Facebook boosts number of IPO shares by 25%
Facebook on Wednesday boosted by 25 per cent the number of shares for sale at its stock market debut, amid signs of strong investor demand for its initial public offering this week.
The move by the I
Google, Apple shares better long-term vs Facebook - Barron's
Shares of Google and Apple are probably better long-term bets than Facebook, and investors would do well to skip its highly touted IPO, Barron's wrote in its May 14 edition.
Facebook shares, if price
Azim Premji selling Wipro shares worth Rs1,530cr to fund education
The Azim Premji Trust of Wipro founder chairman Azim Premji will sell 35 million shares valued at Rs.1,530 crore ($300 million) to fund educational activities of Azim Premji Foundation, which also run
Auctioned ONGC scrips averaged Rs303 a share
The government on Friday said it received an average price of Rs303.67 for a share of ONGC, 4.71 per cent higher than the reserve price in yesterday's auction, thus garnering a total of Rs12,766.75 cr
Government manages to succeed with ONGC share sale
After some hiccups and a late government intervention, the sale of government's 5 per cent stake in ONGC through an auction finally managed to sail through with an estimated proceeds of about Rs12,000
India approves $2.5 billion ONGC share auction
A panel of ministers has approved selling 5 per cent equity in state-run Oil and Natural Gas Corp (ONGC) through a share auction, Oil Minister S. Jaipal Reddy said, in a deal that could raise as much
Sebi suspects price-rigging in stocks linked to IPOs, FCCBs
Suspecting price manipulation in shares of some newly-listed firms and of those having raised overseas loans, market watchdog SEBI is probing the role of at least 25 entities, which includes the compa
Sensex down 0.7pc in early trade
The BSE Sensex was trading 0.7 per cent lower in early trade on Friday as concerns about the euro zone debt crisis added to lingering worries about slowing domestic growth and impact of high interest
Warren Buffett builds $10.7bn stake in IBM
Warren Buffett said his Berkshire Hathaway has accumulated a 5.5 per cent stake in IBM, the billionaire investor's biggest bet in the technology field he has historically shunned.
Buffett, in a CNBC
Investors lose Rs2.15 lakh cr in market meltdown
Investors suffered a loss of over Rs 2 lakh crore in the stock market on Thursday, with those invested in top blue-chip companies being hit harder than shareholders of smaller companies.
The total in