The share dilution is expecting to garner anything between Rs 1800 crore to Rs 2200 crore, depending upon the valuation. Mumbai: Srei Equipment Finance, the Kolkata based financier of infrastructure equipment will sell equity shares as it seeks to raise money to fund its fledging growth prospects, the company said. The company which is a wholly-owned subsidiary of the listed Srei Infrastructure FinanceBSE ... Read More »
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Amazon has begun selling ready-to-cook meal packages for busy households in a bid to expand its groceries business. Amazon-branded meal kits come with raw ingredients needed to prepare such meals as chicken tikka masala and falafel patties. They can help households save time; a kit for salmon with soba noodles can be prepared in just a half-hour, for instance. But at ... Read More »
The Microsoft Lumia 850 starred in a few 3D renders late last year, but now there are photos of the actual device. There was a lot of uncertainty about the screen size, but the latest info points to 5.4″ in size. Above it is a front-facing flash and what is probably an iris scanner for Windows Hello. Microsoft Lumia 850 ... Read More »
“Apple is cheap” has long been a Wall Street cliché. It’s now become an increasingly desperate plea of shareholders unable to understand why the most profitable company in history seems valued by the stock market as if it’s a mediocre business. With a decline of nearly 5 percent, to just above $95 Wednesday following a mixed earnings report and sober ... Read More »