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    • FPIs' holding in BSE-200 cos drops to $291 bn in March qtr

      In percentage terms, FPI holdings in BSE-200 companies came down marginally to 24.5 percent in the March quarter against 24.8 percent in the preceding quarter.

    • Videocon D2H lists on Nasdaq; to be PAT positive by yr-end

      Videocon's executive director Saurabh Pradipkumar Dhoot says the capital raised is more than enough to support its growth and capital expenditure plans for the next few years. He expects the company to be cash and PAT positive by the end of this year.

    • HDFC Bank promoters dilute 0.7% stake to raise capital

      The bank also made a fresh issuance of 8.6 crore shares. As a result total number of paid-up shares stood at 250.35 crore at the end of February 10.

    • Satyam's $125m class action suit settlement taxable: AAR

      The Authority for Advance Ruling has ruled that the USD 125 million-class action suit settlement done by Mahindra Satyam (formerly Satyam Computer Services Limited ) is taxable.

    • The real threat is Spain, not Greece: Here's why

      The greatest threat to the global economy has quickly shifted west to Spain. Spain`s stock market and big bank stocks continue to tumble. The benchmark IBEX 35 index is down 10% since Jan. 1 and nearly 30% over the past year.

    • Jaiprakash Power Ventures gets board nod to raise Rs 3500cr

      Jaiprakash Power Ventures, a part of the Jaypee Group, today said its board has approved plans to raise up to Rs 3,500 crore through issue of securities, and the proposal to enter into cement business.

    • ICICI Bank gives 38% return on Gaddafi fund investment

      Libyan dictator Muammar Gaddafi has suffered huge losses on various funds despite paying hefty fees, but his investment in ICICI Bank gave impressive returns, a new leaked document showed today.

    • Singapore Exchange Q2 net misses expectation, eyes merger

      Singapore Exchange (SGX) said on Tuesday it was on track to complete its USD 7.8 billion merger with Australian bourse operator ASX in 2011, as it missed forecasts for quarterly profit on higher costs such as technology spending.

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