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Corporate News

Coffee Day Enterprises gets Sebi nod for Rs 1,150-crore IPO

Mumbai: Market regulator Sebi has given its nod to Coffee Day Enterprises to launch an initial public offering, according to the bankers. India’s largest coffee chain, is planning to raise about Rs 1,200 crore through an initial public offering to expand its retail network and reduce debt. “Sebi approval came couple of days ago. We […]

Corporate News

IPO market heats up, 30 Companies line up for Rs 16,000 cr offers

Mumbai : The initial public offering (IPO) space is in the thick of activity, as 30 companies line up offers worth more than Rs 16,000 crore to fund their business expansion, meet working capital requirements and make loan repayment. At least 19 of them have already got green signal from the Securities and Exchange Board […]

Corporate News

Navkar Corp to raise Rs 600 cr; issue opens on August 24

Mumbai : Navkar Corporation has come out with its initial public offer (IPO) to raise Rs 600 crore. The issue will open for subscription on August 24, which is scheduled to be closed on August 26, 2015. The offer comprises a fresh issue aggregating up to Rs 510 crore and an offer for sale aggregating […]

Corporate News

Pennar Engineered Building Systems IPO to open on August 25

Mumbai : Pennar Engineered Building Systems will open its public issue for subscription on August 25, which is scheduled to be closed on August 29, 2015. The price band is fixed at Rs 170-178 apiece. The issue consists of a fresh issue of Rs 58 crore and an offer for sale of up to 55,16,141 […]

Corporate News

Shree Pushkar Chemicals & Fertilisers’ IPO opens on 25 August

Mumbai : Shree Pushkar Chemicals & Fertilisers’ IPO will open on 25 August for subscription. In its red herring prospectus (RHP), the Mumbai-based said the latest IPO will remain open till 27 August. Shree Pushkar Chemicals & Fertilisers plans to raise INR70 crore through the IPO which will include 20.26 lakh shares from existing shareholders […]

Corporate News

Justice Finally Served To The Buyers And Developers Of Noida

October 2013 will be earmarked as a month of severe crisis for the real estate pocket of Noida as the National Green Tribunal (NGT) had literally thrown a knockout punch to the developers and homebuyers who had already invested in the projects of the region. And today will go down in the history books of […]

Corporate News

Emirates NBD launches DirectRemit 2 Mobile funds transfer platform UAE to India

Mumbai: Emirates NBD, a leading bank in the United Arab Emirates, announced the launch of an innovative funds remittance service, DirectRemit 2 Mobile that enables account holders in the UAE to transfer funds to any registered mobile phone number in India. This pioneering service builds on the bank’s popular DirectRemit platform that allows money transfers […]

Corporate News

Intel presents Safehack –Curtain Raiser for Hackathon campaign for women safety

Intel Corporation is all set to present Safehack – the curtain raiser fora hackathon campaign, to strengthen women safety in India. With an aim to create a real impact in the society, Safehack will engage coders from all over India to develop an app for women’s safety. The event is being organized by Crosshairs Communications, […]

Corporate News

Cathay Pacific announces 2015 Interim Results

The Cathay Pacific Group has reported an attributable profit of HK$1,972 million for the first six months of 2015. This compares to a profit of HK$347 million in the first half of 2014. Earnings per share were HK50.1 cents compared to HK8.8 cents for the corresponding period in 2014. Revenue for the period decreased by […]

Corporate News

Tata Communications calls on technology enthusiasts to design a Formula 1® Grand Prix prediction tool for fans

London : Tata Communications today announces the second challenge of the 2015 F1® Connectivity Innovation Prize[1]. The goal of the contest with its USD $50,000 prize is to inspire the brightest minds around the world to harness their ingenuity, technical know-how and passion for F1® racing to engage fans in the sport through two technology […]