Air Lease Corporation Announces Full Exercise of Over-Allotment Option in IPO

United States: Air Lease Corporation today announced that the underwriters for the Company’s initial public offering have exercised in full their over-allotment option to purchase an additional 4,542,450 shares of the Company’s Class A Common Stock. After giving effect to the completion of the initial public offering and the full exercise of the over-allotment option, […]

Rikvin Publishes Singapore Taxation 2011 Factsheet

New Delhi : Rikvin, a Singapore company registration specialist has released “Singapore Taxation Report – 2011 Factsheet. The report is a detailed analysis of Singapore’s Tax regime at both the corporate and individual level. The report examines the various aspects of Singapore’s tax regime – the strongest pull factor for international businesses that setup shop […]

Air Lease Corporation Prices Initial Public Offering of Class A Common Stock

United States: Air Lease Corporation  today announced the pricing of its initial public offering of 30,283,020 shares of its Class A Common Stock at a public offering price of $26.50 per share. All shares included in the initial public offering are being sold by the Company. The Company has granted the underwriters an option to […]

Canara HSBC Oriental Bank of Commerce Life Insurance Records 82% Growth in FY 2010-11 through Bancassurance

New Delhi: Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited – a joint venture between two of India’s largest public sector banks, Canara Bank and Oriental Bank of Commerce, and HSBC Insurance (Asia Pacific) Holdings Limited, has recorded 82% growth in FY 2010-11 over the previous fiscal. The Company is also one of […]

ICEX : DAILY MARKET UPDATE

Tata Motors enters into a tie-up with State Bank of India for channel financing

Mumbai: Tata Motors has entered into an agreement with State Bank of India (SBI) for providing channel financing facilities to the Tata Motors dealers. The bank will provide financing for both, the passenger vehicles and commercial vehicles range. The dealers of Tata Motors will now have access to ready upstream finance from SBI to meet […]

SBI hikes lending rates by 25 bps

Country’s largest bank SBI on Tuesday  announced a hike in its base rate by 25 basis points, making home and auto loans from the lender dearer. The lender also increased its benchmark lending rate by the same margin which would mean the existing borrowers also have to pay more for their loans. The rate hike […]

ICEX : MIDDAY MARKET REPORT

Mumbai Mobile Payments Conference attracts Eminent Speaker line-up

Mumbai: SWIFT, the financial messaging provider for more than 9,500 financial institutions and corporations in 209 countries, today announced the line-up of global and local industry influencers set to take part at its upcoming event, Innotribe Mumbai: Mobile payments – Connecting the unbanked on June 1-2. Eminent speakers from Citi, Standard Chartered Bank, ICICI, Western […]

Sensex opens 74 points lower on funds selling

Bombay Stock Exchange benchmark Sensex shed over 74 points in opening trade on Tuesday, dragged by continued selling by funds amid losses in other Asian bourses. The BSE 30-share barometer, which has lost over 600 points in the previous two sessions, declined by 74.01 points, or 0.39 per cent to 19,017.16 level on Tuesday, with […]