Rajesh Abraham &Amp; Kausik Datta In Mumbai

Stories by Rajesh Abraham &Amp; Kausik Datta In Mumbai

Foreign investors will now eye depositories

Foreign investors will now eye depositories

Rediff.com   11 Jan 2007

After the National Stock Exchange, the focus has now shifted to stake sale soon in two depositories, the National Securities Depository and the Central Depository Services.

CSN's Corus play faces EU anti-trust probe

CSN's Corus play faces EU anti-trust probe

Rediff.com   11 Jan 2007

The shadow of the European Commission's anti-trust proceedings is hanging over Companhia Siderurgica Nacional's bid for Anglo-Dutch steelmaker Corus.

Hutch set to wrap up deal by mid-February

Hutch set to wrap up deal by mid-February

Rediff.com   10 Jan 2007

Hutchison Telecom is expected to complete the sale of its 67 per cent stake in the country's fourth largest telecom company, Hutchison Essar, before the Chinese New Year holiday, which begins February 17.

The world's greatest investors

The world's greatest investors

Rediff.com   9 Jan 2007

Buffet first among seven all-time best investors.

Hindujas to bid for hutch stake

Hindujas to bid for hutch stake

Rediff.com   6 Jan 2007

Financing would not be an issue for the group that had business interests in global finance, telecommunications, film, oil and the automotive sector.

Enam, JM Morgan pull out of DLF issue

Enam, JM Morgan pull out of DLF issue

Rediff.com   4 Jan 2007

Two top investment banks, Enam Financial Services and JM-Morgan Stanley, have backed out from the high-profile initial public offering by real-estate developer DLF Universal

Hindujas in race for Hutch, Rel Comm to raise $5 b

Hindujas in race for Hutch, Rel Comm to raise $5 b

Rediff.com   4 Jan 2007

Just six months after pulling out of Hutchison Essar, the Hinduja group is set to throw its hat into the ring for the country's fourth largest telecom company.

Tata may bid 10% more for Corus

Tata may bid 10% more for Corus

Rediff.com   2 Jan 2007

Final bid expected to be placed in a fortnight.

In 2007, don't expect a Sensex encore

In 2007, don't expect a Sensex encore

Rediff.com   27 Dec 2006

Can the stock markets repeat the spectacular bull run for the third year running in 2007

Kinetic to rejig operations

Kinetic to rejig operations

Rediff.com   26 Dec 2006

In a bid to enhance shareholders' value, the Kinetic group is restructuring operations to house its two-wheeler and auto-component businesses in Kinetic Motor Company and Kinetic Engineering, respectively.

How Indian firms finance their overseas M&As

How Indian firms finance their overseas M&As

Rediff.com   26 Dec 2006

Most people would not think of United Phosphorus when discussing mergers and acquisitions.

Sobha promoter in billionaire club

Sobha promoter in billionaire club

Rediff.com   21 Dec 2006

P N C Menon, chairman of Sobha Developers, joined the billionaire club today, with the market value of his shares in his newly listed company touching Rs 6,135 crore

Reliance Life closes in on $1 bn US buy

Reliance Life closes in on $1 bn US buy

Rediff.com   21 Dec 2006

Mukesh Ambani-promoted biotech venture Reliance Life Sciences is close to acquiring a US company for nearly $1 billion (Rs 4,500 crore).

Ambani brothers plan new launches

Ambani brothers plan new launches

Rediff.com   20 Dec 2006

While Mukesh is likely to make a foray into the specialty stores, is choosing the same date to launch the much-awaited Reliance Money.

Nimbus to sell 25% for $125 million

Nimbus to sell 25% for $125 million

Rediff.com   15 Dec 2006

Nimbus Communications has agreed to sell a one-fourth stake to an international media giant for $125 million (Rs 562 crore), valuing the company at Rs 2,250 crore

Corus: Rising bids raise fear of Winner's Curse

Corus: Rising bids raise fear of Winner's Curse

Rediff.com   14 Dec 2006

The rising heat in the race between Tata Steel and Brazil's CSN to acquire Anglo-Dutch steelmaker Corus

Ruias eye war chest for Hutch

Ruias eye war chest for Hutch

Rediff.com   14 Dec 2006

Egypt minister to discuss Orascom.

Tata likely to fight back on Corus

Tata likely to fight back on Corus

Rediff.com   13 Dec 2006

Company may up bid further: Analysts.

India Inc eyes listings beyond Nasdaq, NYSE

India Inc eyes listings beyond Nasdaq, NYSE

Rediff.com   8 Dec 2006

In pursuit of their global ambitions, domestic companies are looking to list their shares on exchanges in new geographies - not just New York or Nasdaq exchanges.

Idea plans to raise Rs 2,500 cr through IPO

Idea plans to raise Rs 2,500 cr through IPO

Rediff.com   6 Dec 2006

The company will go in for a pre-IPO private placement of 15 per cent of the shares to be offered through the issue.