India Business

Reliance Retail Launches ‘Reliance Footprint’ In Hyderabad

Reliance Retail has unveiled their latest brand of retail stores, which has been named as ‘Reliance Footprint’.

Xenitis Rolls Out Its ‘Rock100’ @ Rs 19,990

The Xenitis group, Xenitis' Rock100 bikeon Wednesday, has launched its 100cc moto

Glenmark To Reorganize Biz In Two Separate Entities

Glenmark Pharmaceuticals Ltd.Mumbai: Glenmark Pharmaceuticals is all set to reor

L&T Fixes $ 100 Per Share For Its $ 400 Million GDS Issue

Larsen & Toubro Ltd (L&T) announced on Wednesday that it had priced its USD 400 million Global Depositary Shares (GDS) issue at USD 100 per share.

The shares are proposed to be listed on the Luxembourg stock exchange. The Lehman Brothers International (Europe) and UBS were the joint book-runners to the offering, L&T said in a statement

Each GDS represents one equity share of the company and is priced at a 5 % premium to L&T's closing price of USD 105 (Rs. 4,125.7) on Tuesday on the Mumbai Exchange, The Company stated.

The company stock was closed today, at Rs. 4111.95 on NSE, down by 0.27 % from the previous close of Rs. 4123.10. It touched an intraday high of Rs. 4298.65 and an intraday low of Rs 4061.00 during the day

Mundra IPO Subscribed 115 Times, DP-World Will Invest $ 500 M

The Initial Public Offering (IPO) of the part of Adani Group, Mundra Port & Special Economic Zone Ltd. received 115 times subscription on closing day till 5:00 pm.

Decision Over Fuel Prices By Next Week

Indian_Oil_Minister_Murli_DeoraIndian Oil Minister Murl

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