Categories

Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business

Popular Articles

Cadbury accepts $19.7bn Kraft offer
The board of UK’s leading confectioner Cadbury Plc today accepted the final takeover offer of US-based Kraft Foods Inc at £11.9 billion ($19.7 billion), ending a six-month resistance and putting on course the creation of the world’s largest confectioner. According to the final offer, Cadbury shareholders will get 840 pence a share, including 500 pence in cash and rest in stock.

Sensex swings zones; DLF slips 4%
The Sensex is swinging between zones owing to alternate bouts of buying and selling. The index is now at 16,878, down 34 points.

News of the day

Industry vertical market IT-spend dips 6.8% in 2009 : Gartner
Worldwide industry vertical market IT spending is projected to total $2.28 trillion in 2009, a 6.8 percent decline from 2008, according to Gartner, an information technology research and advisory company . Analysts predict the market will return to growth in 2010, when it will grow at 2.3 percent to reach $2.34 trillion.
International Business

Allied Digital plans to raise $50 mn, stock-split

IT infrastructure services provider Allied Digital Services today said it is planning to raise $50 million (about Rs 244 crore) through issue of securities on a preferential basis. - IBM, India Glycols team up for IT infrastructure services - Gulf countries to spend $4.5 bn on IT infrastructure - Bilcare plans raising $35 mn - Ban on entry load may impact AMCs: McKinsey - KSK Energy to raise Rs 2,000 cr via sale of securities - Don"t count ADR, GDR to decide bank"s nationality: ICICI The board has given its approval for issue of securities to qualified institutional buyers on a preferential basis for a value equivalent up to $50 million, Allied Digital said in a statement to the Bombay Stock Exchange (BSE). Further, the board also approved issue of one lakh equity share warrants to the Bennett, Colemen & Company (BCCL) on a preferential basis, it said. Besides, the company"s board also approved sub-division of its share in ratio of 1:2 that is each share of Rs 10 would be divided into two shares of Rs 5 a piece. Shares of Allied Digital Services were trading at Rs 505, up 0.85 per cent in the afternoon trade on the BSE.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

© Copyright 2009