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Banking Newsletter - October 27 to 31, 2014

India Infoline News Service / 13:55, Oct 31, 2014

ICICI Bank Ltd has posted a net profit of Rs. 30646.20 mn for the quarter ended September 30, 2014 as compared to Rs. 26974.20 million for the quarter ended September 30, 2013.

Economy News

Government committed to increase savings rate in the Country

India Infoline News Service / 11:18, Oct 31, 2014

The Union Finance Minister Shri Arun Jaitley in his message stated that " It should be the endeavour of all the agencies engaged in mobilization of savings to ensure that the savings movement is taken to the farthest corners of our country".

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

Merger and Acquisition Round Up - October 27 to 31, 2014

India Infoline News Service / 10:40, Oct 31, 2014

With an aim to enhance focus on core business, L&T Infotech, a global provider of information technology services and solutions, and a wholly-owned subsidiary of the USD 14.3 billion Larsen & Toubro (L&T), has completed the acquisition of Information Systems Resource Centre Pvt. Ltd. (ISRC).

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