DLF is reportedly looking to launch two housing projects in Mumbai at a price range of between Rs 15,000 and Rs 25,000 per square feet, as it expects the residential segment in the region to outpace the retail and commercial markets.
Media baron Kalanithi Maran has reportedly hiked his bid for a 51% stake in budget carrier SpiceJet by 14% to Rs 800 crore from Rs 700 crore. An entity belonging to the Anil Dhirubhai Ambani Group is also reported to be carrying out due diligence at present and Religare Enterprises is also keen on investing.
Cement prices are reportedly likely to increase by up to Rs 7 on Thursday, 1 April 2010, the third successive rise this year by companies looking to undo the rise in input costs.
State-run NMDC reportedly plans an increase in iron ore prices for both domestic and export markets by 70%.
Omaxe reportedly plans to raise Rs 800 crore through qualified institutional placement in 2010-11 to part-pay debt and infuse funds into ongoing projects.
3i Infotech has opened a share sale to institutional investors on Tuesday, 30 March 2010, to raise up to Rs 182 crore, it said in a BSE filing. The firm has set a floor price for the share sale at Rs 78.60 per share as per the rules, it said.
Max India's board has approved allotting about 4% stake of Max New York Life Insurance Co to Axis Bank. Max New York Life Insurance Co is a joint venture between Max India and New York Life International LLC. The tie-up, which will last for 10 years, will allow Axis Bank to distribute Max India Life's insurance products across the country from 1 May 2010, the firm said in a statement to the exchange.
Walchandnagar Industries proposes to form a joint venture with DCNS of France for manufacturing mechanical components for submarine and other naval applications. A Memorandum of Understanding to this effect has been signed and the details of the intended joint venture are being worked out, it said in a statement.
Media baron Kalanithi Maran has reportedly hiked his bid for a 51% stake in budget carrier SpiceJet by 14% to Rs 800 crore from Rs 700 crore. An entity belonging to the Anil Dhirubhai Ambani Group is also reported to be carrying out due diligence at present and Religare Enterprises is also keen on investing.
Cement prices are reportedly likely to increase by up to Rs 7 on Thursday, 1 April 2010, the third successive rise this year by companies looking to undo the rise in input costs.
State-run NMDC reportedly plans an increase in iron ore prices for both domestic and export markets by 70%.
Omaxe reportedly plans to raise Rs 800 crore through qualified institutional placement in 2010-11 to part-pay debt and infuse funds into ongoing projects.
3i Infotech has opened a share sale to institutional investors on Tuesday, 30 March 2010, to raise up to Rs 182 crore, it said in a BSE filing. The firm has set a floor price for the share sale at Rs 78.60 per share as per the rules, it said.
Max India's board has approved allotting about 4% stake of Max New York Life Insurance Co to Axis Bank. Max New York Life Insurance Co is a joint venture between Max India and New York Life International LLC. The tie-up, which will last for 10 years, will allow Axis Bank to distribute Max India Life's insurance products across the country from 1 May 2010, the firm said in a statement to the exchange.
Walchandnagar Industries proposes to form a joint venture with DCNS of France for manufacturing mechanical components for submarine and other naval applications. A Memorandum of Understanding to this effect has been signed and the details of the intended joint venture are being worked out, it said in a statement.
