China OKs JPMorgan, Morgan Stanley joint ventures
Chinese securities regulator on Friday approved the joint ventures of JP Morgan Chase & Co and Morgan Stanley, bringing the banks a step closer toward operating securities businesses in China that they, and other banks, have long sought.
Fortis Malar Hospitals takes over Operations and Management of East Coast Hospitals
Fortis Malar Hospitals has taken over the operations and management of the 100 bedded East Coast Hospitals in Pondicherry.
Chemfab Alkalis board meet on biz restructure on Jan 31
Chemfab Alkalis has its meeting on January 31, 2011 to consider scheme of demerger between Chemfab Alkalies, Titanium Equipment, Anode Manufacturing.
Buy Elder Pharma; target of Rs 454: KRChoksey
KRChoksey is bullish on Elder Pharma and has recommended buy rating on the stock with a target of Rs 454 in its January 7, 2011 research report.
EMCO Dec qtr PAT seen up 105% at Rs 21cr: KRChoksey
KRChoksey has come out with its earning estimates on power & capital goods sector for the quarter ended December 2010. According to the research firm, EMCO December quarter sales are expected to go up by 44% to Rs 299 crore, Year-on-Year, (Y-o-Y) basis.
Adani Power Dec qtr PAT seen up 133% at Rs 169cr: KRChoksey
KRChoksey has come out with its earning estimates on power & capital goods sector for the quarter ended December 2010. According to the research firm, Adani Power December quarter sales are expected to go up by 132% to Rs 542 crore, Year-on-Year, (Y-o-Y) basis.
Test prep firm FIITJEE on road to raise Rs 400cr
Test prep firms seem to be scoring a perfect ten with investors. FIITJEE, an IIT test preparatory firm, is raising its next round of Rs 400 crore in private equity, in a possible deal that values the firm at Rs 2,000 crore, sources with direct knowledge of the deal told VCCircle.
Crompton Dec qtr PAT seen up 3% at Rs 206cr: KRChoksey
KRChoksey has come out with its earning estimates on power & capital goods sector for the quarter ended December 2010. According to the research firm, Crompton Greaves December quarter sales are expected to go up by 15% to Rs 2578 crore, Year-on-Year, (Y-o-Y) basis.
SEBI warns investors on Sahara OFCDs issue
SEBI has issued a public notice on the ongoing Sahara case as per the oral directions given by the Supreme Court. The market regulator has warned investors that Sahara has not filed any offer document nor has complied with SEBI with respect to filing of DRHP which has not be vetted by SEBI.
New silk route invests up to $25 mn in Sri Chaitanya
New Silk Route, a leading private equity firm with USD 1.4 bn of assets under management, has invested up to USD 25 mn in Hyderabad-based Sri Chaitanya Educational Group, which claims to be the country's largest network of private schools and junior colleges, at least two persons familiar with the development said.
Viceroy Hotels to consider slump sale of the Bangalore Project Division
Viceroy Hotels has its Board of Directors meeting on January 12, 2011 to consider slump sale of the Bangalore Project Division.
TA associates promotes Naveen Wadhera
Boston-based TA Associates, one of the largest and most experienced middle market private equity firms, has announced the elevation of Naveen Wadhera as Principal along with the elevation of other five executives worldwide.
Buy Jyoti Structures; tgt of Rs 162: Networth Stock Broking
Networth Stock Broking is bullish on Jyoti Structures and has recommended buy rating on the stock with a target of Rs 162 in its January 7, 2011 research report.
91-day Treasury Bills auction : Rs.4,000 crore under regular auction
91-day Treasury Bills auction : Rs.4,000 crore under regular auction
364-day Treasury Bills auction : Rs.1,000 crore under regular auction
364-day Treasury Bills auction : Rs.1,000 crore under regular auction
Bear of the Day: Stock that tanked most in the carnage
It was a total scene of carnage on D-street today with absolute no signs of any green shoots.
Inox Leisure completes acquisition of Fame India
Inox Leisure has completed acquisition of Fame India.
Buy LIC Housing Finance; target of Rs 250: IIFL
IIFL is bullish on LIC Housing Finance and has recommended buy rating on the stock with a target of Rs 250 in its January 7, 2011 research report.
Second Liquidity Adjustment Facility : Auction Results
Second Liquidity Adjustment Facility : Auction Results
KKR looks beyond buyouts in India; Eyes debt
After a busy 2010, alternative asset management major Kohlberg Kravis Roberts & Co (KKR) is looking to bring more services in India even as it expands its private equity and fixed income practices.
With 164 Exits, 2010 Proved To Be Party Time For PE Firms
It was clearly a party time for private equity firms and, dare we say, general partners. With a record number of exits, PE firms encashed a big chunk of their previous investments from Indian companies in 2010, arguably bringing to an end the first generation of investments in the country in the 2000-2005 period.
Foreign Exchange Turnover Data
Foreign Exchange Turnover Data
Government Stock - Auction Results
Government Stock - Auction Results
Need to tighten monetary policy to cool food prices: IFPRI
International Food Policy Research Institute (IFPRI) Asia sees no major issues in production of most agri commodities. According to its director Ashok Gulati, the problem seems to only lie in the case of onions where prices have jacked up dramatically.
Jindal Poly subsidiary awarded Coal Block in Mozambique
Jindal Poly subsidiary has awarded Coal Block in Mozambique.
