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Raigad police quiz Edelweiss MD, officials for 8 hours

 ECL Finance Company MD and three officials were on Tuesday quizzed for nearly eight hours by the Raigad police in Maharashtra probing the alleged suicide of film art director Nitin Desai, an......

A small newspaper's amazing turnaround

Its editor used a novel strategy to completely reinvent it, but what's ironic is that what began as a search for funds to expand may now result in a change in ownership. Two months ago, the editor......

Tata AIG, ICICI Lombard join race for RCap's assets

 Tata AIG, ICICI Lombard and Nippon Life have evinced interest for the profit-making insurance arm of Reliance Capital (RCap), joining several prominent financial companies from India and abroad in......

PSU stocks set to yield more amid divestment

 With the new financial year kicking in and the equity markets showing signs of stability, the government is expected to soon initiate its divestment programme with renewed vigour.Finance Minister......

Air India stake sale: 14 firms in race to advise govt

 Apart from the main company, five of Air India’s subsidiaries and a joint venture firm have been included in the strategic sale plan. As many as 14 companies have expressed an interest to......

Blockbuster! BSE's IPO over-subscribed 12 times

 The initial public offer of Bombay Stock Exchange -- the first by a domestic stock exchange in India -- to raise up to Rs 1,243 crore was oversubscribed 11.85 times till afternoon trade on the......

BSE fixes IPO price band at Rs 805-806, to raise Rs 1,243 crore

 Bids for the issue, which opens on January 23 and closes on January 25, can be made for a minimum of 18 shares and in multiples of 18 thereafter. Leading bourse BSE has fixed the price band......

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