Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

Firms put plans on hold in AP
The Telangana agitation has forced several companies including Bharat Forge, Lakshmi Mittal Group and NTPC-BHEL join venture to either put their expansion plans on hold or explore other states.Addressing the media here on Tuesday after a meeting with industry representatives, chief minister K Rosaiah said Bharat Forge, which planned to set up a nuclear power plant equipment unit at Nellore at an estimated cost of Rs 2,500 crore, was considering Gujarat.

Starbucks's Schultz pushes instant coffee
Starbucks Corp Chief Executive Officer Howard Schultz is shifting the coffee seller’s focus from cost cutting to growth by promoting new products, including Via instant coffee and its Seattle’s Best Coffee brand.

News of the day

Hyundai Motor December sales up 22%
Hyundai Motor India Ltd, the country’s second largest car manufacturer and the largest passenger car exporter ended the year on a high note with domestic sales growing by 42.6 per cent while exports grew by 9 per cent, said a company press release. Cumulative growth stood at 22.6 per cent for the month ending December, 2009.
Business Opportunities

IOL Netcom gets board nod to raise Rs 1,250 cr

Internet services provider IOL Netcom today said its board has approved to raise Rs 1,250 crore by various funds raising options. - Fiat may manufacture LCVs in India - Aditi Phadnis: Cash and carry CM">Aditi Phadnis: Cash and carry CM - India-born scientist gets Nobel - IOL Chem gets nod to export painkiller to Canada - Cadila-Novavax JV can produce 250 mn doses of H1N1 vaccine - Belarus capital mulling to install Gandhi"s statue The board of directors at its meeting held on October 31, has approved to raise an amount totalling to Rs 1,250 crore by different fund raising routes including issuing foreign currency convertible bonds, private placement of shares, IOL Netcom said in a filing to the Bombay Stock Exchange. The company would raise Rs 450 crore by issuing foreign currency convertible bonds, Rs 200 crore by private placement of shares with qualified institutional buyers, Rs 300 crore by way of American depository receipts and Global depository receipts and Rs 300 crore by way of allotting non-convertible debentures, the filing added. Shares of IOL Netcom closed at Rs 28.40 on the BSE, up 2.16 per cent from its previous close.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009