BS Reporters In Pune, Mumbai

Stories by BS Reporters In Pune, Mumbai

Increased equity exposure of PFs won't benefit all

Increased equity exposure of PFs won't benefit all

Rediff.com   17 Sep 2007

The finance ministry's proposal to increase equity exposure of non-government provident funds and superannuation funds from 5 per cent to 10 per cent may benefit only the high income group category and subscribers of the New Pension Scheme.

Power IPOs a hit with investors

Power IPOs a hit with investors

Rediff.com   14 Sep 2007

Torrent Power (up 19.25 per cent) and GVK Power and Infrastructure (up 12.22 per cent) have seen a dramatic rise in the run up to PGCIL issue.

RCom gets nod for SEZ

RCom gets nod for SEZ

Rediff.com   11 Sep 2007

Reliance Communications has received approvals from Maharashtra and MIDC for its proposed 45-acre special economic zone.

SBI gives Tata $1 bn for Corus buy

SBI gives Tata $1 bn for Corus buy

Rediff.com   11 Sep 2007

The bank has agreed to provide up to $1 billion to Tata Steel's special purpose vehicle, Tata Steel UK, to refinance $7.2 billion of bridge loans taken for the biggest buyout by an Indian company.

TV18 Group & movie rights purchases

TV18 Group & movie rights purchases

Rediff.com   6 Sep 2007

Raghav Bahl-promoted media company Television Eighteen Group is paying over Rs 340 crore to buy out the rights of films in two of Bollywood's biggest movie deals.

Posco suggests fish and pickle deal for land-loser

Posco suggests fish and pickle deal for land-loser

Rediff.com   4 Sep 2007

Korean major considers offering locals an export market in addition to compensation.

Industry wary of new Internet policy

Industry wary of new Internet policy

Rediff.com   27 Aug 2007

The Internet service policy unveiled on Saturday is likely to hit the industry hard. It may wipe off small and medium players in the country.

JSW buys 3 firms for $940 mn

JSW buys 3 firms for $940 mn

Rediff.com   22 Aug 2007

Sajjan Jindal-promoted JSW Steel on Tuesday announced the acquisition of Jindal United Steel Corporation, Saw Pipes USA and Jindal Enterprises LLC

India's horticulture sector eyes European mart

India's horticulture sector eyes European mart

Rediff.com   21 Aug 2007

Seeing a good market in the European Union countries, India's horticulture sector is now busy tapping this potential.

Commodities prices to soar for two years

Commodities prices to soar for two years

Rediff.com   16 Aug 2007

Commodities prices will witness a major upheaval in the coming couple of years with demand for food going up.

SBI plans commodity broking foray

SBI plans commodity broking foray

Rediff.com   16 Aug 2007

In a major step, SBI Capital Markets, India's leading investment banker, has decided to enter commodity broking and expand aggressively its online equity trading to take on competition from ICICI in the sector.

Bumpy week awaits Dalal St

Bumpy week awaits Dalal St

Rediff.com   13 Aug 2007

Stock investors can expect another rollercoaster ride on Dalal Street this week as the equity markets remain vulnerable to meltdown in the US sub-prime mortgage

Haier India acquires Daewoo Anchor

Haier India acquires Daewoo Anchor

Rediff.com   10 Aug 2007

As a part of its localisation strategy, the $13.9 billion Chinese consumer durables major, Haier's Indian operations on Friday announced the acquisition of Daewoo Anchor Electronics in India.

Pepsi launches small cans to spur sales

Pepsi launches small cans to spur sales

Rediff.com   8 Aug 2007

Beverages giant PepsiCo on Tuesday launched 250-ml Pepsi cans at Rs 15, a price point that's 40 per cent lower than the existing 330-ml cans available at Rs 25.

Puravankara Projects revises IPO issue price

Puravankara Projects revises IPO issue price

Rediff.com   4 Aug 2007

Unstable markets have prompted Puravankara Projects, a Bangalore-based real estate company, to revise its initial public offer price from Rs 500-525 per share to Rs 400-450 per share.

HUL to buy back equity at up to Rs 230 a share

HUL to buy back equity at up to Rs 230 a share

Rediff.com   30 Jul 2007

The shares will be bought in the open market on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) over a period of time.

BSNL gives in to Raja, halves GSM tender

BSNL gives in to Raja, halves GSM tender

Rediff.com   17 Jul 2007

The deal will be limited to 2G lines only.

Desktop dilemma

Desktop dilemma

Rediff.com   10 Jul 2007

Purchasing a desktop or a laptop today is both easy and complex.

Indian doctors uneasy about life in Britain

Indian doctors uneasy about life in Britain

Rediff.com   6 Jul 2007

Although there are fears that the revelations mean tougher times for Indian medical professionals seeking employment in the UK, the fact is that the UK is no longer the El Dorado it was once for Indian doctors.

Realty firms plan trusts to list in Singapore

Realty firms plan trusts to list in Singapore

Rediff.com   2 Jul 2007

As real estate investment trusts are yet to take shape in India, about a half a dozen realty firms have started the spadework for listing REIT-like vehicles on the Singapore Stock Exchange.