Jp Morgan Securities

Speaking to CNBC-TV18, Sunil Garg of JP Morgan Securities says the best among EMs currently is relatively cheap China, which is reversing its downward trend. Relatively, India has been underperforming the other EMs.

Glenmark launches offer to raise up to $200 mn

Glenmark Pharmaceuticals launched an offer on the Singapore Stock Exchange to raise up to USD 200 million (over Rs 1,340 crore) through issue of securities

Vedanta Resources to buy back bonds worth $500 mn

Global ratings agency Moody's said that while the repurchase cannot be treated as a distressed exchange, additional discounted note repurchases may be treated as one.

LinkedIn eyes up to USD 1.35 bn from share sale

The share sale, which commenced yesterday, will close on September 10, 2013 and the company has fixed a price of USD 223 per share of Class A common stock.

Facebook changes may affect Zynga‘s quarters: Analysts

Zynga Inc's financial performance is unlikely to improve anytime soon, analysts said, after changes to Facebook Inc's algorithm have made it harder for users to access games such as "Farmville" and "Hidden Chronicles".

Analysts skeptical as RIM reviews strategy

Research In Motion Ltd's move to hire bankers for a strategic review and scout for partnerships prompted a slew of price-target cuts from analysts, who were skeptical about the BlackBerry maker's ability to attract a buyer.

Avon to consider Coty's takeover bid

Global beauty firm Avon Products Inc has said it will consider fragrance maker Coty Inc's takeover bid and its board expects to respond to the proposal within a week.

Kraft's domestic business lacks bite: JP Morgan

The Cadbury acquisition will eventually help Kraft Foods Inc with added sales and patient investors will find it an attractive investment, but a lackluster performance in its domestic market made JP Morgan Securities downgrade the company's stock.