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Sensex, Nifty strong; oil & gas up

India Infoline News Service / 12:46, Oct 20, 2014

Some buying activity is seen in oil & gas, auto, capital goods and banking sectors, while teck, IT and FMCG sectors are showing weakness

Corporate News

Top corporate news of the day - October 20, 2014

India Infoline News Service / 08:55, Oct 20, 2014

Drug firm Cadila Healthcare is voluntarily recalling 5,400 bottles of anti-hypertension drug Atenolol tablets, in the U.S. for failing to meet specifications.

IPO News

SEBI seeks clarifications on proposed Lavasa IPO

India Infoline News Service / 10:22, Aug 13, 2014

Lavasa, which is developing a large township near Pune, is making a second attempt to raise money though an IPO.

Lifestyle News

Beam Suntory eyeing a larger pie of the Indian Whiskey market

India Infoline News Service / 12:37, Aug 20, 2014

The groups flagship brand globally, Jim Beam White, will now be available at a price tag of Rs 1250 (in Gurgaon) and Rs. 1555 (in Kolkata), priced similar to the standard scotch and premium vodka category

Global News

European Hedge Funds: Time to step up to the plate

India Infoline News Service / 08:59, Aug 22, 2014

More than 80% of global private equity firms intend to raise capital in the next three years and expect their next fund to be equal to or larger than their last.

M & A News

Weir's acquisition of Trio is credit positive: Moody's

India Infoline News Service / 10:24, Oct 20, 2014

The acquisition is credit positive for Weir because it will broaden Weir's portfolio in adjacent market segments without diluting its very high profitability and with only a limited and temporary increase in leverage. Additionally, Weir expects Trio, which projects around $120 million revenues this year, to be immediately accretive to earnings.

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