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Initial public offering

Emami Q4 net profit up 38.4 percent

Kolkata-based FMCG Emami had posted a 38.4 percent increase in its consolidated net profit of Rs 54.56 crore for the quarter ended March 31, 2011 as against the same period in the previous fiscal. The company attributed the strong...

Joyalukkas to raise Rs.650 crore

Leading South Indian retail jewellery chain Joyalukkas said it was seeking to raise Rs.650 crore through its initial public offer (IPO) expected to hit the capital markets around June-end.The company has already received final observation from capital market regulator...

Coty Inc. gearing towards initial public offering

Coty Inc. seems to be heading towards an initial public offering, as industry watchers speculate. Two private equity firms, Berkshire Partners and Rhône, made a cash infusion into the beauty firm, making minority equity investments in the $3.6 billion...

Reid & Taylor files draft Red Herring prospectus with SEBI

Textile and apparel manufacturing company S Kumars Nationwide Ltd (SKNL), said its menswear subsidiary Reid & Taylor (India) Ltd, had filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India (SEBI) in relation to its...

ABRL denies IPO rumours

A number of media reports are abuzz with talks of Aditya Birla Retail Limited (ABRL) planning an IPO by 2012. But in an exclusive interview with IndiaRetailing, Thomas Varghese, CEO of ABRL, denies any such development.Varghese says, “We have...

Future Group to grow 2.5 times to Rs 25,000 cr in 4 yrs: Biyani

He says that his plans have been delayed by up to 24 months due to slowdown, yet Future Group Chief Kishore Biyani today said that his retail chain would grow two and half times to Rs 25,000 crore within...

Future Venture to re-file for IPO soon

Kishore Biyani-promoted venture capital arm Future Venture is likely to approach Securities and Exchanges Board of India (SEBI) again for an initial public offering soon, as the validity of the earlier approval by the market watchdog lapsed this month....

Cavin Kare to invest Rs 500 crore, mulls IPO

Chennai-based consumer goods firm Cavin Kare is planning to invest around Rs 500 crore over the next three years. The company also said it would go in for an IPO to support some of its “big” acquisition plans.Cavin Kare...

VISHAL MEANS ‘BIG’, LITERALLY

Timely decisions, defined strategy, and a futuristic approach, clubbed with an understanding of consumers' needs as also the ability to create one, are the qualities that mark out the best retail companies.From a nondescript 50 square feet shop to...

Current global economy scenario – similar to market crash of 1929

The main cause of the 1929 Great Depression was the expansion of liquidity in the 1920s that led to a credit-driven boom which was not sustainable. The American government's efforts to prop up the economy after the crash of...
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RBI permits UPI transactions via prepaid payment instruments using third-party apps

A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any...
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