V-Mart, the multi-brand Indian retail chain, intends to float an initial public offer (IPO) to raise Rs. 1.2 billion to be utilized for opening more outlets. The company, which presently operates 62 outlets at 52 locations, intends to ...
Tags: V-Mart, retail chain, initial public offer, IPO
Reportedly, Egyptian Steel, a joint venture between Egypt and Qatar has made it public of its plans to gain the market share of 20% to 25% of Egypt's steel market after commencing production in full of its production facilities. It's ...
Tags: Egypt's steel market, production facilities, growing plans, IPO
WhiteWave Foods has booked a drop in third-quarter earnings as an increase in expenses hit earnings. In the three months to the end of September, WhiteWave, which was spun off from Dean Foods last year, posted a profit of US$26.3m, down ...
Tags: plant-based foods, beverages, coffee creamers, Silk Soymilk
ING has appointment Delfin Rueda and Dorothee van Vredenburch as members of the Management Board Insurance EurAsia (MBE), effective from 1 November 2012. As a chief financial officer (CFO) within the MBE, Rueda will be responsible for all ...
Tags: Ing, Vredenburch, management board, ING Insurance
TORONTO — Hudson's Bay Company is once again a public company with the closing of its initial public offering of some 21.8 million shares at a price of C$17 each, which generated proceeds of C$365.1 million. The company's proceeds ...
Tags: public company, company's proceeds, IPO
Business Line reported that the Union Government has accorded approval for extending navaratna status to Rashtriya Ispat Nigam Ltd for a year that is till November 2013. The company's performance, investment of huge amounts in expansion ...
Tags: Rinl Navratna, approval, steel market, iron
Two internet privacy groups have responded to Facebook's published intentions to share its data with recently-acquired Instagram,as well as eliminate a user voting system and loosen restrictions on who can email users with unsolicited ...
Tags: internet privacy groups, Facebook, Mark Zuckerberg, data sharing
New Zealand-based Moa Brewing Company is planning to raise $15m to expand its Jacksons Road brewery. The IPO is expected in late October and the potential shareholders can pre-register interest at ownabrewery.co.nz from 1-9 October 2012, ...
Tags: Moa Brewing, Jacksons Road brewery
IDG News Service-The initial public offering of Ruckus Wireless on Friday highlighted the growing importance of Wi-Fi in mobile networks as service providers try to meet the demands of smartphone and tablet users. Ruckus,a maker of Wi-Fi ...
Tags: Wi-Fi, smartphone, tablet users, carrier-owned networks
US retailer Roundy's Inc said a "more challenging economic and competitive environment" affected results in the third quarter as profits fell. Earnings in the three months ended 1 October amounted to US$8.8m compared to $12.4m a year ...
Tags: retailer, competitive environment, profits fell, grocer
The cloud played a pivotal role in separating insurance group Direct Line from parent company the Royal Bank of Scotland(RBS)to launch on the stock market. Direct Line had less than 6 months to re-engineer its HR process to prepare for an ...
Tags: Cloud HR, share offering, RBS, Peoplesoft system
CORTE MADERA, Calif. -- Restoration Hardware says it expects its planned initial public offering of stock will be priced at $22 to $24 per share, raising about $114 million to $124 million for the home furnishings retailer. Restoration ...
Tags: Hardware
The newest of Saudi Arabia s Cement Companies to be quoted on Saudi Arabias stock exchange, City Cement, announced a 31% increase in net profits for the nine months to September 30 to $53.2m (SR: 199.45m). The Riyadh-based company floated ...
Tags: market view, cement
TORONTO -- Canadian retailer The Hudson's Bay Co. will return to the stock market with an initial public offering of shares planned in the next few months, according to documents filed with securities regulators. HBC was last traded on ...
Tags: furniture
“We should avail of the opportunity and switch to solar energy to overcome the energy crisis, ” he stressed while speaking at the International Exhibition and Conference on Alternative Energy and Energy Efficiency, organised by ...
Tags: market view, Solar panel, price