Angry Birds’ Rovio in no rush for stock exchange listing
Rovio, the Finnish company behind the game and toy phenomenon Angry Birds, is not planning an initial public offering any time soon as it concentrates on managing its fast growth, a senior executive...
View ArticleMark Zuckerberg, banks must face IPO lawsuit against FB: judge
Facebook Inc, Chief Executive Mark Zuckerberg and dozens of banks must face a lawsuit accusing the social media company of misleading investors about its health before its $16 billion initial public...
View ArticleSebi says foreign portfolio investors to get same treatment as FIIs
SEBI also approved rules announced earlier this year that will allow companies to issue debt through a shelf filing, along with regulations empowering it to monitor investors' call records and conduct...
View ArticleSebi makes fund-raising easier; comes down hard on fraudsters
To ensure greater efficacy in exercise of its new powers, Sebi's board cleared new norms for its search and seizure operations, settlement proceedings, refund to investors and crackdown on illicit...
View ArticleMutual funds see asset base grow by Rs 1 lakh crore in 2013
Fund houses are upbeat about an even better performance in 2014 on account of various measures initiated by market regulator Sebi as well as plans of individual players to expand the distribution...
View ArticleSebi got new powers in 2013 to fight Sahara, Saradha and other scams
The regulator was also able to provide clarity and a direction to the market in areas like corporate governance and investor protection during 2013. The post Sebi got new powers in 2013 to fight...
View ArticleIndian IPOs bring in over Rs 1,600 cr in 2013, lowest level in 12 yrs
During the entire 2013, there were just three main-board IPOs -- Just Dial (Rs 919 crore), Repco Home Finance (Rs 270 crore) and V-Mart Retail (Rs 94 crore). The post Indian IPOs bring in over Rs 1,600...
View ArticleIt hurts when people call Sebi activist working against biz interests: Sinha
On enforcement actions, Sinha said regulators across the world "are realising that passing a penalty order against the company is been taken as extra cost of doing business so now more and more penalty...
View ArticleSebi may ask cos to make greater disclosures in IPOs to protect investors
For the benefit of investors, Sebi may seek enhanced disclosures about key issues, while the IPO price discovery mechanism may be made more investor friendly. The post Sebi may ask cos to make greater...
View ArticleCentre to sell part stake in SAIL, RINL, HAL in FY15
The disinvestment of 10 percent through an IPO in Rashtriya Ispat Nigam Ltd is "tentatively scheduled for completion in the current financial year", Finance Minister Arun Jaitley said in a written...
View ArticleSebi approves Rashtriya Ispat Nigam’s IPO plans
New Delhi: State-run Rashtriya Ispat Nigam Ltd (RINL) has received market regulator Sebi's approval to raise funds through an initial public offer (IPO). The steel maker had filed its draft papers with...
View ArticleBumper year ahead: Companies line up IPOs worth Rs 8,000 crore
According to market experts, the IPO market is expected to see some activity in 2015 as a dozen companies have filed draft papers with Sebi for public offers. The post Bumper year ahead: Companies line...
View ArticleSecond time lucky? Micromax plans IPO again, to raise $500 mn
The company had hired banks in 2010 for an IPO to raise as much as $150 million but scrapped the plan a year later, citing poor market sentiment The post Second time lucky? Micromax plans IPO again, to...
View ArticleSebi proposes to cut timeline for listing shares, faster fund raising in new...
To boost fund raising from markets, Sebi today proposed e-IPO norms where investors can bid for shares through Internet and eventually on mobiles, while already listed PSUs will be provided a...
View ArticleSebi seeks fresh clarification on Videocon d2h’s Rs 700 crore IPO
Market regulator Sebi has sought fresh clarifications from the merchant banker of Videocon d2h Ltd, the satellite television arm of Videocon Group, regarding its proposed Rs 700-crore initial public...
View ArticleFinance ministry to decide timing of Coal India stake sale: coal secy
Anil Swarup also said that the ministry has already signed an agreement with trade unions of Coal India and addressed their grievances aptly. The post Finance ministry to decide timing of Coal India...
View ArticleMahanagar Gas looks to raise Rs 800 crore via IPO
Mahanagar Gas Ltd, a natural gas distributor in India, is looking to raise around Rs 800 crore ($129.66 million) in a stock market listing in the first quarter of 2015 The post Mahanagar Gas looks to...
View ArticleAlkem Labs appoints Nomura, Axis as bankers for up to Rs 1,800 cr IPO
Alkem Laboratories has appointed Nomura and Axis Capital as lead bankers for a planned Rs 1,500-1,800 crore IPO The post Alkem Labs appoints Nomura, Axis as bankers for up to Rs 1,800 cr IPO appeared...
View ArticleAlibaba’s Ant Financial, which bought into Paytm, valued at $30bn amid...
Ant Financial Services Group, an affiliate of Chinese e-commerce titan Alibaba, is in negotiations for funding that have reached a "critical stage" and value the company at $30 billion, news magazine...
View ArticleFuture Retail Q3 profit declines 75% to Rs 5.3 cr
Future Retail Ltd today reported 75.52 percent decline in net profit at Rs 5.32 crore for the third quarter ended 31 December. The post Future Retail Q3 profit declines 75% to Rs 5.3 cr appeared first...
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