OpenTable Files For IPO, And Reveals Its Finances
OpenTable, the online restaurant reservation site that was founded in 1998, is hoping to raise as much as $40 million in an IPO, according to a filing with the SEC (embedded below). The prospectus offers a detailed look at the company’s finances and operations.
Revenues through the nine months [...]
Piramal Healtcare- Q3 FY09.pdf
Videocon Industries Q1 net down 76 pc at Rs 60 cr
Network18 group company Web18 has made its initial steps for an IPO in Nasdaq. Web18 is the internet arm of the Network18 Group. The group owns CNBC TV18, and CNBC Aawaz through Television Eighteen Ltd and CNN IBN, and Hindi channel IBN through another group entity Global Broadcast Network or GBN.Network18 Media and Investments Ltd [...]
PNB Q3 net up 86%
Corus set to sell stakes in steel plant to raise $450 mn
Six-seven companies have shown interest in a complete takeover of Satyam Computer Services, a board member of the IT services firm said. Suitors
Satyam’s government-appointed board had appointed Goldman Sachs and Avendus Capital as investment bankers earlier this week. “The in-vestment bankers will start the process, look at the seriousness of the suitors and their proposals. [...]
Chennai metro rail seems to be a harbinger of hope to the city’s transportation as well as recession problems. At a time when there’s
a crunch for liquidity to fund infrastructure projects, it received clearance from the cabinet committee for economic affairs on Wednesday thereby unleashing the funds it has secured through grants and agreements, for [...]
Chennai metro rail seems to be a harbinger of hope to the city’s transportation as well as recession problems. At a time when there’s
a crunch for liquidity to fund infrastructure projects, it received clearance from the cabinet committee for economic affairs on Wednesday thereby unleashing the funds it has secured through grants and agreements, for [...]
mjunction shelves IPO plan
India-focused mining group Vedanta Resources posted a 98.5 percent fall in third quarter core profit on Wednesday due to low metals prices,
inventory writedowns and currency losses.
Vedanta said earnings before interest, tax, depreciation and amortisation (EBITDA) for the three months to end December was $10.1 million, down from $671.5 million in the same period last year.
Earnings [...]
Handset maker Nokia and IT hardware firm HCL Infosystems plan to set a joint venture (JV) to sell value added services (VAS) and
entertainment content for mobile devices directly to consumers. The JV is subject to regulatory approvals and is expected to take off later this year.
“An important part of our future distribution strategies in India [...]
Shares of Larsen & Toubro were weak in a strong market after the company indicated it would hike its stake in Satyam Computer beyond
15%, a move that will trigger an open offer.
L&T investors are concerned that, in case of an open offer, the engineering and construction major would have to offer Satyam shareholders almost six [...]
Sun TV net up 9.72% in Dec`08 qtr
Britain’s business secretary Peter Mandelson will meet representatives of the UK auto industry on Wednesday to discuss a Hybrid carsbailout package, raising hopes that the Tata group-owned Jaguar-Land Rover (JLR) may finally get some financial relief. A spokeswoman for the Society of Motor Manufacturers and Traders (SMMT), the UK auto industry’s apex body, said despite media speculation [...]