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Just Dial IPO oversubscribed 11.63 times
May 23, 2013 at 05:22 | Source: Business Today
In a strong investor response, the initial public offer of local search engine Just Dial, the largest offer by an Indian Internet company, was subscribed 11.63 times on the last of issue on Wednesday. The Rs 950-crore IPO, the biggest issue so far t...
May 23, 2013 at 03:32 | Source: Calcutta Telegraph News
Mumbai, May 22: Retail investors joined the scramble to scoop up shares of Justdial Ltd, which hit the capital markets earlier this week with an initial public offering that was subscribed almost 12 times when it closed today. The retail portion was...
HSBC sells 20 lakh shares of Unitech for about Rs 6 crore
May 23, 2013 at 00:00 | Source: NDTV Profit
New Delhi: HSBC has sold 20 lakh shares of realty firm Unitech through open market transactions for about Rs 6 crore, resulting in marginal reduction in its stake. In a filing to the Bombay Stock Exchange, Unitech said HSBC Global Investment Funds ...
SunTec launches new product for banking, digital services
May 22, 2013 at 22:00 | Source: The Hindu BusinessLine
Thiruvananthapuram, May 22: SunTec Business Solutions, a niche player in ‘relationship-based pricing and billing solutions’ for banking and communication sectors, has launched its next-level product suite. Relationship-based pricing help...
Market boom! Just Dial IPO over-subscribed 11.63 times
May 22, 2013 at 19:36 | Source: FirstPost
Mumbai: In a strong investor response, the initial public offer of local search engine Just Dial, the largest offer by an Indian Internet company, was subscribed 11.63 times on the last of issue today.The Rs 950 crore IPO, the biggest issue so far th...
May 22, 2013 at 18:57 | Source: DomainB
The initial public offer of local search engine Just Dial was subscribed 194 per cent with offers for 26.3 million share against 13.5 million shares on offer as the issue closed for subscriptions on the last day today. The company has fixed the issu...
HSBC slapped with fine of Rs 5.5 lakh for unfair trade practice
May 22, 2013 at 16:52 | Source: The Hindu BusinessLine
New Delhi, May 22: A consumer forum here has imposed a fine of Rs 5.5 lakh on banking major Hongkong and Shanghai Banking Corporation (HSBC) Ltd for unfair trade practice of keeping its customer’s already settled loan account outstanding and c...
U.K. stocks drop from 13-year high
May 22, 2013 at 15:37 | Source: Market Watch
LONDON (MarketWatch) — U.K. stocks retreated from a 13-year high on Wednesday, after minutes from the Bank of England’s latest meeting showed only a minority of members wanted to increase the bank’s asset purchases. The FTSE 100 index (FTI:UK:...
Japan stocks rally after central-bank meet
May 22, 2013 at 15:37 | Source: Market Watch
HONG KONG (MarketWatch) — Japanese stocks ended at a fresh multiyear high Wednesday after the country’s central bank raised its economic outlook, even as it left other elements of the monetary policy unchanged. Australian and Hong Kong shares re...
Rupee weakens to 55.52 in afternoon trade
May 22, 2013 at 15:37 | Source: The Hindu BusinessLine
Mumbai, May 22: The rupee weakened by 12 paise at 55.52 against the dollar in the afternoon session on Wednesday due to fresh demand for dollar from importers and banks. The domestic unit opened at 55.36 on Wednesday after closing at a 5 ½ month lo...
Just Dial IPO subscribed 1.9 times
May 22, 2013 at 15:37 | Source: The Hindu BusinessLine
Mumbai, May 22: The initial public offer of local search engine Just Dial was subscribed by 1.94 times on the last day of the issue today. The Rs 950-crore IPO, the biggest issue so far this year, received bids for over 2.63 crore shares till 1 p.m....
Local search engine Justdial IPO fully subscribed
May 22, 2013 at 15:35 | Source: Business Today
The initial public offer of local search engine Just Dial was over-subscribed by 1.94 times on the last of issue on Wednesday.The Rs 950-crore IPO, the biggest issue so far this year, received bids for over 2.63 crore shares, against 1.35 crore shar...
Local search engine Just Dial IPO fully subscribed
May 22, 2013 at 14:25 | Source: Economic Times
MUMBAI: The initial public offer of local search engine Just Dial was over-subscribed by 1.94 times on the last of issue today. The Rs 950-crore IPO, the biggest issue so far this year, received bids for over 2.63 crore shares, against 1.35 crore sha...
Just Dial IPO fully subscribed but retail investors lag
May 22, 2013 at 14:25 | Source: FirstPost
Mumbai: The initial public offer of local search engine Just Dial was over-subscribed by 1.94 times on the last of issue today.The Rs 950-crore IPO, the biggest issue so far this year, received bids for over 2.63 crore shares, against 1.35 crore shar...
Gold edges higher ahead of Bernanke’s testimony
May 22, 2013 at 13:42 | Source: Market Watch
HONG KONG (MarketWatch) — Gold prices edged higher on Wednesday as the U.S. dollar weakened in the run-up to Federal Reserve Chairman Ben Bernanke’s testimony before Congress later in the day. Gold futures for delivery in June (CNS:GCM3) were ...
'Malicious' HSBC fined Rs 5.5 lakh for charging interest on settled loan
May 22, 2013 at 13:28 | Source: FirstPost
A consumer forum here has imposed a fine of Rs 5.5 lakh on banking major Hongkong and Shanghai Banking Corporation (HSBC) Ltd for unfair trade practice of keeping its customer's already settled loan account outstanding and charging interest from him....
Local search engine Just Dial IPO subscribed 70% on second day
May 22, 2013 at 05:07 | Source: Economic Times
MUMBAI: Local search engine Just Dial's initial public offer, the biggest issue so far this year, was subscribed 70 per cent on the second day of issue today. The Rs 950-crore IPO received bids for over 94.4 lakh shares as compared to 1.35 crore sha...
HSBC says rupee better suited to stand USD strength
May 22, 2013 at 03:45 | Source: FirstPost
Reuters Market Eye - HSBC picks INR as one of two Asian currencies along with the yuan that can hold their own in a climate of sticky JPY weakness, a more moderate pace of Chinese expansion, and increasing debate over Fed's quantitative easing.INR is...
Just Dial IPO subscribed 70% on second day, offer to close tomorrow
May 21, 2013 at 18:45 | Source: FirstPost
Mumbai: Local search engine Just Dial's initial public offer, the biggest issue so far this year, was subscribed 70 per cent on the second day of issue today.The Rs 950-crore IPO received bids for over 94.4 lakh shares as compared to 1.35 crore share...
Rupee hits 2013 low on importer demand, euro weakness
May 21, 2013 at 17:40 | Source: Economic Times
MUMBAI: The rupee weakened to a near six-month low on Tuesday, largely driven by weakness in the euro and import-related dollar demand that traders attributed to a private refining company. At 1115 GMT, the rupee was at 55.37/38 versus its Monday cl...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
