Shobhana Subramanian &Amp; Reena Zachariah

Stories by Shobhana Subramanian &Amp; Reena Zachariah

Warburg bids for 50% ICICI shares on offer

Warburg bids for 50% ICICI shares on offer

Rediff.com   21 Jun 2007

Warburg Pincus, a US-based private equity firm, has put in the highest bid worth Rs 5,000 crore (Rs 50 billion) for ICICI Bank shares.

FIIs on a shopping spree, MFs liquidate

FIIs on a shopping spree, MFs liquidate

Rediff.com   5 Jun 2007

According to a strategist at a leading foreign brokerage, the inflows into India can be sourced to a host of India dedicated funds and some global funds.

REpower bidding: Suzlon high on energy

REpower bidding: Suzlon high on energy

Rediff.com   4 Jun 2007

The Rs 6,130-crore (Rs 61.3 billion) Suzlon will buy out Areva's stake in REpower, a year down the line, at a valuation to be decided on by an independent team.

Sensex highs have a narrow base

Sensex highs have a narrow base

Rediff.com   2 Jun 2007

At 14,570, the Sensex might be close to a new high, but not all stocks have contributed to the rally.

Viacom Inc: The second coming

Viacom Inc: The second coming

Rediff.com   28 May 2007

Despite having been in India for about 15 years and owning channels like MTV ,VHI and Nickelodeon, Viacom (CY2006 revenues $11.5bn) hasn't had much success. It's now joining hands with the TV18 group, a strong player in the news genre.

The success story of Sun Pharma

The success story of Sun Pharma

Rediff.com   25 May 2007

For a company that started in 1983 with just five people and five products, it's no mean achievement that Sun Pharma today commands the largest market capitalisation of Rs 21,271 crore (Rs 212.71 billion) in the pharma universe.

Rahejas, Star to sell 15% in Hathway to ChrysCapit

Rahejas, Star to sell 15% in Hathway to ChrysCapit

Rediff.com   24 May 2007

The Rahejas and Star TV are together selling 15 per cent in cable network operator Hathway Cable to private equity firm ChrysCapital.

Indian M&A advisors lose out to global peers

Indian M&A advisors lose out to global peers

Rediff.com   22 May 2007

According to a Thomson Financial research, no Indian investment bank figures in the top ten list of the M&A deals that was struck this year, which was topped by UBS.

Bajaj demerger a win-win deal for promoters

Bajaj demerger a win-win deal for promoters

Rediff.com   16 May 2007

Shareholders of the world's fourth largest two-wheeler manufacturer, Bajaj Auto, have long hoped that some of the cash on the company's balance sheet would be returned to them in some form.

StanChart-UTI deal on Monday

StanChart-UTI deal on Monday

Rediff.com   12 May 2007

UK-headquartered Standard Chartered Bank is set to become the third foreign player to enter the Indian retail stock brokerage business by buying a 49 per cent stake in UTI Securities for Rs 140-150 crore.

Race begins to set up exchanges

Race begins to set up exchanges

Rediff.com   11 May 2007

The stage is all set for a battle among stock exchanges for setting up separate exchanges for small and medium enterprises as they top bourses.

Citi, 3 others lead race for Sharekhan stake

Citi, 3 others lead race for Sharekhan stake

Rediff.com   11 May 2007

Citigroup's private equity arm Citigroup Venture Capital International, Baring Private Equity, TPG and 3i are the front-runners to acquire an equity stake in Sharekhan, the retail brokerage arm of the Mumbai-based SSKI group.

Indian financial players have BIG dreams

Indian financial players have BIG dreams

Rediff.com   8 May 2007

How domestic financial players are re-inventing themselves to get a larger share of the pie.

BSE plans to launch platform for SMEs

BSE plans to launch platform for SMEs

Rediff.com   7 May 2007

The Bombay Stock Exchange, Asia's oldest stock exchange, plans to launch a separate trading platform for small and medium enterprises. Sources close to the development said the BSE was preparing a strategy for an SME exchange.

Anil Ambani eyeing Air Deccan stake?

Anil Ambani eyeing Air Deccan stake?

Rediff.com   23 Apr 2007

There's talk that the Reliance Anil Dhirubhai Ambani Group is eyeing a minority stake in the carrier. It's also possible that private equity players like Texas Pacific Group may want a slice of the low-cost carrier's equity.

BankMuscat to launch Islamic fund

BankMuscat to launch Islamic fund

Rediff.com   20 Apr 2007

Oman's largest bank BankMuscat, which recently picked up 43 per cent stake in the domestic brokerage house Mangal Keshav Group

Why India Inc is helping farmers

Why India Inc is helping farmers

Rediff.com   17 Apr 2007

Rural retailers are finding that helping farmers earn more helps them create a customer base.

MFs' short term deposits to be capped at 15%

MFs' short term deposits to be capped at 15%

Rediff.com   16 Apr 2007

The Securities and Exchange Board of India is expected to shortly release a circular asking mutual fund houses not to park more than 15 per cent of their corpus as bank deposits at any point of time.

Indian Hotels set to woo the world

Indian Hotels set to woo the world

Rediff.com   9 Apr 2007

The hotel chain intends to have a worldwide presence and reduce its dependence on the home market.

DLF yet to get rights for 60% of land

DLF yet to get rights for 60% of land

Rediff.com   5 Apr 2007

In its filing dated March 29, the company has said that its ability to develop the land reserves and generate the estimated developable area are subject to a number of risks such as defective title to the lands which could be legally challenged.