Sobha Developers, a Banaglore-based real estate company’s IPO has been over subscribed. There appear to be different numbers about the over subscription rate depending on which newspaper you read.
According to Moneycontrol:
The issue has been oversubscribed 114.31 times, as per NSE website.
“Qualified institutional investors (wherein foreign institutional investors rock the subscription) and non institutional investors […]

Rakyesh Omprakash Mehra  is the Producer, Director and Writer of Rang De Basanti. He  is currently visiting the USA to promote the film before the  Oscars. Rang De Basanti is India’s official nomination for the foreign film category for Oscar 2007. We caught up with him in the US and spoke about Oscars, Rang De Basanti, […]

Mauj recently launched a music.  Arun Gupta, CEO, Mauj is very excited with this interesting new development in his company. Last week Mauj launched its first album called “Asha and Friends” from its newly created music division. The album features Asha Bhonsle with Sanjay Dutt, Urmila Matondkar, Aussie cricket player Brett Lee and others.

You can listen to a podcast interview with Aloka Naskar on Podtech. Aloka is a  managing partner of Brown Venture Associates, a boutique search company based in Menlo Park, California. The company focuses on placing C-level executives in IT and clean tech companies. BVA’s clients include companies in the U.S., India and the Asia Pacific region.
Aloka has […]

Sunil Mittal’s Bharti Enterprise has signed a deal with Wal-Mart to do business in India. The suspense is finally over about how and with whom Wal-Mart is partnering to do business in India.
Sunil Mittal’s Bharti Enterprise includes Airtel, India’s largest mobile operator as well as a string of other businesses including retail and food.
According […]

Rajesh Rao’s Dhurva Interactive of Bangalore is reportedly looking to raise money from VCs in India. According to The Economic Times:
“[Dhurva]…is in talks with venture capital funds like Clearstone Venture Partners to raise about $5 million to step up the release of India-centric games.”

I was wondering about Dhruva since we have not heard much about […]