Saturday, 6 October 2007

Birlasoft

Birlasoft, the software division of the C K Birla group, is planning to come up with its IPO mid next year.

Birlasoft used to be higly dependent on GE for its business which was about 80% 2 years ago of its total revenue. Currently it is about 48%.

Posted by Harsh at 13:24 0 comments

Oil India IPO in offing

Oil India is planning to come out with an IPO early next year in January-Feburary to raise upto Rs 2000 crore by off-loading 10%

Posted by Harsh at 13:20 0 comments

Sops for Exporters

Government has announced relief measures for exporters who have been hit hard by the appreciating rupee including refund of service tax on three additional services, provision to pay interest on exchange earners foreign currency accounts (EEFC) and an additional Rs 300 crore for Vishesh Krishi and Gram Udyog Yojana.

Posted by Harsh at 13:16 0 comments

Rekindled optimism

A very positive employment report pushes US stocks up. US employers added 110,000 new jobs last month.

Posted by Harsh at 06:36 0 comments

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