Monthly Archives: March 2006

Emkay Shares and Stock Brokers entered the capital market today for subscription, with an initial public offer, IPO, of 62,50,000 equity shares of Rs 10 each through a 100% book building route. The issue will close on April 7, 2006. … Continue reading →

M&A activity is on the rise in the Indian IT industry with the last couple of years having seen a few large mergers and acquisitions. Whether it was the merger of Polaris with OrbiTech or Wipro’s acquisition of Spectramind and … Continue reading →

DUBAI— Declaring that there is a clear convergence of interests between India and the Gulf countries in the present global economic environment, Indian Minister for Commerce and Industry Kamal Nath yesterday said a GCC-India partnership would be capable of redefining … Continue reading →

In a move having far reaching implications, the Securities and Exchange Board of India (Sebi) has, for the first time, decided to entrust the stock exchanges (SEs) with the responsibility of registration of sub-brokers. The decision to this effect was … Continue reading →

BANGALORE:  Finance Minister P Chidambaram today said the Government is at a "striking distance" of implementing the Tarapore Committee Report on capital account convertibility and criticised "some employees" of RBI for opposing the full float of the rupee. "Today, we … Continue reading →

New Delhi: Convergence India 2006, touted to be South Asia’s largest communications and IT event, has claimed to have generated Rs 100 crore business during the three days of exhibition. Exhibitions India group, one of co-organisers’ Managing Director Prem Behl … Continue reading →