Market Bureau

Harvard opens amphitheatre-style classroom in Mumbai

Mumbai, March 02, 2012 : Its good news for management students that they can have a true Harvard Business School case-method learning experience here at Mumbai itself. Harvard has announced the launch of the state...

Carnation Auto Closes Second Round of Funding

Carnation Auto, today announced the close of their 2nd round of funding totalling Rs. 85 Crore from Gaja Capital Partners, a Mumbai-based private equity fund. This new round of funding will enable the company to...

MCX revives dull IPO market, subscribed 54x

MCX Ltd, mumbai based commodity exchange which has pan india presence and country’s 1st exchange to go public has been a blockbuster success story. It has revived the depressed sentiments among enthusiastic primary market investor...

Oriyanna Partners with MyNutraMart.com for Online Retailing

Chennai based Haircare & Skincare supplement company Oriyanna, has tied up with leading online retailer MyNutraMart.com. The products which will be sold on MyNutraMart.com are Oriyanna HairPro, Oriyanna HairVita, Oriyanna HairEssentials, Oriyanna SkinSoft and Oriyanna...

Lead Managers start disclosing IPO track record

In a welcome move that could help potential investors take an informed decision on Initial Public Offers (IPO), the lead merchant bankers have begun disclosing the track record of IPOs managed by them earlier. This...

IITL NIMBUS Upcoming Project at Yamuna (TAJ) Expressway

IITL Nimbus group’s new upcoming project ‘The Palm Village’ located opposite to Jaypee Sports City. The Palm Village in Yamuna (TAJ) Expressway offers multiple options of 2.5BHK, 2BHK, 3.5BHK, 3BHK, 4BHK, Studio apartments. The apartments...

MahSatyam to Acquire a Strategic Stake in Dion Global

Mahindra Satyam, a leading global consulting and IT services provider, and Dion Global Solutions Limited, a specialist provider of software products and solutions for capital markets globally, today announced that they have signed a Memorandum...

Govt. Public debt increased by 3.2 per cent to Rs 33,82,645 cr in Q3

New Delhi, February 9, 2012 : The Government of India’s public debt in the September-December quarter increased by 3.2 per cent to Rs 33,82,645 crore over the previous quarter. The outstanding internal debt of the...

Bangalore based Myntra.com raises $20 m in funding

Bangalore, February 09, 2012 : In its 3rd round of funding bangalore based online fashion and lifestyle retailer Myntra.com has raised $20 million. Funds raised during this round will be primarily used for tech platform,...

Wind Turbine maker ReGen Powertech raises Rs 100 cr from IDFC, MCap

Chennai, February 07, 2012 : South based (Chennai) wind turbine manufacturer ReGen Powertech has raised Rs 100 crore of private equity funding from IDFC PE and MCap Fund Advisors. ReGen sells its wind turbines under...

Budget Session from March 12, Union Budget on Mar 16

New Delhi, February 07, 2012 : The Cabinet Committee on Parliamentary Affairs (CCPA) has decided to convene the Budget session from March 12. The Union Budget will be presented on March 16. Before union Budget...

ArcelorMittal reports $1 bn loss in Q4

Luxembourg, February 7, 2012 : Largest steel maker in the world, ArcelorMittal reported loss of $1 billion in October-December 2011 quarter due to European situation. Net sales of the company were up at $22.4 billion...