Dhaval Mehta, the brain behind the IPO scam in companies like Suzlon Energy and IDFC, today agreed in the Supreme Court to deposit Rs 1 crore penalty imposed on him by market regulator the Securities and Exchange Board of India (Sebi).
The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
(Telecompaper) Telstra has filed with the US Securities and Exchange Commission for the planned IPO of its SouFun stake. The company expects the initial public offering of American Depositary Shares to be completed on 30 September. Telstra will sell the ADS at USD 40.50 to 42.50 which values the entire company at around USD 810 to 850 million. Telstra intends to sell down its entire 50.5 percent ...
Rating agency, Crisil, today said that it has assigned a Crisil IPO Grade 5/5 (five-on-five) to the proposed initial public offer (IPO) of state-run Coal India (CIL).
