Archive for the ‘EdServ SoftSystems’ Category

Equity News Round Up 30th August – 3rd September

DOMESTIC NEWS Economy . •The food price index rose to an annual 10.05% in the week ended August 14 as against 10.35% in the previous week. . Oil & Gas . •ONGC is set to get permission from the Centre to pay only a third of its total royalty obligation to the Rajasthan government on the revenues [...]

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EdServ SoftSystems (EdServ) to raise $25million through GDR/FCCB issue

Chennai based Education and Placement Company EdServ SoftSystems (EdServ) has announced that it plans to raise $25miUion through a GDR/FCCB issue. This fund raising process is subject to the shareholder approval at the EGM (Extra-Ordinary General meeting) which will be held in Chennai on 11* January 2010. The GDR/FCCB issue is expected to be completed [...]

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