Feb 27, 2015 at 11:30 | Source: CNBC-TV18
IDFC Alternatives has emerged as the highest bidder for 726 MW Palatana thermal plant. It has bid for 23.5% stake at Rs 18 per share. The deal could fetch OTPC between Rs 500-1000 crore.
Feb 26, 2015 at 21:44 | Source: PTI
"An overall demand of USD 440 million (1.42 times of base deal size) across the US, Europe and Asia was seen. The allocation was at Rs 350 per share - a discount of 3.7 percent to last 30 day average closing price," Bharti Airtel said in a statement
Feb 24, 2015 at 15:53 | Source: Reuters
For Hitachi, which relocated its rail division to London last year, the main focus of the deal is rail signal system unit Ansaldo STS, a profitable business which would help it sell combined carriage and signals packages as well as give it a manufacturing presence in continental Europe.
Feb 24, 2015 at 12:07 | Source: CNBC-TV18
Thomas Cook (India) signed a long-term agreement with a global distribution company Amadeus. Amit Madhan, COO-IT & e-Services of Thomas Cook (India) spoke about the agreement details and companys future prospects.
Feb 24, 2015 at 09:15 | Source: Moneycontrol.com
Resurgence in business sentiments lead to spurt in M&A deals. However there are many obstacles that the deals have to face, which mars ease of doing deals in India. Government can address some of them with necessary changes in tax laws.
Feb 23, 2015 at 15:18 | Source: Reuters
Yields on low-rated euro zone government bonds fell as the agreement, reached after Greece's leftist government made big concessions, eased "Grexit" concerns that the country would have to leave the euro zone.
Feb 23, 2015 at 11:35 | Source: Moneycontrol.com
According to Angel Commodities gold and silver prices are expected to trade sideways as support for the safe-haven metal eased after a deal was struck over Greece's debt. Further, the absence of major consumer China also took a toll.
Feb 23, 2015 at 10:29 | Source: Reuters
Spot gold was little changed at USD 1,202.10 an ounce by 0225 GMT, after dropping to USD 1,197.95 in the previous session as safe-haven bids receded. The metal recorded its fourth straight weekly decline on Friday.
Feb 23, 2015 at 08:14 | Source: CNBC
Asian markets rose on the first trading day of the Year of the Sheep, buoyed by a bailout deal between Greece and the euro zone last week. However, trading volumes remain light with China, Taiwan and Vietnam still closed for the Chinese New Year holiday.
Feb 22, 2015 at 13:42 | Source: PTI
India's largest real estate firm expects to close some of the deals by June and would utilise the funds to improve its cash-flows that have been affected due to slowdown in housing demand