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Facebook halts secondary market trading, plans for May IPO

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Social-networking site Facebook is halting the sale of its shares on secondary markets effective next week as the company prepares to hold its initial public offering in May, according to a person fam

MCX prices $135 million IPO at top end of range

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Multi Commodity Exchange (MCX) has priced its initial public offering at the top of an indicative range, after investors bid for more than 54 times the shares on offer in a sign of revival of the coun

Merchant bankers start disclosing IPO track-record

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In a move aimed at helping investors take an informed decision on Initial Public Offers, the merchant bankers have begun disclosing the performance record of the IPOs managed by them in the past.

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Reliance Comms adds Stanchart, DBS for $1 bln S'pore IPO: Sources

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Reliance Communications has appointed another two banks for the upcoming $1 billion IPO of its undersea cable unit in what may be the biggest stock listing in Singapore this year, two sources said.

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Facebook and Zuckerberg embark on mega-IPO

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Facebook unveiled what is expected to be Silicon Valley's largest ever initial public offering, but made it clear to outside investors that they will have little voice in its running, as founder and C

Facebook to file $5 billion IPO on Wednesday morning: IFR

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Facebook is expected to submit paperwork to regulators on Wednesday morning for a $5 billion initial public offering and has selected Morgan Stanley and four other book runners to handle the mega-IPO,

In Facebook IPO, bankers seek prestige over fees

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Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business.

The world's largest online social network is ex

HAL awaits gov nod for divestment

Bengaluru: India's defence behemoth Hindustan Aeronautics (HAL) is awaiting the government's green signal to go public soon to raise funds and improve its corporate governance, an official said on Thu

Jindal Steel IPO likely in 6 months

Jindal Steel and Power on Monday said its subsidiary, Jindal Power, is likely to launch a `7,000 crore IPO in the next six months. “We will come up with our IPO within next six months,” Jindal Steel a

'Consumer trust key for Coal India IPO success'

Coal Minister Shriprakash Jaiswal has said that the success of the Coal India Initial Public Offering (IPO) is due to the increasing trust of investors in the Company.

Shriprakash Jaiswal said that t

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.