Anil Ambani-promoted Reliance Life Insurance Company is expecting to post profit in the current fiscal.
"We are expecting profit in the current year
Piramal Healthcare Chairman Ajay Piramal who picked up an additional 5. 5 per cent stake in the country's second largest mobile operator Vodafone on Saturday described the move
Fortis Healthcare (India) plans to raise $300 million ( Rs 1,472 crore) by spinning off its non-core business into a separate company, which will then be listed on the Singapore
Seeking to raise $5 billion giant social networking site Facebook has filed for its long awaited initial public offering.
The IPO of the social network site having over
As it prepares for one of the biggest IPOs ever, Facebook is coming under the same fierce attacks being waged against other big technology companies: patent lawsuits.
Last year, Facebook
Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other bookrunners to handle the
Despite bullish stock markets so far this year, four companies have refrained from coming out with initial public offers worth over Rs 700 crore, letting their regulatory approvals lapse.
The
Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business.
The world's largest
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