Kausik Datta &Amp; Rajesh Abraham In Mumbai

Stories by Kausik Datta &Amp; Rajesh Abraham In Mumbai

IPOs set to break all records

IPOs set to break all records

Rediff.com   23 May 2007

Market-men expect these offers will compete head to head for investors' fund of over Rs 24,000 crore next month.

Suzlon readies Euro625 mn for REpower purchase

Suzlon readies Euro625 mn for REpower purchase

Rediff.com   22 May 2007

Ahmedabadbased Suzlon Energy has tied up funds for its Euro1.2 billion (Rs 6,543 crore) bid for the German power company, REpower, even before the last date for raising bid by the rival French giant Areva expires on Thursday.

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.

No Esops for nominees, LIC, GIC tell companies

No Esops for nominees, LIC, GIC tell companies

Rediff.com   10 May 2007

"We have written to all the companies in which we have nominee-directors, asking them not to give Esops," said LIC managing director D K Mehrotra. He said there were more than 100 companies in which LIC had nominee-directors.

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.

Tata Steel may launch GDRs in Singapore

Tata Steel may launch GDRs in Singapore

Rediff.com   8 May 2007

This will be over and above a Rs 3,655-crore domestic rights issue and a Rs 4,350 crore convertible preference share issue the company announced last month.

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.

How a small trader became a metal king

How a small trader became a metal king

Rediff.com   27 Apr 2007

Agarwal's is a classic story of a small trader becoming metal king. The secret, he says, lies in believing in himself and in the country's potential.

Reddy family likely to exit Maxwell

Reddy family likely to exit Maxwell

Rediff.com   23 Apr 2007

To sell 32% stake for Rs 100 crore.

Schneider in final talks to buy Anchor

Schneider in final talks to buy Anchor

Rediff.com   23 Apr 2007

French electrical major Schneider Electricals SA is in advanced stages of negotiations with the Mumbai-based Shah family to acquire Anchor Electricals, the country's leading electrical equipment maker.

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.

Develop mines or leave: Ranchi tells Sesa Goa

Develop mines or leave: Ranchi tells Sesa Goa

Rediff.com   16 Apr 2007

Sesa Goa has received a showcause notice from the Jharkhand government asking it why its prospective licence for iron ore mines in the state should not be cancelled.

RIL has 28.7 mn shares for half its employees

RIL has 28.7 mn shares for half its employees

Rediff.com   16 Apr 2007

Reliance Industries, the country's most valuable company, has launched an employee stock option scheme to reward nearly half of its workforce.

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.

We will make you beautiful: Esprit CEO

We will make you beautiful: Esprit CEO

Rediff.com   11 Apr 2007

Selling garments is a boring job, says Heinz Krogner, Esprit Global Group CEO.

Tatas to go in for Rs 3,500 cr rights issue

Tatas to go in for Rs 3,500 cr rights issue

Rediff.com   11 Apr 2007

Sources close to the situation said the Tata Steel board is slated to discuss the issue at its meeting on April 17.

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.