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Apollo Buys Out Cooper Tire for $2.5 Billion

Apollo Tyres will buy out US Listed Cooper Tire and Rubber Company (CTB) for $2.5 billion, the biggest Indian takeover of a US firm. This will make Apollo the ...

Just Dial Lists, Scores Big at 622+, 17% Higher

JustDial, the new IPO in town, has scored a big listing today with the current price at Rs. 622, a 17% increase from the issue price of Rs. 530. The gains are ...

UCO Banks Names and Shames S Kumar’s For Default

In what seems to be yet another mega-default, UCO Bank has put large ads in newspapers calling S Kumar’s Nationwide Limited a defaulter. S Kumar’s makes ...

Infy Shot Up 4%, Was I Wrong!

Since there was a question about Infy’s insider trading on the news that Mr. Narayana Murthy is back as Chairman of the company, the obvious question is: Did ...

Is there an Infy Insider Trading Scandal?

MoneyLife claims that someone knew Narayana Murthy is coming back to Infosys and traded on it. Yesterday, when the Sensex was down 455 points, Infosys an index ...

The Can of Worms at Ranbaxy

Fortune magazine has a long and detailed story about Ranbaxy and the reason for its $500 million settlement with the FDA. But in Gurgaon, as Thakur’s ...

JustDial IPO Fully Subscribed, 12x Bids Are In

The JustDial IPO has been fully subscribed with bids for more than 12 times the amount at hand. While institutions bid for more than 10 times their allocation, ...

JustDial IPO Update: 70% Taken

The JustDial Bids come in on the second day filling in 70% of all shares. Read my analysis of the issue. Institutions take in nearly 0% of what they’re ...

Just Dial IPO Gets 50% Takers on 1st Day

The JustDial IPO has opened and at the end of the first day, has only 50% of the shares bid till now. About 67 lakh shares (6.7 million) of the 1.75 crore ...

JustDial IPO: The Safety Net Clinches It

  Just Dial promoters will sell shares in an Initial Public Offer from 20th to 22nd May. They will sell 1.75 crore (17.5 million) shares at a price band ...