Mumbai: Oil India’s 2.6 crore shares’ initial public offering was subscribed 30.82 times on the last day on Thursday. The issue received bids for 81.5 crore shares, according to data with the National Stock Exchange. The price band for the issue was fixed at Rs 950-1,050. Th…

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Real estate firm Oberoi Constructions plans to launch its initial public offering early next year, chairman Vikas Oberoi said on Friday. “We will tap the market early next year,” Oberoi told reporters, adding the IPO may happen in the first quarter of next financial year. He…

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NEW YORK: Twenty Indian companies have made the cut to enter the list of 200 best companies having sales less than $1 billion in the Asian India Inc 10 most admired cos Business honchos who live a simple life Savvy girls in their 20s India Inc’s new scions Pacific region, compi…

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Biotechnology company Avesthagen Ltd plans to raise Rs 850-950 crore next year, and this includes a revived public issue plan and overseas funds. Of this, the company would raise Rs 600-700 crore from an initial offer in the first half of 2010. “[Funding] is going to be on two cha…

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Hyderabad: OIL India Ltd, whose Rs 2,772-crore IPO is set to open on September 7, is not jittery about the lukewarm response NHPC’s issue got from the bourses on Tuesday. NHPC’s shares closed marginally above the issue price on Tuesday. Talking to press persons as part of the…

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Reliance Capital, which is seeking a government waiver to allow its life insurance venture’s IPO, expects a decision later this month, its chief executive said on Tuesday. Sam Ghosh said the unit would be considering roping in a strategic investor if the IPO fails to materialise. …

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State explorer Oil India’s $570 million IPO was subscribed nearly 1.3 times on Monday, signalling investor appetite had not waned in the wake of a muted stock market debut for two recent big Indian listings. ‘Oil India IPO subscribed in 30 minutes’ Solid demand for Oi…

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Pipavav (Gujarat): Set to debut in the capital market with an IPO, Pipavav Shipyard today said that it aims to generate around 60 per cent of its revenue from the defence sector going forward, though it does not have a single order from the sector, as of now. “We see high growth po…

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Cadbury has rejected the bid but Kraft said it was committed to working toward a recommended transaction and to maintaining a constructive dialogue Stocks in Europe rose with food companies among the top performers after Cadbury received and rejected a takeover offer from Kraft Foods. Ca…

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NEW YORK: Gold prices surged to near 1,000 dollar level in global markets on Friday on investment buying while touching an all-time high in India on festive demand. Gold in the US futures market reached 999.50 dollar last night, the highest price since Feb 23 helped by lower equities as …

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