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Twitter boosts IPO range amid strong investor demand

Last Updated: Tuesday, November 5, 2013, 14:11

Amid a red-hot market for initial public offerings and soaring equity markets, Twitter raised its price range to $23 to $25 per share on Monday, but kept the offering size at 70 million shares. That means it will raise up to $2 billion if an overallotment option of 10.5 million shares is exercised.

India asks IBM to pay $866 million in outstanding tax: Reports

Last Updated: Saturday, November 2, 2013, 15:59

Indian tax authorities have asked IBM`s local unit to pay Rs 53.57 billion in outstanding income tax on fiscal 2009 revenue, media reported on Saturday.

JP Morgan's hiring practices in India, Singapore under scrutiny

Last Updated: Saturday, November 2, 2013, 13:31

A report in the New York Time said that the federal investigation into the hiring practices of JPMorgan Chase appears to be expanding beyond China into other Asian markets.

Twitter likely to go public on November 15

Last Updated: Wednesday, October 16, 2013, 14:53

The much anticipated initial public offer by microblogging site Twitter is likely to hit the US stock market on November 15, claims a research report.

Lifting cap on FII holdings in G-secs can net $40 b: Report

Last Updated: Thursday, September 12, 2013, 23:05

At a time when the government and RBI are working overtime to boost dollar inflows, a report today said lifting the cap on FII exposure in government bonds can net in around USD 40 billion over the next one year.

Bank of America may face civil charges over financial crisis

Last Updated: Friday, August 2, 2013, 10:21

Bank of America may face civil charges over its actions during the financial crisis related to its mortgage products, the bank said in a filing to a US regulatory agency.

SEC wins as ex-Goldman executive Tourre found liable for fraud

Last Updated: Friday, August 2, 2013, 09:24

Tourre was found liable on six of seven counts by a Manhattan federal jury in the SEC's highest-profile trial to spill out of its investigations into causes of the 2008 financial crisis.

Attacking SEC similar to insulting Constitution: Union minister

Last Updated: Sunday, July 7, 2013, 18:59

Referring to West Bengal CM Mamata Banerjee`s attacks against State Election Commission (SEC), Union minister Abu Hasem Khan Chowdhury said "insulting" it was similar to insulting Constitution.

Mamata vows to take revenge `democratically` against SEC

Last Updated: Sunday, July 7, 2013, 00:09

West Bengal Chief Minister Mamata Banerjee on Saturday slammed the State Election Commission (SEC).

HC requests Bengal officials to meet SEC members

Last Updated: Friday, July 5, 2013, 17:38

The Calcutta High Court on Friday requested West Bengal`s chief secretary, home secretary and DGP to meet State Election Commission officials by Saturday to arrange security of candidates for the coming panchayat elections.

HC requests Bengal officials to meet SEC members

Last Updated: Friday, July 5, 2013, 17:33

The Calcutta High Court on Friday requested West Bengal`s chief secretary, home secretary and DGP to meet State Election Commission officials by Saturday to arrange security of candidates for the coming panchayat elections.

Govt bonds turn bearish, call rate ends higher

Last Updated: Wednesday, June 26, 2013, 19:26

The Government securities (G-Sec) traded bearish on selling pressure from banks and corporates, while the call money rates ended higher at the overnight call money market here Wednesday due to good demand from borrowing banks.