REITs IPO brand continues to grow in the global real estate market
Tue, 21 Oct 2014 10:11:00 -0700LONDON, Oct. 21, 2014 /PRNewswire/ -- Following the record IPO levels of 2013, real estate investment trust (REIT) IPO volumes remain strong in 2014, according to the EY's Global Perspectives: 2014 REIT report. With US$6.8b raised globally in the first half of 2014, this activity has been positive for the sector, stimulating interest in the REIT concept globally, as well as expanding its range ...
Alibabas Stellar Listing to Benefit Indian E-commerce Sector: Rehan Yar Khan
Tue, 23 Sep 2014 21:00:49 -0700Angel investor Rehan Yar Khan is very optimistic about the e-commerce space in India and expects more interest from global investors, particularly from those who made gains from the Alibaba IPO.
Momai Apparels Ltd’s IPO Oversubscribed By 1.84 Times
Mon, 20 Oct 2014 16:07:51 -0700India, Oct 20 : Momai Apparels Ltd.’s Rs 43.33crore (approximately US$7m) IPO, which came up during Sept 25-30, 2014 was oversubscribed by 1.84 times. It was biggest SME IPO for NSE Emerge Listing. The shares of the company got listed on NSE SME window on Oct 16, 2014.
International IPO ETF Comes to Market
Tue, 07 Oct 2014 06:30:57 -0700The Renaissance IPO ETF (NYSEArca: IPO) , which has risen to acclaim in recent weeks for being among the ETFs with the largest weight to Alibaba (NYSE: BABA) gets an international cousin today with the ...
Factbox - Indian banks constellation of non-core financial assets
Thu, 16 Oct 2014 06:31:15 -0700REUTERS - India's state-run lenders, weighed down by bad loans and lacklustre profits, are set to sell out of stakes in a string of non-core assets to help raise billions needed to meet global capital regulatory requirements. Below is a list of key assets that could go on the block. * National Stock Exchange of India Ltd (NSE): India's biggest stock exchange is over 10 percent owned by nation's ...
UTIs plans for public offer in pause mode
Fri, 17 Oct 2014 12:06:46 -0700The initial public offering (IPO) of UTI Mutual Fund has been put on hold for the time being. Sources familiar with the development said the finance ministry, which was approached for approval for the plan, had conveyed there would be no immediate go-ahead.
Rocket Internet - First Mover In Indonesia?
Thu, 23 Oct 2014 05:12:23 -0700I have been sceptical about Rocket Internet's claims for first-mover status in the online markets of emerging economies or the ease with which Rocket sites will conquer them. Shortly after Rocket's IPO earlier this month, I looked at the competitive situation facing Jabong, Rocket’s apparel retailing site in India. I started with India because Jabong has direct rivals there, rivals backed by ...
Sebi seeks clarification on RINLs IPO
Tue, 21 Oct 2014 02:06:37 -0700The IPO of state-owned steel maker RINL is scheduled to hit the markets in the current fiscal, and the Cabinet has already accorded its approval for the stake sale.
India property giant DLF shares plunge on trading ban
Tue, 14 Oct 2014 09:54:56 -0700India's biggest property developer DLF saw $1.2 billion wiped off its stock market value Tuesday after regulators barred the company from selling shares and bonds, alleging it had sought to defraud investors.
SEBI seeks clarification on RINL’s proposed IPO
Tue, 21 Oct 2014 02:00:11 -0700Market regulator SEBI has sought clarification from the merchant banker of Rashtriya Ispat Nigam Ltd (RINL) regarding the company’s proposed initial public offer (IPO).