Dec 12, 2013 at 08:46 | Source: Reuters
Samsung Electronics Co Ltd on Thursday lost its bid to ban sales of Apple Inc's older iPhone and iPad in South Korea, as a court dismissed a lawsuit claiming the US firm had infringed three of Samsung's mobile patents.
Dec 11, 2013 at 10:23 | Source: PTI
The follow-on public offer (FPO) of the state-run transmission utility last week saw bids for 530 crore shares, or 6.74 times the 78.7 crore shares on offer. Retail investors and eligible employees will get a discount of Rs 4.50 a share on the issue price, Power Grid said.
Dec 10, 2013 at 22:33 | Source: CNBC-TV18
Saharas 12-year association has come to an end. The group which has been the official sponsor for the Indian cricket team will no longer be a part of the team, of the two bidders, Sahara made the highest bid- Rs 2.35 crore per match but BCCI rejected it, terming it ineligible and instead gave the contract to Star India Ltd.
Dec 09, 2013 at 21:53 | Source: PTI
Star India Pvt. Ltd. was today awarded the team sponsorship rights of the Indian team for a period of three years after Sahara's bid was declared ineligible by the BCCI here.
Dec 09, 2013 at 16:58 | Source: CNBC-TV18
The move has been prompted following a key pre-qualification requirement in the request for qualification documents (RFQs) that would make Tata Realty Infrastructure (TRIL) the company that was going to bid for the Chennai Airport ineligible.
Dec 08, 2013 at 13:19 | Source: PTI
Of the shares offered in the FPO, the retail investors portion was subscribed 2.17 times, the qualified institutional buyers bid for 9.09 times and non-institutional buyers bid for 9.70 times the shares on offer.
Dec 06, 2013 at 20:06 | Source: Moneycontrol.com
The follow-on-public offer (FPO) of Power Grid Corporation has subscribed 6.72 times. The issue, which was opend for subscription on December 03 closed today with total bids of 529 crore as against issue size of 78.7 crore shares.
Dec 06, 2013 at 19:42 | Source: Reuters
The government will raise USD 270 million from selling 4 percent of the company. Power Grid, India's central power transmission utility, is issuing another 601.9 million new shares to raise funds for capital expenditure.
Dec 06, 2013 at 14:10 | Source: PTI
Cairn bid for a block in Mannar basin while OVL, the overseas arm of state-owned Oil and Natural Gas Corp (ONGC), totally skipped the round. Little known Singapore-based Bonavista Energy Corp bid for two blocks in the Cauvery basin located offshore Jaffna in the North.
Dec 05, 2013 at 19:00 | Source: CNBC-TV18
Tata Group which was planning to bid for 100% stake in Chennai airport has represented to the government on a cross ownership clause in the RFQ, which may not allow Tata Group arm, Tata Realty and Infrastructure, to participate in the bid at all.