Moscow Exchange IPO Yields $500Bln

Moscow Exchange IPO Yields $500Bln

The Moscow Exchange began trading of its own shares Friday in a successful conclusion to the largest initial public offering carried out solely in Russia. The bourse sold 15 billion rubles ($500 million) worth of shares for 55 rubles each, the lower end of the...
Chinese Firm Buys U.S. Solar Start-Up

Chinese Firm Buys U.S. Solar Start-Up

New York Times 9 January 2013 Just a few years ago, Silicon Valley investors were pouring money into solar technologies and talking about how they would bring the same kind of innovation to green energy that they had to the computer chip. But few anticipated that...
Visa Steel sells stake for Rs 368 cr

Visa Steel sells stake for Rs 368 cr

Business Standard 21 November 2012 As part of its corporate debt restructuring (CDR) programme, Kolkata-based steel maker Visa Steel has decided to sell 49 per cent of its stake in its subsidiary Visa Coke (its 400,000-tonne capacity coke oven battery) to New...