Canara Bank to raise Rs. 85 cr via share sale
MUMBAI, OCT 18: Canara Bank said on Saturday that it will raise up to Rs. 85 crore ($13.85 million) through selling shares to institutional investors or a preferential issue. The bank has got approval from the Government to raise up to Rs. 80 crore with an option to raise an additional Rs. 5... read more »
Zee Entertainment Enterprises Ltd appoints MD & CEO
The Board of Directors of Zee Entertainment Enterprises Ltd at its meeting held on October 17, 2014, has approved re-appointment of Mr. Punit Goenka as Managing Director & CEO of the Company for a period of 5 years with effect from January 01, 2015, upon expiry of his current term of... read more »
Kushal Pal Singh: The man who built India’s first smart city
It was, by his own account, a chance encounter with a scion of the Gandhi political dynasty that turned former soldier Kushal Pal Singh into the man who built a city from nothing and made billions in the process. Singh was toppled from his spot as the country’s richest property developer this... read more »
Disappointing TCS, HCL Tech numbers leave IT defenceless
Tata Consultancy Services and HCL Technologies each declined about 9% on Friday, the worst daily fall in at least five years and HCL Technologies each declined about 9% on Friday, the worst daily fall in at least five years, amid investor concern over growth prospects after the financial... read more »
