UBS cannot arbitrate with Nasdaq over Facebook IPO: Court
Fri, 31 Oct 2014 11:42:33 -0700By a 2-1 vote, 2nd US Circuit Court of Appeals in New York upheld a lower court judge's conclusion that UBS' claims were not subject to arbitration.
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 ...
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 ...
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.
Power Mech Projects plans IPO, files prospectus
Thu, 30 Oct 2014 07:00:37 -0700Power Mech Projects Limited has filed its Draft Red Herring Prospectus (DRHP) with the market regulator SEBI for its proposed IPO of 4,269,000 equity shares of face value Rs 10 each at a price to be decided by the Book Building process.
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.
Alcatel-Lucent sales dip, margins improve in Q3
Thu, 30 Oct 2014 00:29:28 -0700Finance director said company was still planning an IPO of its undersea cables business in 2015, but that timing would depend on market conditions.
SoftBank Invests $627 Million in Snapdeal
Tue, 28 Oct 2014 09:55:00 -0700Softbank will invest $627 million in Snapdeal, the fastest growing and largest online marketplace in India.
Infibeam launches .OOO domain globally
Fri, 31 Oct 2014 06:22:14 -0700Even as it launched the new generic top level domain .OOO (dot-triple-'O') globally, becoming the first Indian Internet Registry to do so, Ahmedabad-based Infibeam is planning to file the draft red herring prospectus (DRHP) for its upcoming Rs 500 crore IPO in two months.
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.