While stock exchanges worldwide are consolidating, not much action is happening in India due to the cap on equity holding in stock exchanges.
Global mining major Rio Tinto on Wednesday said it will de-list Riversdale, in which Tata Steel holds more than 26 per cent stake, from Australian Stock Exchange (ASX), after the completion process of of its takeover offer on May 6, if it is not extended.
After Singapore, Indian property developers such as Indiabulls Real Estate and Phoenix Mills among others are looking at London, German and Australian stock exchanges to list their property trusts there.
Tata Steel has lost the bidding battle for Vietnam's Vinausteel and SSE Steel after losing a vote on the resolution for its sale and purchase agreement by Vietnam Industrial Investments, the parent company of the two steel makers.
The average age of the people has come down. Finally, we have gone in for inorganic growth rather than organic in recent years.
Singapore-based MatrixView on Friday said it was in talks with Indian banks and hospitals for the implementation of its patent-pending digital content optimisation and compression technology.
Recovery in bluechips and gains in European markets helped the rally.
Bourses ask for okay in the 'permitted to trade' category; brokers and legal experts speak in favour.
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