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Firms may have to redeem part of $5.7 bn FCCBs

With the fall in BSE Sensex, the conversion premiums for over $5 billion worth of foreign currency convertible bonds issued by India Inc are shooting up.Shares proposed to be issued on conversion......

Top 10 stocks you can buy now

Like when Tom goes over the cliff in Tom and Jerry, it claws the air for a while and then falls with a thud. Markets behaved a bit like that this May, losing a quarter of their value in less than......

Standard sells 4.9% in HDFC

UK-based insurer Standard Life subsidiary, SLAC Mauritius Investment, today sold 4.9 per cent stake in Housing Development Finance Corporation to CLSA Merchant Bankers at Rs 841 per share for a......

TCS to sell 50% Intelenet pie to HDFC

Tata Consultancy Services, India's largest IT company, sold 50 per cent stake in Intelenet Global Services Ltd to Housing Development Finance Corporation Ltd for Rs 161 crore (Rs 1.61 billion).......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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