Archive for January, 2010
January 18, 2010 by | No Comments
Incorporated in 1999, Aqua Logistics is third-party logistics service provider, delivering end-to-end solutions in the logistics and supply chain domain. Aqua Logistics capabilities include supply chain consulting, logistics execution and project logistics. As an external service provider, company’s services include multimodal transportation, contract logistics, regulatory compliance, warehousing, value added services and project logistics. Aqua Logistics [...]
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January 17, 2010 by | No Comments
The initial public offer of Jubilant Foodworks that runs the fastfood retail chain under the Dominos pizza brand in India will open for subscription from 18 Jan 2010. The price band of the initial public offer (IPO), through which the company expects to raise up to Rs329 crore, has been fixed between Rs135 to Rs145 [...]
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January 16, 2010 by | No Comments
Credit Rating Agency Fitch has assigned an IPO Grade 3 out of 5, to the proposed IPO of Jubilant FoodWorks Limited (JFL). The grade indicates the Average Fundamentals of the issue relative to other listed equity securities in India. The IPO consists of a Fresh Issue of 4,000,000 Equity Shares by the issuer and an [...]
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January 15, 2010 by | No Comments
GTL Infrastructure, a provider of passive telecom infrastructure, has announced the acquisition of Aircel Cellular’s tower business in a Rs 8,400-crore all-cash deal. The transaction will see Aircel spinning off its tower business with 17,500 towers into a special purpose vehicle (SPV), which will be acquired by GIL. The deal, which is expected to be [...]
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January 14, 2010 by | No Comments
The Cabinet Committee on Economic Affairs has approved a proposal to sell 10% government stake in Engineers India. This will be done through a follow-on public offering (FPO), and will only involve the sale of government stake, and not a fresh issue. Before the public offering, however, EIL will issue two bonus shares for every [...]
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January 11, 2010 by | No Comments
The initial public offering (IPO) of 11,503,000 equity shares of Infinite Computer Solutions India, a global service provider of Infrastructure Management, Intellectual Property (IP) leveraged solutions and IT services, has opened for subscription. The price band is fixed at Rs 155-165 per equity share. The company has received a commitment of nearly Rs 28.5 crore [...]
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January 11, 2010 by | No Comments
Infosys Technologies Limited, a world leader in consulting and information technology services, will announce results for its third quarter ending December 31, 2009 on Tuesday, January 12, 2010, Indian Standard Time (IST) (on the night of Monday, January 11, 2010, US Eastern Time (ET). The results will also be available on Infosys’ website www.infosys.com. Following [...]
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January 10, 2010 by | No Comments
MBL Infrastructures Ltd IPO will list on Monday, January 11, 2010. Issue price of this IPO has been fixed at Rs 180/- per share. IPO Listing Detail: Tobe Listed On : Monday, January 11, 2010 BSE Script Code: 533152 NSE Symbol: MBLINFRA Tobe Listed In: ‘B’ Group ISIN: INE912H01013 Issue Price: Rs. 180.00 Per Equity [...]
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January 10, 2010 by | No Comments
The country’s fast-growing education sector holds a potential to attract a whopping $100 billion (about Rs 4.57 lakh crore) investment over the next five years driven by demand for skilled professionals and need for infrastructure development, say experts. Sector experts are upbeat about the growth visible now and believe it could turn into one of [...]
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January 9, 2010 by | No Comments
Prime Minister Manmohan Singh on Friday dangled the carrot of economic growth accelerating to double-digit levels in the next two years before investors and vowed to reduce bottlenecks in setting up projects, a day after steel tycoon LN Mittal lamented about the country’s inability to execute mega investment projects. Luring non-resident Indians (NRIs) to invest [...]
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