Kolkata | December 11, 2013 22:04 (IST)
Leading Indian bourse Bombay Stock Exchange (BSE) said on Wednesday that its initial public offering (IPO) could range between Rs 400 crore and Rs 1,000 crore.
New Delhi | December 08, 2013 13:21 (IST)
The Empowered Group of Ministers on disinvestment will meet on Tuesday to decide the issue price for allotting a 17 per cent equity of Power Grid Corporation, whose follow-on-public offer (FPO) was subscribed about seven times, according to a source.
Mumbai | December 04, 2013 15:59 (IST)
A $1.1-billion share sale in Power Grid was fully covered on Wednesday, the second day of the offering, provisional data from the stock exchanges showed.
New York | December 01, 2013 17:00 (IST)
After a big-bang listing, Twitter stock seems to be losing its fizz while social media rivals Facebook and LinkedIn are holding the fort amid a portfolio churn by investors. In a dream debut, microblogging site Twitter's stock popped up on NYSE debut on November 7 and closed with a 73 per cent gain for investors who subscribed to its initial public offering price of $26 apiece.
New Delhi | November 29, 2013 14:44 (IST)
Bombay Stock Exchange (BSE) has said it is in the process of completing formalities for its initial public offering (IPO).
New York | November 17, 2013 12:27 (IST)
According to a report by US-based PrivCo, a provider of business and financial research on major privately-held firms, Twitter's fantastic public debut on the New York Stock Exchange (NYSE), last week, added as many as 1,600 employees of the microblogging site to the US millionaire club.
Helsinki | November 13, 2013 21:28 (IST)
Rovio, the Finnish company behind the game and toy phenomenon Angry Birds, is not planning an initial public offering any time soon as it concentrates on managing its fast growth, a senior executive said.
San Francisco | November 09, 2013 17:40 (IST)
About a dozen private companies are valued at more than $1 billion, and many of them have already been holding informal talks with bankers. Now, many - including Box, Square and Airbnb - are likely to accelerate their IPO plans, according to venture capitalists.
San Francisco | November 08, 2013 07:46 (IST)
As Twitter Inc had its coming-out party on the New York Stock Exchange on Thursday, the micro-blogging service exploded with a flurry of enthusiastic, lyrical and snarky tweets during the stock's frenzied rally.
November 08, 2013 07:41 (IST)
On its inaugural day of trading, Twitter managed to avoid the missteps that marred Facebook's initial public offering last year, even as Twitter's lofty stock market valuation added pressure on the company to turn a profit soon.
New York/San Francisco | November 08, 2013 07:24 (IST)
The strong performance on Thursday is encouraging for the venture capitalists who have backed other consumer Web startups, such as Square or Pinterest, though it sounded alarm bells for some investors who cautioned that the froth was unwarranted.
November 07, 2013 19:19 (IST)
The microblogging network priced 70 million shares at $26 on Wednesday evening, above the targeted range of $23 to $25, which had been raised once before. The IPO values Twitter at $14.1 billion, with the potential to reach $14.4 billion if underwriters exercise an over-allotment option.
November 07, 2013 08:17 (IST)
Twitter's shares were priced at $26, giving the company an overall value of $18.1 billion, including stock that the company is likely to issue to employees. That makes Twitter worth more than many storied American corporations, like Alcoa and Harley-Davidson.
November 07, 2013 07:24 (IST)
The IPO values Twitter at $14.1 billion, with the potential to reach $14.4 billion if underwriters exercise an over-allotment option, as they are widely expected to.
November 04, 2013 20:23 (IST)
Twitter Inc on Monday boosted the price range for its initial public offering (IPO) to $23 to $25 per share, as the micro-blogging network now seeks to raise up to $1.75 billion.
October 31, 2013 10:20 (IST)
In a lawsuit filed in U.S. District Court in Manhattan, Precedo Capital Group Inc and Continental Advisors SA accused Twitter of using the aborted sale as a way to give the money-losing company a $10 billion market valuation and higher IPO price.
New York | October 31, 2013 10:10 (IST)
By those standards, Silicon Valley put forward a much more low-key contender on Wednesday, when Twitter Inc hosted a luncheon for about 600 prospective investors at the Mandarin Oriental Hotel in New York City.
October 31, 2013 08:00 (IST)
The IPO suggests a market value for the social network of between $9.3 billion and $11.1 billion -- a conservative amount compared to estimates by some analysts.
October 30, 2013 11:23 (IST)
On Monday and Tuesday, Twitter chief executive Dick Costolo and chief financial officer Mike Gupta met with large fund managers and analysts in New York and on the East Coast to sell them on an IPO that seeks to raise up to $1.6 billion for the loss-making social media company.
New York | October 27, 2013 12:55 (IST)
The Big Board, run by NYSE Euronext, regularly does systems testing on the weekends, but this was the first time it had run a simulated IPO, and it did so at the request of its member firms - many of whom took part in Facebook's 2012 IPO on Nasdaq OMX Group's main exchange.