio-fuel

Rediff.com   23 Jun 2007

India's well-known investors who are known for their Midas touch have spotted an opportunity in bio-fuel, betting big on ethanol, bio-mass and even bio-fuel equipment makers in India and other parts of the globe.

Lehman, others vie for Brics' broking business

Lehman, others vie for Brics' broking business

Rediff.com   21 Jun 2007

International brokerages, especially those which have made recent entry into the domestic market, are lining up to acquire the institutional broking business of the city-based Brics Securities.

You may soon get to buy foreign MFs

You may soon get to buy foreign MFs

Rediff.com   20 Jun 2007

The domestic mutual funds such as Reliance Mutual Fund and Tata Asset Management Company are in advanced talks with global fund houses and investment advisors, in an attempt to offer global investment products to their Indian investors.

High offtake,frequent PLR hikes save banks blushes

High offtake,frequent PLR hikes save banks blushes

Rediff.com   12 Jun 2007

The Indian banking sector has overcome concerns pertaining to the rising cost of funds and an increase in provisioning requirements under the new RBI norms, to post a healthy rise in net interest income during the quarter ended March 2007.

Foreign equity seen at $15 bn

Foreign equity seen at $15 bn

Rediff.com   11 Jun 2007

Huge share offerings may lead to record inflow in 2007.

Over 500 DLF investors lose bonanza

Over 500 DLF investors lose bonanza

Rediff.com   7 Jun 2007

Over 500 minority shareholders of realty major DLF have missed out on a once-in-a-lifetime opportunity to become 'crorepatis' overnight.

RIL to raise $2 bn via 10-year loan

RIL to raise $2 bn via 10-year loan

Rediff.com   16 May 2007

Reliance Industries Limited, the country's largest private sector company, is raising $2 billion through a 10-year overseas syndicated loan for funding its oil and gas exploration in the D6 block of the Krishna-Godawari basin.

PNs grow 70% in 1 year

PNs grow 70% in 1 year

Rediff.com   10 May 2007

But contrary to conventional wisdom, the share of hedge funds in total PN investments in the Indian stock markets could be as little as 8-9 per cent.

Murdoch plans to launch <i>Sun</i> with Sun group

Murdoch plans to launch Sun with Sun group

Rediff.com   9 May 2007

The Sun, the flagship publication of Murdoch's News Corporation, is in talks with Maran's Sun group to launch an English tabloid in the country.

Telecom majors' growth doubles in two years

Telecom majors' growth doubles in two years

Rediff.com   8 May 2007

The total revenues and net profit of the top six Indian telecom players, Bharti Airtel, Reliance Communications, BSNL, Hutchison Essar, MTNL and Idea Cellular, more than doubled during the last two years.

IPO scam: Promoters' role under scanner

IPO scam: Promoters' role under scanner

Rediff.com   28 Apr 2007

"Our order (over share price manipulation on listing day) is only interim in nature. We are probing further and you can expect more orders in this case," said the official on condition of anonymity.

IT majors sit on growing cash mountain

IT majors sit on growing cash mountain

Rediff.com   27 Apr 2007

Indian IT firms have piled up net cash in excess of Rs 20,000 crore

IT quartet's turnover crosses $10 bn mark

IT quartet's turnover crosses $10 bn mark

Rediff.com   21 Apr 2007

Wipro, Satyam join TCS, Infosys in beating rupee blues.

Investors eye markets abroad

Investors eye markets abroad

Rediff.com   20 Apr 2007

They prefer foreign markets owing to comparatively lower margins than Indian exchanges.

i-bankers quit high-profile jobs to go solo

i-bankers quit high-profile jobs to go solo

Rediff.com   12 Apr 2007

Growing business opportunities fuelled by a robust economy and an increasing number of private equity investors are prompting investment bankers to quit their jobs and turn entrepreneurs.

Software majors may post over 40% Q4 growth

Software majors may post over 40% Q4 growth

Rediff.com   11 Apr 2007

Given the uncertainty on the US economic outlook, the rising rupee, and the lack of clarity on imposition of fringe benefit tax on stock options, analysts believe the companies may strike a note of caution on FY08 earnings.

SMEs may get NSE trading platform soon

SMEs may get NSE trading platform soon

Rediff.com   6 Apr 2007

The move is expected to cut into the business of rival Bombay Stock Exchange (BSE).

SMEs may get NSE trading platform soon

SMEs may get NSE trading platform soon

Rediff.com   6 Apr 2007

The National Stock Exchange is chalking out a strategy to launch a separate trading platform for small and medium companies.

Ireland investors line up $395 million kitty

Ireland investors line up $395 million kitty

Rediff.com   5 Apr 2007

A cluster of high networth investors from Ireland is looking at private equity investments of at least 200 million pounds sterling (about $ 395 million) in high-growth companies across real-estate, IT and education sectors.