Suzlon Energy, one of the top five wind energy manufacturers in the world, plans to raise $500 million (Rs 2,000 crore) through the Qualified Institutional Placement (QIP) route to fund its expansion plans.
Forensic experts on Sunday began examination and collecting evidence from the ill-fated AC coach of the Bangalore-Nanded Express that caught fire on Saturday killing 26 people in Andhra Pradesh's Anantapur.
In a deposition that may help Nithari serial killings accused Moninder Singh Pandher, the father of a victim on Thursday withdrew in court his statements that led to registration of a case of conspiracy against him.
Police informed that a police team led by Deputy Superintendent of Police Raymond Diengdoh cordoned a hideout of the banned Hynnewtrap National Liberation Council at Paham Umdoh village early Wednesday morning. On being surrounded, the ultras opened indiscriminate fire, injuring the DSP seriously. In the ensuing gun battle, one militant was killed while two others were arrested. Rest of the group managed to flee.
They have been arrested for aiding Shahabuddin in writing the law exam.
After having raised Rs 20,000 crore by selling NFOs, mutual funds are now likely to turn buyers. A slew of funds, including Morgan Stanley ACE Fund, Birla Sun Life Pure Value Fund, Mirae Asset India Opportunities Fund Standard Chartered Fund closed recently. Mutual funds launch NFOs to raise money since the mutual fund penetration in India is low. Most mutual funds expect redemptions on account of advance tax provisioning that corporate houses do at this time of the year.
Growing business opportunities fuelled by a robust economy and an increasing number of private equity investors are prompting investment bankers to quit their jobs and turn entrepreneurs.
The Punjab and Haryana high court on Friday issued a fresh notice to boxer Vijender Singh on him joining professional boxing.
While few doubt stocks here are quoting at price-earnings ratios which are higher than those in peer countries, India's growth prospects are the key differentiator.
If you don't have enough time to study the market, go for mutual funds, says personal finance expert Rahul Goel.
Mohammad Usman Haider had become extremely depressed after watching the largely-circulated videotape of Saddam's execution on television, DSP Industrial Area Jameel Hashmi said.
Two employees of the Indian Navy were found dead near a railway track in Visakhapatanam on Monday morning.
A study of the top ten mutual funds' equity portfolios as on March 30 reveals that funds bought huge chunks of metal major SAIL, engineering stock KEC Infrastructures, while diluted their exposure to FMCG major ITC.
The constable doubted that the DSP was responsible for his suspension.
'The BJP and RSS were working on the ground to define who is an illegal immigrant.'
A suspected agent of Pakistan's Inter-Services Intelligence was arrested in Meerut on Saturday on the charge of passing defence information to the ISI, a senior police officer said.
S Nagnath, President and CIO of DSP ML Mutual Fund says that he is bullish on the real estate sector. He also explains his logic behind starting a micro-cap fund and why investors can put their money in the same.
Concluding its arguments in the Aarushi murder case, the Central Bureau of Investigation on Thursday claimed that dentist couple Rajesh and Nupur Talwar "mislead" the investigators during the course of probe on different occasions and were involved in the destruction of evidence.
A mentally challenged girl was raped allegedly by a worker inside a government hospital in Haryana's Yamunanagar district, with CCTV footage of the health institute helping police arrest the accused.
This comes on the back of impressive performance in infrastructure stocks in 2006 and in the first seven months of this calendar.
Companies will struggle to maintain and enhance margins
The scheme churns its portfolio as and when the opportunity arises, which is quite often
Anil Ambani group may soon be rubbing shoulders with the likes of HDFC and ICICI Bank in the consumer loan business and the foray could give the group a return of more than 20 per cent in the next 3-4 years.
SBI Life, ICICI Pru have seen their valuations increase by 33 per cent and 35 per cent recently. SBI Life Insurance has seen its valuation soar after just 3 months while ICICI Prudential's valuation has increased in just 5 months.
Here's how you can get placed at an investment bank for your summer training.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
Indiabulls is also into mutual fund and insurance advisory businesses. Though this field is extremely competitive and requires significant research skills, these are highly profitable business segments.
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.
A 65-year-old woman, allegedly set ablaze for not voting for a particular candidate in Yeola assembly constituency in Nashik district in October 15 polls, succumbed to her injuries while undergoing treatment at civil hospital in Nashik on Monday.
Haryana government on Saturday said it is considering making it mandatory for a sportsman to compete for at least six years.
Oracle Corporation's intentions to acquire an additional 35 per cent stake in i-flex Solutions may fail as its public offer did not meet with an adequate response
Chief Investment Officer of Prudential ICICI, Nilesh Shah discusses the current situation of the market in terms of inflows, valuations and the general consensus on the market.
Six policemen, including a Deputy Superintendent of Police, were on Friday convicted by a Patiala court for kidnapping and murdering human rights activist Jaswant Singh Khalra in 1995.
Real estate, infrastructure, BPOs and telecom are likely to be the major sectors that will be going for fund raising.
Worst performers among category funds, but beat sectoral indices
Our advice for investors -- opt for funds like HDFC Long Term Advantage and HDFC TaxSaver which have proven track records to show for, over longer timeframes.
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