Tata Steel FPO anchor book subscribed nearly 8 times
The anchor book of Tata Steel's follow-on public offer (FPO) was subscribed nearly eight times on Tuesday, reports CNBC-TV18 quoting sources. Anchor book opens for one day before issue opens for other investors.
Tutorvista K Ganesh On Life After Selling Stake To Pearson
One of education sector's keenly watched enterprises, TutorVista Global, has now come under the UK-based Pearson Group umbrella.
Nasdaq Dubai unveils new rules for IPOs, listed firms
Exchange operator Nasdaq Dubai on Tuesday unveiled new rules for initial public offerings and reporting requirements for listed firms as it seeks to boost liquidity and attract investors.
Brent towards $98 as OPEC signals steady output
Brent crude futures edged higher on Tuesday after OPEC members signalled the group would maintain production levels even as prices flirt with USD 100 a barrel, while the resumption of shipments through the Trans-Alaska Pipeline capped price gains.
Rupee largely steady; oil demand weighs
The rupee was largely steady in the afternoon session on Tuesday as dollar demand from oil firms offset positives following domestic share gains.
Clijsters hands sorry Safina a 'double bagel'
Belgium's Kim Clijsters inflicted the dreaded 'double bagel' on Russian Dinara Safina with a 6-0 6-0 first round blowout at the Australian Open on Tuesday.
RCom draws down ECB of Rs 1155 crore for 3G spectrum refinancing
Reliance Comm has drawn down external commercial borrowing (ECB) of Rs 1155 crore for 3G spectrum refinancing.
How to start a microfinance business
India is currently considered the largest emerging market for microfinance institutions (MFIs).
Sensex ends above 19K; metals, banks, IT lead
Indian benchmarks rallied smartly on Tuesday on the back of good third quarter earnings from TCS and strong European cues. Technology, financial and metal companies' shares drove the 50-share NSE Nifty to settle the session above 5700 level, with gain of 69 points at 5724.
Find out: How to increase competency at work
Competency profiling is the process of identifying the knowledge, skills, abilities, attitudes, and judgment required for effective performance in a particular occupation. The competencies in a model may be organized in a variety of formats, but no one approach is inherently best.
Buy TCS; target of Rs 1400: Prabhudas Lilladher
Prabhudas Lilladher is bullish on Tata Consultancy Services (TCS) and has recommended buy rating on the stock with a target of Rs 1400, in its January 18, 2011 research report.
Jan effect: Juxtaposing the phenomena with Indian Mkts
‘The January effect is a popular phenomenon in the US, historically, this has held its mettle in the S&P500 which is traded on the US markets, it would be interesting to juxtapose this within the Indian Markets.
3i Infotech wins contract from Manipal Health Enterprises
3i Infotech has won contract from Manipal Health Enterprises to provide end-to-end IT Infra solutions.
Halcyon Buys Out Hospital Management Firm IHHS For Rs 202Cr
Halcyon Finance and Capital Advisors Private Limited, a turnaround specialist, has acquired hospital management services firm Integrated Health and Healthcare Services India Private Limited (IHHS) for $44.4 million (Rs 202 crore) through its Singapore based subsidiary Infrahealth Pte Ltd.
Axis Bk Q3 review: ICICI Direct maintains target of Rs 1520
Private sector lender Axis Bank has announced its results for the quarter ended December 2010. Commenting on the results, Kajal Jain, Chief Manager, Research, ICICI Direct says, the numbers are quite strong. “We have maintained the target of Rs 1,520,” she says.
Nagarjuna Const arm buys 55% stake in Nelcast Energy Corp
Nagarjuna Construction arm buys 55% stake in Nelcast Energy Corporation, reports CNBC-TV18. It touched an intraday high of Rs 116.80 and an intraday low of Rs 113.50. At 15:21 hrs the share was quoting at Rs 116.20, up Rs 3.40, or 3.01%.
Buy Zee Entertain; target of Rs 154: KRChoksey
KRChoksey is bullish on Zee Entertainment Enterprises and has recommended buy rating on the stock with a target of Rs 154 in its January 17, 2011 research report.
King's Speech leads field with 14 BAFTA nominations
"The King's Speech", in which Colin Firth plays the stammering King George VI, won 14 BAFTA nominations on Tuesday, ahead of ballet drama "Black Swan" which garnered 12.
Hutchison unit set for $6 bn S'pore listing
Hutchison Whampoa plans to spin off a unit, in a move that could help it raise USD 6 billion and expand its port and infrastructure portfolio.
India gold adds to gains; demand retreats
India's gold futures extended gains for a third day on Tuesday afternoon, touching a level seen late last week, keeping traders away from placing fresh deals as they awaited direction from the rupee, dealers said.
Asian Hedge Funds Hunt for Treasures Overseas
Asian hedge funds, starved for capital since the financial crisis in 2008, are beginning to make a tactical sojourn to markets abroad, directly chasing clients in the United States and Europe to gather the elusive assets.
Anand Sharma signals opposition to RBI rate hike
Trade Minister Anand Sharma said on Tuesday monetary policy may not be the right tool to fight high food inflation, in a strong political signal against a rate hike in next week's Reserve Bank policy review.
McDowell targets top spot after stellar year
New world number four Graeme McDowell has reaffirmed his goal of continuing his rapid rise up the rankings until he eventually takes over the top spot.
Ybrant Digital raises $48 mn, to list in 2011: CEO
Digital marketing company Ybrant Digital Ltd has raised USD 48 million from four investors including Oak Investment Partners, Asia Pacific Capital, ICICI Bank and a US-based firm, a top official told Reuters on Tuesday.
Buy Larsen and Toubro; target of Rs 2015: Emkay
Emkay Global Financial Services is bullish on Larsen and Toubro and has recommended buy rating on the stock with a target of Rs 2015 in its January 17, 2011 research report.
