Bulletin India

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Adani Power IPO is a blockbuster

Adani Power, the only power-generation company to raise money through initial public offering (IPOs) since the Reliance Power offering in January 2008.

Now showing

Are movie intermissions at theatres all about trailers, tea and tete-a-tete? Nay! Say the theatre owners, who believe that the medium is a goldmine waiting to be discovered.

Short-term pain for long-term benefits

It introduces transparency and customers can now decide what services to pay for or not. In the short-run, the flow of funds might witness a slowdown.

Now, public sector lenders have changed the rules of the game by launching fixed-cum-floating rate loan schemes.

M&M banks on new products

The company has reported a robust growth in topline as well as profitability in the June quarter but there could be dampeners going forward to snip away at this kind of growth rate.

Mercator eyes vessel buys

As ship prices come down globally, leading shipping firm Mercator Lines is exploring possibilities of acquiring dry bulk and tanker assets in the coming quarters.

Essar seals Kenya Petro deal

Essar Energy Overseas Ltd, a company owned by Ruias-promoted Essar Group, on Friday completed acquiring 50% stake in Kenya’s only oil refinery at Mombasa in the southern coast.

Toyota moves ahead on compact car

It will recruit 2,000 personnel for its Bidadi plant, which is currently in the second round of expansion, to manufacture the compact car codenamed 800 L.

CBI probe behind Panda shooting?

A widening CBI investigation may have triggered the suicide-murder deaths of senior IAS officer Jagadananda Panda and his family in Orissa.

A senior IPS officer in charge of security for next year’s Commonwealth Games is being tried by the enforcement directorate for alleged foreign exchange violations.

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