Energy-focused private equity firm First Reserve Corporation, which has USD 20 billion of equity in its active buyout funds, has opened an office in Hong Kong and formed First Reserve Asia Limited.
Has the time come to buy some of the world's most unloved investments, such as Greek bonds, and stick them in the bottom drawer?
The payment dispute over last year's Commonwealth Games rumbles on with a foreign company rejecting claims of non-performance by organisers and demanding their fee is paid immediately.
World stocks pulled back from a 29-month high on Wednesday as China's interest rate rise prompted investors to book profits, while inflation expectations sent US and UK benchmark bond yields to multi-month highs.
Mercedes-Benz India continued its high growth trajectory and started 2011 with record sales performance. The company clocked an impressive sale of 640 units in the month of January 2011.
According to IIFL, traders can sell Bharat Forge Future below Rs 324 with stop loss of Rs 330 for a possible target of Rs 310, in its February 9, 2011 research report.
State-run MOIL has reported a net profit of Rs 125 crore for the quarter ended December 2010 as against Rs 121 crore in same period the previous year.
The ALCO of IDBI Bank reviewed the interest rates on retail term deposits and keeping in view credit demand, inflation and liquidity scenario, the Bank has decided to increase the retail term deposit rates by 25 -125 basis points (bps) in different maturity buckets.
Moser Baer starts domestic production of YUKITA Brand junction boxes in partnership with Yukita Elect for solar PV modules at its Greater Noida plant.
Scheduled Banks' Statement of Position in India as on Friday, January 28, 2011
After proposing for a 51% FDI cap on multi-brand retail, the Department of Industrial Policy and Promotion (DIPP) is now hitting the pharma space. It is batting for 49% FDI in existing pharmaceutical companies.
Corporation Bank has revised its Benchmark Prime Lending Rate (BPLR) upward by 35 basis points i.e 13.60% from 13.25% w.e.f February 14, 2011.
Arvind Chemicals has changed name of the company from “Arvind Chemicals” to “Gujarat Metallic Coal & Coke”.
Angel Broking is bullish on Bhushan Steel and has recommended accumulate rating on the stock with a target of Rs 419 in its February 8, 2011 research report.
Elecon Engineering has bagged order worth Rs 82.02 crore from various clients for design, engineering, manufacturing, supplying, erection etc.
Goldman Sachs has lifted its inflation forecast for India for the next fiscal year to 6.7% from the earlier 6%, citing higher global commodity prices and upside surprises in agricultural prices.
Honeywell Automation India at its meeting held on February 09, 2011 has declared dividend at Rs 10 per share.
Rural Electrification Corporation at their meeting held on February 09, 2011 has declared dividend at Rs 3.50 per share of Rs 10 each for FY- 2010-11.
Mid and small cap shares plunged on Wednesday, as investors worried about the impact of high interest rates on the profitability of these companies. DB Realty chief executive Shahid Balwa’s arrest the previous evening, and fresh allegations of fraud against Anil Ambani group companies, added to the nervousness in the market.
Angel Broking is bullish on Aurobindo Pharma (APL) and has recommended buy rating on the stock with a target of Rs 1415 in its February 8, 2011 research report.
Karnataka Silk Industries Corporation Limited (KSICL), a state government-owned company, is aiming to achieve turnover of Rs 100 crore in the fiscal 2011-12 with an expansion of its manufacturing unit.
Attempts by the US to legally nab Julian Assange are proving to be unsuccessful as prosecutors have failed to find evidence that the WikiLeaks founder in any way forced Army private Bradley Manning to leak government documents.
The Boeing Co on Wednesday said it would deliver the first 787 Dreamliner aircraft to Air India in the fourth quarter of 2011, indicating a further delay from its prior delivery estimates.
The ADAG Group stock, Reliance Communications tumbled 14.32% or Rs 15.85 to end at Rs 94.85 on the BSE. It touched a 52-week low of Rs 90.80. It touched an intraday high of Rs 109.75 and an intraday low of Rs 90.80.
Hinduja Global Solutions expects to close its first China joint venture deal by June-end, Chief Executive Partha De Sarkar told Reuters on the sidelines of a NASSCOM summit