Corporate

Invest in Mahindra Holidays & Resorts IPO at lower price band

22 jun 2009

With the stock market revival, the primary market is also witness to the boom with the launch of much awaited IPO from a known stable after a long gap. Mahindra Holidays & Resorts have launched their IPO, open between June 23-26 to raise Rs 162-192 crore at a price band of Rs.275-325.

Jet Airways expand low cost service with Jet Konnect

08 may 2009

Airways with a 25.3% market share has made a surprise move of launching an additional low cost carrier brand ‘Jet Airways Konnect’ to augment its existing LCC ‘JetLite’ bought from Sahara Airlines.

Subsidy burden prompts Reliance to sell pumps to Govt oil companies

16 mar 2009

The much hyped rollout of the 1432 fuel pumps opened by Reliance Industries met with a premature ending owing to the rising crude prices and differentiated Government policies. All of the pumps owned by Reliance and established with an investment of over Rs.5000 crore were closed in March, 2008 indefinitely.

Bharti Airtel to shift focus to non-voice services

16 mar 2009

India’s largest and world’s 3rd largest wireless telecom operator, Bharti Airtel is restructuring its telecom business into nine vertical businesses each under a separate head. This is in departure to its existing structure where the businesses are under 3 heads – Wireless Mobile Services, Telemedia Services (DTH, Broadband, IPTV, Fixed Line) and Enterprise services (undersea cable, NLD/ILD).

Who will end up with Satyam in its fold?

14 mar 2009

With the bidding process of Satyam gaining momentum, till now it seems that there are just 3 players vying for the company, that are L&T Infotech, Tech Mahindra and Spice Corp.

Bad time in retail – Kishore Biyani senses opportunity in restructuring

13 mar 2009

Future Group, faced with topline and bottomline pressures is thinking otherwise. The recent easing of FDI norms has prompted the company to undertake a major retructring exrcies to unlock the hidden value in its various formats.

Nationalisation fears make Citigroup less valuable than SBI

23 feb 2009

Over four quarters of continuous losses and erosion in 90% of its market cap, Citigroup shares have touched a new low of $1.95 making it less valuable than even State Bank of India.

End of catalogue shopping in India?

29 jan 2009

India’s first catalogue store, Hypercity Argos, a joint venture between Shoppers’ Stop’s Hypercity Retail and Argos, UK has decided to wind off its 5 store Indian operations within 2 years of opening it.

Airtel IPTV – a value proposition

28 jan 2009

Airtel digital TV interactive, the name for its IPTV services has been launched this month but is available only to residents of Delhi and NCR. The new service would surely gain acceptance especially because its a Triple Play – TV, Phone and Internet, and that the total cost would work out to be lesser than individual cost.

Will ET Now change the business news space?

20 jan 2009

After the unveiling of the logo of ET Now, the new business channel by Bennett, Coleman & Co. to be launched by March 2009, speculations are rife about the impact the new channel would have on existing business news channels.

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