"The enterprise valuation has been agreed to be in the range of $10-12.5 billion and the final valuation will be determined on the basis of Bharti Infratel's actual operating performance in 2008-09," a Bharti statement said.
The companies will pick up 20 per cent each in PTC Financial Services, a non-banking finance company (NBFC). The total investments could be Rs 50-60 crore (Rs 500-600 million), including a premium of Rs 3-5 on a face value of Rs 10 a share, according to company executives.
Billionaire investor's Berkshire Hathaway to pay $2.1 bn for Texas utility's junk bonds.
If there is indeed a slowdown, it is unlikely to be confined to the export sectors.
Goldman Sachs Investment Bank in a paper in 2003 argued with facts, figures and importantly optimism that the economic potential of BRIC nations is such that they may become among the four most dominant economies by the year 2050. The foreign ministers of BRIC nations will meet in Moscow in Spring 2008 to discuss issues of mutual interest in the international arena. The BRIC countries account for about 40% of the world population & each country has its own unique advantages.
The Indian corporate bond market with gradual pace of reforms may see roughly a four-fold rise in size to reach $1.5 trillion by 2016, according to a Goldman Sachs report on the debt market. Within this market, which is crucial for raising long term resources for infrastructure projects, the private bonds segment could grow nearly six fold from $100 billion to $575 billion.
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.
Spicejet will raise Rs 530.76 crore or Rs 5.3 billion ($118.5 million) through issue of equity shares on preferential basis to various foreign and domestic investors.
Shobaa De has raked up another row and is being trolled again for questioning the gifting of the BMW cars to Rio Olympic medallists Sakshi Malik, PV Sindhu and her coach P Gopichand as well as Olympian gymnast Dipa Karmakar.
The BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda
India's biggest drug maker Ranbaxy Laboratories Ltd has put in its bid to acquire generic business of German pharmaceutical firm Merck.
Goldman Sachs on Wednesay began celebrating confirmation of bumper bonuses for this year, with the chairman and chief executive, Lloyd Blankfein, expected to lead the pack with a 30 per cent increase in his pay to about $70m.
Is an MBA just about Placements, Package, Profile and Prospects?
New Delhi-born Sanjeev K Mehra, managing director and partner in the principal investment area of Goldman, Sachs & Co, where he leads the industrial private equity investing effort and is the key benefactor of the envisaged $4 million South Asia chair at Harvard University, says it is simply a case "of giving back".
Spotlight likely on cement, metals, road cos
'As long as people are eating we will be there,' Rebel Foods CEO Jaydeep Barman tells Viveat Susan Pinto and Niraj Bhatt.
London's AIM, Chinese and Korean exchanges interested.
Sources said the spin-off, a joint venture company, was yet to be named.
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.
BPCL gained nearly 4% to Rs 674, while HPCL gained more than 2% to Rs 451.
Top consulting firms like McKinsey and Co, and Bain and Co along with others in the investment banking industry, such as Goldman Sachs and Deutsche Bank, have extended fulltime offers to students who interned at IIM-A.
With this acquisition, Airtel will be second company, after Reliance Jio, in the country to have pan-India presence in 2300 Mhz band
It goes way beyond a fantastic team!
Flag Telecom, a 100 per cent subsidiary of Reliance Communication (RComm), has mandated Goldman Sachs and Deutsche Bank as lead managers for the maiden initial public offering (IPO) on the London Stock Exchange.
Here's how you can get placed at an investment bank for your summer training.
'The Olympics postponement may not be a political body blow to Abe Shinzo, but it is no denying that the economic cost of the postponement of the Games will be heavy for Japan,' observes Dr Rajaram Panda.
Rediff reader Mithu Sharma tells us how he met his would-be wife. You too can share your special love story with us this Valentine's Day!
Nimesh Kampani, chairman of the JM Financial group, talks to Business Standard on what led to the parting of ways with decade-old foreign partner Morgan Stanley.
It is not clear whether the drop in offers is a fallout of demonetisation.
which currently does an average daily turnover of Rs 8,000 crore (Rs 80 billion) - almost twice that of the Bombay Stock Exchange - has been valued at $2.5 billion.
The former BCCI president says more than a coach, the team needs someone who can walk up to the players and talk to them.
Young Indian entrepreneurs hope to share some of the limelight too at the Hyderabad event.
Barely two weeks after the Reserve Bank of India permitted 49 per cent foreign stake in stock exchanges
Pakistan has temporarily banned two private television channels, including one of the Geo TV network, and imposed a hefty fine of Rs 10 million on them for airing blasphemous content and ridiculing the judiciary.
India needs to work on economic parameters to outpace China.
Cricket legend Sachin Tendulkar called on Prime Minister Narendra Modi and apprised him of his contribution to the Swachh Bharat campaign.
Major institutes see rise in summer placements; consulting, BFSI, e-commerce firms are top recruiters, says Vinay Umarji.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances