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Popular Articles

Home decor store Rosebys plans 500-700 stores over 5 yrs
In a mega-expansion spree, Dalmia group"s home decor retail chain, Rosebys, plans to rollout 500-700-stores across the country over the next 3-5 years.

ICICI Pru ranked first for managing EPFO funds
ICICI Prudential AMC has emerged as the top earner by providing a return of 8.73 per cent on the EPFO funds, invested by the private fund house during the nine months period ended June 30.

News of the day

Mayawati writes to Sibal over entrance issue
Uttar Pradesh Chief Minister Mayawati has reacted strongly to media reports regarding the central government decision of making 80 per cent marks in intermediate level as cut-off for the IIT entrance test.
Online Business

Bajaj Electricals raises Rs 161 cr via QIP

Bajaj Electricals today said it has raised Rs 160.79 crore by issuing shares to qualified institutional buyers. - Bajaj Electricals up 5.5% - EdServ Softsystems to raise $25 mn to fund expansion - ITNL to raise Rs 700 cr through IPO - Piramal Healthcare okays Rs 1K cr fund raising - GlobalLogic to get listed in 18 months - Citi overtakes Morgan Stanley to top in domestic fund raising The issue committee at its meeting held on December 9 had approved the allotment of 20.48 lakh shares, at Rs 785 a piece to qualified institutional buyers (QIB)s, aggregating to Rs 160.79 crore, Bajaj Electricals said in a filing to the Bombay Stock Exchange. The issue opened on December 7 and closed on December 9, 2009. Shares of Bajaj Electricals were trading at Rs 797 on the BSE, up 0.70 per cent from its previous close.


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