Kiri Dyes to approve sub-division of equity shares
Kiri Dyes and Chemicals to consider and approve sub-division of equity shares in the meeting, which will be held on January 17, 2011.
Diamant Infra bags order of Rs 40.90 cr
Diamant Infrastructure has been awarded work for price of Rs 40.90 crore by Ashoka Buildcon.
Sambandam Spin board to consider Interim Dividend
Sambandam Spin board to consider Interim Dividend in the meeting, which will be held on January 29, 2010.
Jayshree Chem commissions 152 TPD plant ahead of schedule
Jayshree Chem has commissioned 152 TPD plant ahead of schedule with a total capital outlay of Rs 150 crore.
Add BPCL; target of Rs 759: IIFL
IIFL has recommended add rating on BPCL with a target of Rs 759 in its January 5, 2011 research report.
Unity Infra bags order of Rs 122.14 cr
Unity Infraprojects has bagged contract of Rs 122.14 crore from Director General, MAP - Government of India.
Maytas Infra bags order of Rs 372.64 cr from NHAI
Maytas Infra has bagged a contract from NHAI for construction of 4-laning Road in the state of Assam for a total value of Rs 372.64 crore.
Lavasa check: Medha Patkar advises team on areas to inspect
Social activist Medha Patkar met with the inspection panel to discuss serious violations of the Lavasa project. She has instructed the inspection panel on which areas needed to be visited and said that she would be accompanying the technical panel on the inspection.
MFI Ujjivan raises Rs 40cr via NCD route
At a time when microfinance institutions are facing liquidity crunch due to the tightening in the regulatory environment, Bangalore-based Ujjivan Financial Services has raised Rs 40 crores of debt capital from DWM through issuance of non-convertible debentures.
Four sectors investors & dealmakers chased in 2010
After a lull in deal-making activity (both private equity and M&As) post the credit crisis (in 2008), a slow revival in deals in 2009 gave way to a surge at the end of 2010.
Ikya Human Capital buys Magna Infotech for Rs 100cr
Ikya Human Capital Solutions, a Bangalore-based integrated HR solutions company, has acquired Hyderabad-based IT staffing company Magna Infotech in a Rs 100-crore deal.
Results of OMO purchase auction held on January 5, 2011 - Settlement on January 6, 2011
Results of OMO purchase auction held on January 5, 2011 - Settlement on January 6, 2011
Buy Panama Petrochem; target of Rs 350: Sunidhi Securities
Sunidhi Securities is bullish on Panama Petrochem (PPL) and has recommended buy rating on the stock with a target of Rs 350 in its January 5, 2011 research report.
Hitachi Buys Out IT Services Firm Sierra Atlantic
Hitachi Consulting, an international management and technology consulting firm, has acquired venture capital-backed offshore enterprise applications and outsourced product development firm Sierra Atlantic.
India equity partners to invest $10 mn in Fourcee
Logistics continues to be a hot bet for investors. India Equity Partners, a mid-market private equity firm is investing $10 million into Fourcee Infrastructure Equipments Pvt. Ltd, a Mumbai based air freight and logistics firm, sources close to the development told VCCircle.
Battle for fame India reaches final leg
The corporate takeover battle between Inox and Reliance ADA Group has entered the final lap with media reports of Reliance managing to buy an additional 32% odd stake from minority shareholders of Fame (largely institutional investors) that takes its holding to around 44%.
Answers to the $500 mn Facebook question
Facebook has a new friend. Goldman Sachs just invested USD 450 million in the company. Digital Sky Technologies (DST), a company that already has a stake in Facebook followed through with USD 50 million. This latest round of funding pushes Facebook’s valuation to an estimated USD 50 billion.
Tyre makers buy rubber at record USD 4.69 per kg
Indian tyre makers bought natural rubber at a record Rs 212 (USD 4.69) per kg on Wednesday as sellers raised prices after a surge in the international markets, head of a dealers body told Reuters.
CIOs: Implement SaaS For Right Reasons, Warns Ovum
In a new report on the SaaS delivery of IT management capabilities, the independent technology analyst states that CIOs should only implement SaaS if it is right for their organisation and they are clear about the business outcome they want to achieve.
Infibeam.com eyes up to Rs 100cr VC funds
For starters, Infibeam.com last month launched its infrastructure platform for retailers to set up their own online storefront. It powers the online shops for kitchen appliances maker TTK Prestige Limited.
Second Liquidity Adjustment Facility : Auction Results
Second Liquidity Adjustment Facility : Auction Results
Sadbhav Engineering approves allotment of 12 lakh equity shares
Sadbhav Engineering at its meeting held on January 5, 2011 approved allotment of 12 lakh equity shares of Re 1 each against conversion of Warrant.
Coral Hub declares final dividend at 6%
Coral Hub has declared final dividend at 6% i.e Re 0.06 per share of Re 1 each for the financial period ended June 30, 2010.
BIFR considers Cimmco Birla a sick industrial company
BIFR has considered Cimmco Birla a sick industrial company.
