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IndiGo, 1 of 2 Indian airlines making profit, files for Rs 2,500 cr IPO: Key things to know

Jul 01, 2015 at 14:42 | Source: FirstPost

Top no-frills carrier IndiGo has filed paper for a Rs 2,500 crore from the public investors. InterGlobe Aviation, has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (Sebi) for its proposed IPO, subject to appl...

IndiGo, 1 of 2 Indian airlines making profit, files for Rs 2500 cr IPO: Key things to know

Jul 01, 2015 at 11:42 | Source: FirstPost

Top no-frills carrier IndiGo has filed paper for a Rs 2,500 crore from the public investors. InterGlobe Aviation, has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (Sebi) for its proposed IPO, subject to appl...

IndiGo, 1 of 2 Indian airlines making profit, files for Rs 2500 cr IPO: 10 facts to know

Jul 01, 2015 at 09:26 | Source: FirstPost

Top no-frills carrier IndiGo has filed paper for a Rs 2,500 crore from the public investors. InterGlobe Aviation, has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (Sebi) for its proposed IPO, subject to appl...

IndiGo lines up Rs 2,500-crore IPO; files papers with Sebi

Jun 30, 2015 at 17:36 | Source: FirstPost

Top no-frills carrier IndiGo today approached capital markets regulator Sebi with Initial Public Offer (IPO) plans to raise an estimated Rs 2,500 crore from the public investors.InterGlobe Aviation Limited, which runs the country's biggest airline by...

Greece nears default; shuts banks, imposes capital controls as crisis deepens

Jun 29, 2015 at 08:26 | Source: FirstPost

Greece moved to check the growing strains on its crippled financial system on Sunday, closing its banks and imposing capital controls that brought the prospect of being forced out of the euro into plain sight.After bailout talks between the left wing...

Wave of contagion expected after dramatic weekend raises Grexit chances| Reuters

Jun 29, 2015 at 01:15 | Source: FirstPost

LONDON European markets are braced for a wave of contagion from Greece on Monday, with heavy losses for southern European government bonds and regional stock markets expected as investors scramble to discount a possible "Grexit" that most h...

China stocks plummet as investors stampede out of the market| Reuters

Jun 27, 2015 at 02:30 | Source: FirstPost

SHANGHAI China stocks on Friday posted some of their worst losses in seven years, as investors stampeded out of a market amid increasing signs the country's eight-month-long bull run is running out of fuel.The key CSI300 index .CSI300 fell 7.9 percen...

IndiGo to file prospectus for $400 million float next week - sources| Reuters

Jun 27, 2015 at 01:45 | Source: FirstPost

SINGAPORE/MUMBAI India's biggest airline IndiGo is set to file a prospectus next week for a domestic stock market listing, which is expected to raise as much as $400 million, according to three sources with knowledge of the matter.IndiGo, owned by ho...

Cafe Coffee Day files for $181 million IPO| Reuters

Jun 26, 2015 at 23:30 | Source: FirstPost

MUMBAI The firm behind Cafe Coffee Day, India's biggest homegrown coffee chain, has filed a draft prospectus with regulators for an initial public offering (IPO) to raise as much as 11.5 billion rupees ($181 million).Kotak Mahindra Bank, Morgan Stanl...

IndiGo to file prospectus for $400 mn float next week: sources

Jun 26, 2015 at 21:36 | Source: FirstPost

Singapore/Mumbai: India's biggest airline IndiGo is set to file the prospectus next week for a domestic stock market listing, expected to raise as much as $400 million, three sources with knowledge of the matter said.IndiGo, owned by hospitality and ...

Coffee Day Enterprises files for IPO to raise Rs 1,150 cr

Jun 26, 2015 at 20:32 | Source: FirstPost

New Delhi: Leading coffee shop chain operator Coffee Day Enterprises has filed its papers with regulator Sebi for an Initial Public Offer (IPO) to raise an estimated Rs 1,150 crore.The company, which runs the country's biggest coffee chain under the ...

Oil down on gasoline buildup fear; Greek debt worry| Reuters

Jun 22, 2015 at 23:45 | Source: FirstPost

NEW YORK Crude oil futures fell for a second straight session on Monday on concerns that U.S. demand for gasoline may fade after a strong stretch and in worries about the potential fallout from the Greek debt crisis.The slide came despite data from m...

Deutsche Bank trims Sensex target to 31,000 for 2015, finds FDI flow poor

Jun 18, 2015 at 18:59 | Source: FirstPost

Mumbai: German brokerage Deutsche Bank has trimmed its year-end Sensex target to 31,000 from 33,000 on account of a more muted environment for foreign inflows and earnings cuts in preceding two quarters.According to the brokerage, the second half of ...

Indusind Bank in talks with bankers for $750 million share sale - sources | Reuters

Jun 11, 2015 at 00:15 | Source: FirstPost

MUMBAI Indusind Bank is in talks with investment banks to arrange a share sale that could be worth $750 million, two sources directly involved in the deal told Reuters.Morgan Stanley, CLSA, JM Financial and Credit Suisse are in the running to act as ...

Modi is fixing UPA's broken economy; the stagflation cycle to end soon

Jun 10, 2015 at 18:12 | Source: FirstPost

One of the less noticed aspects of the latest GDP data put out by the government is that growth in the fourth quarter of 2014-15 was practically identical in terms of real growth and nominal growth (that is, GDP without adjusting for inflation).While...

Modi is fixing UPA's broken economy; the stagflation cycle is about to end

Jun 10, 2015 at 15:42 | Source: FirstPost

One of the less noticed aspects of the latest GDP data put out by the government is that growth in the fourth quarter of 2014-15 was practically identical in terms of real growth and nominal growth (that is, GDP without adjusting for inflation).While...

Capital goods index up; analysts bet on rising order flows, increasing govt spend

Jun 10, 2015 at 13:38 | Source: FirstPost

With key equity benchmark indices staging a smart recovery in early Wednesday trade after the recent slump, investors appear to be more upbeat in the capital goods space betting on hopes the surging order book position and the government's increasing...

Oil falls as China cuts crude imports; OPEC decision weighs| Reuters

Jun 08, 2015 at 22:45 | Source: FirstPost

NEW YORK Oil fell by up to 1 percent on Monday on a slump in Chinese demand and worries that OPEC's decision to pump without restraint could prolong the current supply glut, although a weaker dollar limited losses.China, the top net oil importer in t...

Investors say new boss brings fresh eye to Deutsche Bank's challenges| Reuters

Jun 08, 2015 at 22:30 | Source: FirstPost

FRANKFURT/LONDON John Cryan faces the briefest of honeymoons as chief executive of Deutsche Bank.Investors believe the Briton is better equipped than his predecessors to revive the fortunes of Germany's largest bank. As a result, its shares rose 8 pe...

OPEC set to hold line on output, setting aside Iran dilemma| Reuters

Jun 04, 2015 at 02:15 | Source: FirstPost

VIENNA OPEC is set to carry on pumping oil nearly flat-out for months more, content that last year's shock market therapy has revived demand and knocked back growing competition.With oil prices having stabilised at around $65 a barrel, some $20 above...

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