Archive for April, 2008

Insure Unborn Babies

Pregnant women will be able to insure their unborn babies against birth defects and death under a new policy, a report said today.
The insurance company ING has devised a baby policy for women aged 16 to 40 which will deliver payouts of up to $50,000 for babies born with down’s syndrome, spina bifida or a […]

Reliance Industries

Reliance Industries

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Reliance Power Bonus Issue Date

Reliance Power Ltd, on April 25, 2008 annouced date of closure of its Register of Members from June 03, 2008 to June 05, 2008 for the purpose of determining the entitlement of shareholders to the Bonus shares to be issued by the Company.
As approved by the shareholders of the Company, the Company will issue Bonus […]

Pyramid Saimira Productions IPO

Media and entertainment house Pyramid Saimira today said it will list its film production unit, Pyramid Saimira Production International Ltd, on the bourses to raise up to Rs 1,800 crore, for which the prospectus will be filed in the next 3-4 months.
“The prospectus is ready and we will file it with the SEBI in the […]

Buy Bharti Airtel - Back in action

Bharti Airtel announced its results yesterday. Its Profit surged 40% to 1800Crs compared to 1300Crs in corresponding quarter. Margin remained high this Q too
Bharti Airtel is currently priced low compared to other peers and considering the leadership position it enjoys Buying can be considered.

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RCom buys UK-based WiMax operator

The Anil Ambani-controlled Reliance Communications has acquired 90 per cent stake in a UK-based WiMax operator, ‘eWave World’.
RCom intends to invest $500 million in eWave to build and acquire WiMax networks in the emerging markets of Asia, Europe, Latin America and Africa, Mr Punit Garg, CEO of Reliance Globalcom, the global arm of RCom, said […]

DT Cinemas DLF’s multiplex business

DLF, one of the leading real estate players in India, is investing Rs 1,250 crore in expanding its multiplex business by adding around 500 screens in the next four to five years.
Also, the firm plans to set up its megaplex in the upcoming “Mall of India” in Gurgaon. One of the country’s largest malls, the […]

Bharti may bid for South Africa’s MTN

Bharti Airtel , India’s top mobile phone firm, may bid for South African telecommunications group MTN in what would be its biggest foreign acquisition, it was reported on Friday. The newspaper quoted an unidentified person familiar with the deliberations as saying that Bharti’s board members were in advanced discussions about its growth strategy, which had […]

SpiceJet, IndiGo merger ?

SpiceJet, IndiGo in merger talks ?
Low-cost carrier SpiceJet’s share price went up 9.5 per cent at the Bombay Stock Exchange today in an otherwise flat market fuelled by speculation that the airline was in merger talks with another Delhi-based low-cost carrier, IndiGo.
There was also high activity at the counter as the volumes traded went up […]

M&A guidelines

India note.pdf  Telecom Services: M&A guidelines

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