Hathway cable and datacom said that it has decided to raise money by listing its subsidiary GTPL Hathway Pvt Ltd in India. Hathway said it will sell 9 mln shares of GTPL during the initial public offering (IPO). The cable operator also setup a committee to over see the IPO. It did not reveal the […]
The Catholic Syrian Bank Limited, a private bank based in Kerala readying for its IPO, has appointed Anand Krishnamurthy as the Managing Director and Chief Executive Officer. Krishnamurthy holds a bachelor’s degree in technology (mechanical engineering) from the Indian Institute of Technology, Madras and a post graduate diploma in management from the Indian Institute of […]
Infibeam Incorporation Ltd, which some call the fourth or the fifth biggest online portal in India, has filed for a Rs 450 cr initial public offer with the markets regulator. With this, the company has beaten Flipkart, which was widely expected to be the first online shopping portal to go public, to the bourses. Infibeam.com […]
Syngene International, an India-based Contract Research Organisation and a subsidiary of Biocon Ltd, announced that it has received the Foreign Investment Promotion Board (“FIPB”) approval for raising the foreign investment to 44% from the earlier approved 10% by way of its Initial Public Offering (“IPO”). The IPO is an offer for sale (“OFS”) by Biocon […]
Film and entertainment rights holder Shemaroo Entertainment will kick-off its IPO process on Tuesday, when it will announce the dates on which the IPO will open. The IPO is likely to be conducted within September. There have been only two IPOs this year — those of Wonderla Holidays and Engineers India Ltd. Another one, Loha […]
