| Denmark’s ISS buys majority stake in SDB Cisco for Rs 150cr Denmark-based over $12-billion facility management company ISS is acquiring a majority stake in security services firm SDB Cisco for close to Rs 150 crore, said a person with direct knowledge of the development. |
| SK Birla Group acquires 3.6% more in Digjam The SK Birla Group has acquired a 3.6% additional stake in Digjam from Asset Reconstruction Co (Arcil) taking its holding to 30.4%. |
| IPO-bound cos may get relief on float cap The government may provide a temporary breather for companies that have already filed their draft prospectus with the capital market regulator from meeting the norm of a minimum public holding of 25% in their companies. |
| Race to the bottom with G4 currency rhetoric Major exchange rates, those between US, euro zone, Japan and Britain, are largely market determined and difficult to control. Top gainers, losers & recommendations |
| Post price peak, industry lobbies for white sugar import duty |
| Big majority in US wants Wall Street regulation An overwhelming majority of Americans wants Wall Street subjected to tougher regulation in the aftermath of the bank bailout and the bonus scandals that have rocked the US financial sector. |
| NMDC offer gets lift from state investors: Sources State iron ore miner NMDC saw the institutional order book fully covered on the second day of its share offering worth up to $2.6 billion, thanks to big orders from two state-run financial groups, sources said. |