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List of articles referred from business-standard.com


ICICI Bank: FPO priced at Rs 940 a share
Monday, June 25, 2007
business-standard.com ( Stock market  )
ICICI Bank today priced its follow-on equity offer at Rs 940 a share. It priced its American depositary share (ADS) offering of $2.14 billion at $49.25 per ADS, translating into a price of about Rs 1,002.5 per equity share and representing a premium of about 6.6 per cent over the domestic issue price.Each ADS represents two equity shares of the bank.

Tags : ICICI-Bank  FPO  American-Depositary  -Share 
Read More | View Comments | Submitted by : mumbaifirst


HLL no more, it is now Hindustan Unilever
Monday, June 25, 2007
business-standard.com ( Business  )
Hindustan Lever announced that it has obtained approval from the government for the change of the company name to "Hindustan Unilever Ltd".The company's new corporate identity represented by a new logo and the new name Hindustan Unilever takes effect from today.

Tags : Hindustan-Unilever-Limited 
Read More | View Comments | Submitted by : ash


Govt to study mass savings pattern
Friday, June 22, 2007
business-standard.com ( BusinessDevelopment  )
A pilot project is soon to be kicked off by the government, which involves collecting data on behaviour pattern of people's savings and investments in the country. This data will be helpful to the corporate sector as well as planners in designing products for the masses, keeping their consumption pattern in mind.The Central Statistical Organisation (CSO) will assist the government in this projec

Tags : Data-Mining  Data-Collection 
Read More | View Comments | Submitted by : reporter



Warburg alone bids for half of ICICI shares on offer
Friday, June 22, 2007
business-standard.com ( FinanceStock market  )
A US-based private equity firm, Warburg Pincus, has put in the highest bid worth Rs 5,000 crore for ICICI Bank shares, which is half the size of the follow-on equity offer from the country’s largest bank, including the greenshoe option. ICICI Bank received bids for 31.18 crore shares at the end of the second day, which is 3.15 times the shares on offer, according to figures available at 5 pm wi

Tags : Warburg-Pincus  ICICI-Bank-IPO 
Read More | View Comments | Submitted by : popeye


GTL enters BPO leasing deal with ICICI, Spanco
Thursday, June 21, 2007
business-standard.com ( BusinessM & A  )
GTL, a network services provider, has entered into a Rs 250-275 crore infrastructure leasing agreement with private banking major ICICI Bank and IT company Spanco TeleSystems. As per the deal, ICICI Bank can use GTL’s business process outsourcing (BPO) and call centre facilities at Mhape in Navi Mumbai for 25 years.

Tags : ICICI-Bank  GTL  BPO 
Read More | View Comments | Submitted by : ash


ICICI Bank issue off to a blazing start
Thursday, June 21, 2007
business-standard.com ( FinanceStock market  )
ICICI Bank’s follow-on public offer (FPO) was fully subscribed within 10 minutes on the back of large bids by institutional investors. At the end of the day, the Rs 8,750 crore issue, which closes on June 22, was subscribed 2.74 times. with the Qualified Institutional Buyers’ portion subscribed 5.47 times, sources said.

Tags : ICICI-Bank-IPO 
Read More | View Comments | Submitted by : ash



ICICI Bank's follow-on issue fully subscribed
Tuesday, June 19, 2007
business-standard.com ( FinanceStock market  )
The biggest ever follow-on issue by ICICI Bank for Rs 8,750 crore was subscribed within minutes after the issue open today, indicating strong demand by institutions for the issue.The Mumbai-headquartered bank is issuing 98,870,056 shares through the FPO. As per the information available from NSE, the issue received bids for 10,04,99,862 shares.

Tags : ICICI-Bank-IPO  Fully-Subscribed 
Read More | View Comments | Submitted by : beetle


Jet eyes stake in SpiceJet
Saturday, June 16, 2007
business-standard.com ( Business  )
Barely two months after the Air Sahara acquisition, Jet Airways, the country’s largest private airline, is interested in SpiceJet, the Delhi-based budget carrier. Investment bankers of both the companies are expected to meet next week to discuss the issue.

Tags : SpiceJet  Air  -Sahara  Jet-Airways  Aviation-Sector 
Read More | View Comments | Submitted by : cool_blue


Vodafone-Essar looks at mass market
Saturday, June 16, 2007
business-standard.com ( Business  )
Vodafone-Essar, India’s fourth largest mobile service provider, is looking to add over 1.5 million subscribers a month in this financial year or 18 million new customers in a year, Vodafone CEO Arun Sarin told reporters today. Simultaneously, the company announced a 50 per cent reduction in the minimum monthly recharge required for a prepaid customer to Rs 99 from the earlier Rs 199 effective Jun

Tags : Vodafone-Essar  Mobile-Service-Provider 
Read More | View Comments | Submitted by : cricket_fan



ICICI Bank extends goodies for retail investors
Saturday, June 16, 2007
business-standard.com ( FinanceStock market  )
ICICI Bank is offering baits to entice retail investors to invest in its equity share issue aimed at mobilising Rs 10,062.5 crore from the domestic market, including a greenshoe option (or, the option to retain a part of the oversubscription) of Rs 1,312.5 crore. Apart from a discount of up to 5 per cent, the bank is providing small investors an easy option to pay for the shares on offer through t

Tags : ICICI-Bank  Book-Building-Process 
Read More | View Comments | Submitted by : cool_blue



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