SBI fixes Rs 274.37 price for preferential share issue to govt

Last Updated: Thursday, September 3, 2015, 21:43

Country's largest lender SBI on Thursday said it will issue over 19.6 crore shares on preferential basis at a price of Rs 274.37 per share to the government for raising Rs 5,393 crore capital.

Acer founder says open to takeover amid stock price slide

Last Updated: Thursday, August 27, 2015, 16:11

Acer Inc founder Stan Shih said he would welcome a takeover of the struggling Taiwanese computer maker after a steep fall in its share price, while warning any potential buyer would pay a heavy price.

Govt stake sale not to impact IOC's ratings: Moody's

Last Updated: Wednesday, August 26, 2015, 15:38

The government's 10 percent stake sale in Indian Oil Corp (IOC) will not have any impact on the company's ratings, Moody's Investors Service and Fitch Ratings said on Wednesday.

Sensex volatility & Global meltdown triggered by China: 4 Astrological predictions for investment in days ahead

Last Updated: Tuesday, August 25, 2015, 14:07

The plunge in Global Markets is just a beginning towards Global Recession

IOC share sale begins amid bloodbath in market

Last Updated: Monday, August 24, 2015, 11:22

The government is looking to raise about Rs 9,302 crore from sale of 24.28 crore shares in IOC through a one-day OFS route at a floor or minimum price of Rs 387 apiece.

Indian Oil stake sale Monday; govt eyes best 'first half' disinvesment kitty in 7 years

Last Updated: Sunday, August 23, 2015, 17:30

Looking to garner Rs 9,300 crore from Indian Oil share sale Monday, the government expects its disinvestment kitty so far this fiscal to swell to Rs 12,600 crore -- making it the best 'first-half' in 7 years.

Yes Bank to decide on $1 bn share sale in H2

Last Updated: Sunday, August 23, 2015, 11:17

"We will decide about ADR/GDR or domestic issuance of shares in the second half of the current fiscal," Kapoor, Managing Director and CEO of Yes Bank said.

Govt sets IOC share sale floor at Rs 387; to raise Rs 9,302 crore

Last Updated: Saturday, August 22, 2015, 14:53

Government on Saturday fixed the floor price for selling its 10 percent stake in Indian Oil Corp (IOC) at Rs 387 a share -- about 2 percent below last closing -- which is likely to fetch Rs 9,302 crore to the exchequer.

Jack Ma joins Alibaba's $4 billion shares buy-back

Last Updated: Monday, August 17, 2015, 23:08

Chinese e-commerce giant Alibaba's founder and chairman Jack Ma and vice chairman Joe Tsai today said they would use their own money to buy the company's shares as it began a two-year plan to buy-back shares worth USD 4 billion.

SEBI notifies 'fast-track' route for share sales

Last Updated: Tuesday, August 11, 2015, 19:32

To boost fund raising from markets, SEBI Tuesday notified new norms, which will provide all listed companies a 'fast-track' route for share sales.

Samsung claims 40% share in smartphone market in June

Last Updated: Tuesday, August 4, 2015, 18:54

Electronics giant Samsung Tuesday said its market share in the Indian smartphone segment has crossed 40 percent in June.

AIG profit beats estimates, boosts buyback by $5 billion

Last Updated: Tuesday, August 4, 2015, 04:39

American International Group Inc , the largest commercial insurer in the United States and Canada, reported a quarterly operating profit that breezed past analysts` estimates, and boosted its share buyback by up to $5 billion.