Software major Tata Consultancy Services (TCS) is all set to bag a £ 600 million outsourcing contract from the UK Government for managing a state-sponsored pension scheme that is still in the works. The duration of the contract, awarded by Personal Accounts Delivery Authority for its UK…

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Shares of RIL slipped by 2% to Rs1069, the stock had hit an intra-day low of Rs1021 in early trades. Reliance Industries shares hogged the limelight on the first day of the year after the company sold treasury shares (A treasury stock or reacquired stock is stock which is bought back by …

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Adhunik Metaliks seems to be on a roll, on Dec 7 ‘09, received approval for diversion of forest land in Orissa for mining of iron ore from its captive mine. Today, Adhunik Metaliks announced signing of definitive agreements with India Infrastructure Fund (IIF), managed by IDFC Proj…

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ET: Shree Renuka Sugars on Tuesday said it is in talks with Balrampur Chini Mills to acquire promoters’ stake in the country’s second largest sugar firm. While Renuka Sugars is yet to offer any price, discussions between the two firms have started a month back. “The tal…

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Euro Multivision has allotted five qualified institutional bidders 43.69 lakh shares or 50% of the issue, Eit closed down almost 30% on its first day of listing. Euro Multivision, the Compact disc maker finally ended at Rs 53.55 against its issue price of Rs 75 per share. The stock had …

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MUMBAI: India’s Bharti Airtel said late on Wednesday it and South Africa’s MTN had called off talks for a planned tie-up due to the inability of the South African government to accept the deal in current form. Bharti said it will continue to look for international opportunit…

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New Delhi: Buoyed by positive market sentiments and demand revival in housing, four real estate companies - Emaar MGF Land, Lodha Developers, Sahara Prime City and Ambience Ltd - are looking to mop-up over Rs 11,000 crore through public offerings. The four realtors on Tuesday filed their…

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NEW DELHI/MUMBAI: For a good part of Thursday and Friday, thousands of investors in one of the latest initial public offerings — Pipavav IPO Top banking stocks Volatility in the stock markets Measuring market volatility Ten hot money-spinners in India Long term plan for better re…

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Thinksoft Global Services, a small information technology (IT) company, today extended the closing date of its initial public offer (IPO) and revised the price band after a lukewarm response to the issue. While the subscription period has been extended by four working days till October 1,…

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Suzlon, Cipla, JP Associates raise Rs 2,540 cr in block deals. Taking advantage of the rally in the domestic stock market, the promoters of Suzlon Energy, Cipla and Jaiprakash Associates today offloaded parts of their treasury stake in the open market to cumulatively generate Rs 2,540 cro…

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