State-run Indian Oil Corp's share sale will be delayed to the next financial year beginning on April 1, Oil Secretary S. Sundareshan said on Monday.
Tata Steel, the world's seventh largest steel maker, could raise as much as 34.77 billion rupees ($769.5 million) in its follow-on public share sale.
The recapitalization of bailed-out insurer American International Group Inc closed on Friday, leaving the government with a 92 percent stake that it plans to sell quickly.
The recapitalization of bailed-out insurer American International Group Inc
closed on Friday, leaving the government with a 92 percent stake and plans to sell its shares quickly.
Some of the top bankers in the United States flocked to a midtown Manhattan law firm on Thursday to make a pitch for managing what could be one of the largest share sales in history -- a secondary offering of potentially $20 billion for bailed-out insurer AIG.
Ultimate Software Group Inc said it has no current plans to sell itself, following a Reuters report that the cloud-computing company had hired an investment bank to consider a sale.
Some of the United States' top bankers descended on a law firm in midtown Manhattan on Thursday to pitch for what could be one of the largest share sales in history -- a secondary offering for bailed-out insurer American International Group Inc.
Some of the United States' top bankers descended on a law firm in midtown Manhattan on Thursday to pitch for what could be one of the largest share sales in history -- a secondary offering for bailed out insurer American International Group Inc.
Spain and Italy staged successful bond sales on Thursday, buying European leaders a little time to come up with a new package of measures to stem the debt crisis rocking their 12-year old single currency bloc.
News Corp is exploring strategic options for its MySpace Web site including a sale or a spinout, the company said on Wednesday, a day after the former social networking high-flyer slashed nearly half of its staff.
Banks will meet in New York City on Thursday to make their case for the right to sell the U.S. Treasury's stake in American International Group, three people familiar with the matter said on Wednesday.
U.S. bank stocks rose as a broker upgrade and a successful bond sale by debt-ridden Portugal added to a mood of optimism.
U.S. bank stocks rose as a broker upgrade and a successful bond sale by debt-ridden Portugal added to a mood of optimism.
U.S. stock index futures rose sharply on Wednesday, tracking global stocks, after a healthy bond sale in Portugal eased worries about Lisbon's ability to finance itself.
American International Group Inc accepted a $2.16 billion cash offer for its Taiwan Nan Shan Life unit from a group led by local conglomerate Ruentex, marking the beginning of the end of a drawn-out process fraught with political wrangling.
American International Group Inc
accepted a $2.16 billion offer for its Taiwan Nan Shan Life unit from a group led by local conglomerate Ruentex Group, marking the beginning of the end of a over year-long process fraught with delays and political wrangling.
The euro rose weakly against the dollar on Wednesday while Asian stocks edged higher, but investors were increasingly nervous ahead of a key bond sale by ailing euro zone member Portugal later in the day.
American International Group Inc
could announce as early as Wednesday the sale of its Taiwan Nan Shan Life unit to conglomerate Ruentex Group for up to $2.5 billion, according to Taiwan newspapers.
BAE Systems has canceled plans to sell part of its U.S. commercial aerospace unit, deciding instead to keep the unit after reviewing the business' performance.
The recapitalization of bailed-out insurer AIG is likely to close next week, a person familiar with the matter said on Friday, as the company's shares touched fresh highs on news the deal was getting closer.
The recapitalization of bailed-out insurer American International Group Inc is likely to close next week, a person familiar with the matter said on Friday, as AIG shares touched fresh highs on news it was getting closer to the deal.
The recapitalization of bailed-out insurer American International Group Inc is likely to close next week, a personal familiar with the matter said on Friday, as AIG shares touched fresh highs on news it was getting closer to the deal.