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Silver hits all-time high of Rs 12,270
SILVER prices soared at the local bullion market on Friday to touch an all-time high of Rs 12,270 per kg, gaining Rs 430 per kg in a single day. The local market tracked the steep rise in silver prices at the overseas market. The metal touched ...
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RBI must exit all corporate shareholding, says Jaswant
THE Reserve Bank of India (RBI) should exit as shareholder from all corporate bodies, according to the Finance Minister, Mr Jaswant Singh. He also stands by the Disinvestment Minister, Mr Arun Shourie's assessment that the Government has the ...
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MCS withdraws from ICICI Bank, Datamatics
AFTER the allotment fiasco in the recently concluded ONGC issue, MCS, the registrar to ONGC issue, has withdrawn from ICICI Bank's issue, which opened today, and the upcoming IPO of Datamatics Technologies Ltd. While ICICI Bank has appointed ...
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ICICI Bank issue oversubscribed 109 pc
THE public offer from the private sector ICICI Bank has had good response in tune with market expectations. On the very first day, ICICI Bank's Rs 3,050-crore public issue with a greenshoe option of Rs 450 crore has been oversubscribed 109 per ...
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MphasiS BFL to acquire Kshema Tech for $21 m
THE MphasiS BFL group said on Friday that it was acquiring Kshema Technologies, a Bangalore-based software services firm, for $21 million in a stock-and-cash deal. The cash component of the deal is around $6.8 million. The transaction is ...
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Retail investors get fewer ONGC shares
AS the ONGC allotment muddle continues, it is now the turn of the retail investor to bear the brunt. After over-allotment of ONGC shares to select high net-worth investors by MCS, several retail investors have received fewer shares than they had ...
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`Indica successor in final stages of design'
TATA Motors is working on the Indica's successor that is planned for launch in 2007. The car is in the final stages of design now and will take approximately three more years to be productionised. The Chairman of Tata Motors, Mr Ratan Tata, ...
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Factors that are worrisome for BPO sector
EVEN as the domestic business process outsourcing (BPO) industry is trying to deal with American poll-year political rhetoric against the export of jobs, a March 29 report carried by CNET News.com about offshoring has caused a degree of ...
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