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.
Infosys Technologies will seek shareholders' nod for the sponsored Amercian Depository Shares issue at its extraordinary general meeting scheduled on December 18.\n
Vijay Singh kept up his form when an eight-under-par 64 gave him a three-shot lead after an incomplete first round.
India can attain a higher GDP growth of 7-8 per cent annually to become the third largest economy after the US and China by 2020
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
Oil prices bounced higher on Tuesday as the market focused on Iraqi threats of retaliation against any US-led attack and as US President George W Bush prepared to address the nation.
The country's largest refiner Indian Oil Corp is planning an initial public offer of its Sri Lankan subsidiary Lanka IOC by June this year to raise between $20-25 million.
Recent rates cuts by most banks may not have a significant impact on margins, say analysts.
Independent market analyst Ambareesh Baliga points out the red flags that retail investors should not have ignored and lists three scenarios -two of these scenarios offer a glimmer of hope to retail shareholders of Yes Bank - that could play out in the coming days.
Arjun Atwal carded a one-under 70 on the opening day of the Deutsche Bank Championship.
The Fijian took a step closer to gaining the world number one ranking by extending his lead to three shots over Tiger Woods in the third round of the $5 million Deutsche Bank Championship.
The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.
Barclays is not alone in trying to decide the best size and shape of its investment bank in a changed regulatory landscape.
The Indian ace was 41st in the US $5.5 million Deutsche Bank Championship on the US PGA Tour.
They are small town boys who went on to make it big in global financial powerhouses.
Interest rate sensitive stocks gain ground post decision
The most preferred CoCo bonds are those through which banks raise their additional Tier-I capital.
It was a case of 'buy on hopes and sell on news' as the Indian market posted only modest gains despite a landslide victory to Narendra Modi-led Bharatiya Janata Party (BJP).
To future CA aspirants, this is what Sanskruti and Shruti Parolia would like to say: 'The journey is long and tough. Be consistent and persistent. The end result will be rewarding.'
The positive bias was aided by metal, realty and auto indices
Alibaba Group Holding Ltd's initial public offering now ranks as the world's biggest in history at $25 billion, after the e-commerce giant and some of its shareholders sold additional shares.
Overseas investors, as well as other key stakeholders, such as brokers, custodians, and clearing corporations, are yet to iron out critical issues, even as the shift towards a shorter trade settlement cycle approaches new phases. Several industry players said foreign portfolio investors (FPIs) are still facing impediments over the trade confirmation timelines, foreign exchange (forex) bookings, and pre-funding requirements. This could potentially act as a roadblock when it comes to moving entirely to the new T+1 settlement cycle from next year.
The bank was worth over Rs 80,000 crore as recently as September 2017. The lender had grown at breakneck speed, helped perhaps by Rana Kapoor's reputation as a banker, willing to aggressively write checks.
There was net outflow of $7.2 billion from the Indian market in June of which $5.4 billion was from debt market triggered by global risk aversion and currency weakness, Deutsche Bank India Equity Strategy report said.
The ED's fresh chargesheet against Mallya and his firms is likely to pave the way for him to be declared "fugitive" under a new Indian law.
2022 is shaping up as the year brimming with job opportunities for people who possess relevant skillsets. Therefore, it is crucial for fresh graduates and young professionals to enroll in relevant certification courses to add more feathers to their introductory portfolio
Many fear that in practice if banks make their customers pay to hold their money, it might lead to a situation where consumers hold on to cash.
Most say a rate cut could come in RBI's June policy.
The 30-share Sensex is up 253 points at 29,263 and the 50-share Nifty has gained 68 points at 8,829.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
Top global brands such as Goldman Sachs, Deutsche Bank, Microsoft, Facebook and Texas Instruments visited the campus.
At the current market price of the stock, that stake would be valued at about $1.5 billion.
The fashion entrepreneur owns two apparel brands Bhane and Veg Non Veg.
Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
