» Lehman, Spinnaker pick up stake in Spice Jobs : Career, Employment, Hiring, Classified, Opportunities, Listings, Interview
Lehman, Spinnaker pick up stake in Spice
Deal Part of Spice’s Pre-IPO Placement
A CLUTCH of investors led by Lehman Brothers and Spinnaker Investments are learnt to have picked up a small stake in Spice Telecom for about $30 million, as part of the pre-IPO placements by the cellular service provider. It is estimated that these investors will pick up a fifth of the nearly 138 million shares that will issued in the IPO at about Rs 45 per share. However, the exact figure will be known only after Spice Telecom sets its price band during its broad meeting, which is slated to be held early this week. Importantly, this also implies that any talks of merger or acquisition with Idea Cellular will continue only after Spice’s IPO as reported by ET earlier. A possible reason for this is that the listing will ensure a robust price discovery process for the company, which is currently believed to be valued at about $ 1 billion. Besides, any merger post-IPO will also ensure a cashless swap of equity.
According to sources close to the development, this will be the only pre-IPO placement that will be made by Spice Telecom. Sources also added that the company was targeting an issue date of June 18. Investment banker Lazard is one of the advisors to Spice Telecom for its upcoming IPO.
Last month. Spice Telecom had got the stock market regulator Securities and Exchange Board of India’s {Sebi) nod for its Rs 600 crore IPO. However, last week Sebi had raised some observations on the Spice’s draft prospectus, which in turn led to the company to withdraw its offer document. Spice sources told ET that these “were just formal observations, while adding the company would file a revised prospect us by Wednesday (June 6), and was targeting the third week of June for the float of its shares".
Spice will be offloading nearly 138 million shares, equivalent to 20% of its enlarged capital base. Following the IPO, the stakes of the Modis and Telekom Malaysia, which is currently at 51 % and 49%, will fall by 10% each. This implies, post-IPO, the Modis will have about 41 % while Telekom Malaysia 39%. Spice currently has 2.8 million subscribers and has operations in two telecom circles—Karnataka and Punjab.
While the company is yet to finalize the pricing details of its shares, it will have to sell them at Rs 45.80 each to meet its target of raising Rs 600 crore
Your Privacy is important for us : Your Name Email address, Phone Numbers will not be disclosed to the employers until and unless approved by you, so provide your correct email address for futher correspondance
Please note that we have direct contact in most of the companies listed here,
we will forward your resume to the HR department of the company. In case we
are not in direct touch with the company, then your resumes will be forwarded
to the authorized Placement Consultants of the respective company. We do not
take the guarantee that your resume will be selected or not by the company.
Note : DO NOT submit your Resume / CV more than one time, otherwise it will be permanently
deleted from our database.
Note : If you want to forward your CV / Resume to the Related Companies mentioned below, please mention the company names on the top of the Biodata.
Related Companies
Jobs at Lehman Brothers (LEH)
Find jobs at Indian Lehman Brothers (LEH). Hot Jobs is a premium portal for jobs in India. You are current at the page of Lehman Brothers (LEH) on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Lehman Brothers (LEH)
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Lehman Brothers (LEH)
(3) Management and Company information, Job Turnover stats, Senior Managements of Lehman Brothers (LEH)
So in case you are a fresher, a profession, a graduate or a
Jobs at Lehman Brothers Inc
Find jobs at Indian Lehman Brothers Inc Hot Jobs is a premium portal for jobs in India. You are current at the page of Lehman Brothers Inc on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Lehman Brothers Inc
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Lehman Brothers Inc
(3) Management and Company information, Job Turnover stats, Senior Managements of Lehman Brothers Inc
So in case you are a fresher, a
Spice Net Jobs
Industry : IT- Hardware
Find jobs at Indian Spice Net Hot Jobs is a premium portal for jobs in India. You are current at the page of Spice Net on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Spice Net
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Spice Net
(3) Management and Company information, Job Turnover stats, Senior Managements of Spice Net
So in case you
Takeover or A Marriage: Idea & Spice yet to decide
Birlas Want To Acquire Spice, Modis Think Merger Is A Better Idea
MERGER or acquisition? This is the billion-dollar question around which hinges the deal between Idea Cellular and Spice Telecom. The two companies, along with Telekom Malaysia (TM) that holds 49% stake in Spice, are yet to work out an amicable arrangement. While Idea, in which the Birlas own 57% stake, wants to fully acquire Spice, the Modis-promoted company is keen for a merger, sources told ET.
"From a market perspective, a marriage of the two is a perfect fit. But who's
Lehman Brothers Services India Pvt Ltd Jobs
Industry : IT-Software Services
Find jobs at Indian Lehman Brothers Services India Pvt Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of Lehman Brothers Services India Pvt Ltd on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Lehman Brothers Services India Pvt Ltd
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Lehman Brothers Services India Pvt Ltd
(3) Management and Company information, Job Turnover stats, Senior Managements of Lehman Brothers Services India Pvt Ltd
So in case you are a
Spice Telecom
Industry: Telecom
Indian Hot Jobs is a premium portal for jobs in India. You are current at the page of Spice Telecom on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Spice Telecom
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Spice Telecom
(3) Management and Company information, Job Turnover stats, Senior Managements of Spice Telecom
So in case you are a fresher, a profession, a gradate or a post graduate, you can apply for jobs as per the availability of jobs in Spice Telecom.
Easy Pick Consultants Jobs
Industry : Placement HR Consultants
Find jobs at Indian Easy Pick Consultants Hot Jobs is a premium portal for jobs in India. You are current at the page of Easy Pick Consultants on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Easy Pick Consultants
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Easy Pick Consultants
(3) Management and Company information, Job Turnover stats, Senior Managements of Easy Pick Consultants
J S Pick & Move Transport Pvt Ltd Jobs
Industry : Courier Logistics Packaging Transportation
Find jobs at Indian J S Pick & Move Transport Pvt Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of J S Pick & Move Transport Pvt Ltd on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at J S Pick & Move Transport Pvt Ltd
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of J S Pick & Move Transport Pvt Ltd
Spice Communications Limited Jobs
Industry : Telecommunication Mobile
Find jobs at Indian Spice Communications Limited Hot Jobs is a premium portal for jobs in India. You are current at the page of Spice Communications Limited on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Spice Communications Limited
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Spice Communications Limited
(3) Management and Company information, Job Turnover stats, Senior Managements of Spice Communications Limited
So in case you are a fresher, a profession, a graduate or a post graduate, you can apply for jobs as per the availability
Sugar And Spice India Pvt Ltd Jobs
Industry : Sugar
Find jobs at Indian Sugar And Spice India Pvt Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of Sugar And Spice India Pvt Ltd on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Sugar And Spice India Pvt Ltd
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Sugar And Spice India Pvt Ltd
(3) Management and Company information, Job
ONGC not to get stake in Tidewater
KOLKATA: The government will not sell Andrew Yule's 28% stake in Tide Water Oil to ONGC and will instead go ahead with a fresh due diligence of the lube manufacturing company. Sources in the heavy industries ministry said that the government was of the view that the valuation of Tide Water Oil's stake as done by ONGC was too low for which it preferred not to sell it to major.
Mallya Books 26% in Air Oeccan for 550 cr
THE king of good times, Vijay Mallya, appears to be interested in low-brow stuff as long as it makes business sense. He has struck a deal to pick up 26% in a preferential allotment by Air Deccan, which clearly gives him an opportunity to gain management control over the company that pioneered low-cost flying in the country.
The deal comes at a cost of Rs 550 crore (Rs 155 per share in the company) and will require him to make an open offer to pick up another20% stake.
Mr. Mallya's UB Holdings, which made
Tata Tea can buy remaining & promoter stake in Mount Everest
MUMBAI: Tata Tea, which is in the process of acquiring 46% in Mount Everest Mineral Water, can buy the remaining stake of existing promoters after six years if the company's net sales are less than Rs 200 crore. According to an agreement signed between the company and the promoters of Mount Everest, Tata Tea has the option to purchase 31.10 lakh shares of the mineral water company, representing 9.14% stake in the enhanced equity, after six years for a maximum of Rs 250 per share.
Kingfisher Radio to make open offer for Deccan Aviation
KINGFISHER Radio, a wholly-owned subsidiary of United Breweries Holding, will make an open offer to shareholders of Deccan Aviation, the Bangalore-based low-cost carrier to pick up 27 million shares at a price of Rs 15 5 per share.
The offer, being managed by Edelweiss Capital, is slated to commence on July 25 and will end on August 13. The offer is a consequence of a 26% preferential issue being made by Deccan Aviation to Kingfisher Holdings.
UB Holdings had on May 31 announced acquisition of 26% stake in Deccan Aviation for Rs 546 crore.
Apax looks to take control of Patni for $800 million
UK Investor in Fray with Other PEs, IT Firms
UK-BASED private equity major Apax Partners is learnt to be interested in picking a controlling stake in Patni Computers Systems for over $800 million. Sources dose to the development said two mid-tier Indian IT companies and some private equity (PE) funds are also in the fray.
These moves come as Gajendra and Ashok Patni, who are co-founders and together own 28% stake in the Mumbai-based company, are looking to exit. PE firm General Atlantic too is looking to sell 16%.
When contacted by ET, Apax
Some Random Job Vacancies and Resumes
Karnataka Soaps & Detergents Ltd Jobs
Industry : FMCG
Find jobs at Indian Karnataka Soaps & Detergents Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of Karnataka Soaps & Detergents Ltd on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Karnataka Soaps & Detergents Ltd
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Karnataka Soaps & Detergents Ltd
(3) Management and Company information, Job Turnover stats, Senior Managements of
Jobs at Niteo Technologies (P) Ltd
Find jobs at Indian Niteo Technologies (P) Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of Niteo Technologies (P) Ltd on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Niteo Technologies (P) Ltd
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Niteo Technologies (P) Ltd
(3) Management and Company information, Job Turnover stats, Senior Managements of Niteo Technologies (P) Ltd
Deccan Gold Mines Ltd Jobs
Industry : Metals Mining
Find jobs at Indian Deccan Gold Mines Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of Deccan Gold Mines Ltd on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Deccan Gold Mines Ltd
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Deccan Gold Mines Ltd
(3) Management and Company information, Job Turnover stats, Senior Managements of Deccan Gold Mines Ltd
Om Air Freight Ltd Jobs
Industry : Airlines & Aviation
Find jobs at Indian Om Air Freight Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of Om Air Freight Ltd on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Om Air Freight Ltd
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Om Air Freight Ltd
(3) Management and Company information, Job Turnover stats, Senior Managements of Om Air
Jobs at Wm. Wrigley Jr. (WWY)
Find jobs at Indian Wm. Wrigley Jr. (WWY). Hot Jobs is a premium portal for jobs in India. You are current at the page of Wm. Wrigley Jr. (WWY) on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Wm. Wrigley Jr. (WWY)
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Wm. Wrigley Jr. (WWY)
(3) Management and Company information, Job Turnover stats, Senior Managements of Wm. Wrigley Jr. (WWY)
So in case you are a fresher,
Compro Technologies Jobs
Industry : IT-Software Services
Find jobs at Indian Compro Technologies Hot Jobs is a premium portal for jobs in India. You are current at the page of Compro Technologies on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Compro Technologies
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Compro Technologies
(3) Management and Company information, Job Turnover stats, Senior Managements of Compro Technologies
So in case you
Jobs at Manpower (MAN)
Find jobs at Indian Manpower (MAN). Hot Jobs is a premium portal for jobs in India. You are current at the page of Manpower (MAN) on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Manpower (MAN)
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Manpower (MAN)
(3) Management and Company information, Job Turnover stats, Senior Managements of Manpower (MAN)
So in case you are a fresher, a profession, a graduate or a post graduate, you can apply for
Anand Health Care Pvt Ltd Jobs
Industry : Hospitals Healthcare
Find jobs at Indian Anand Health Care Pvt Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of Anand Health Care Pvt Ltd on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Anand Health Care Pvt Ltd
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Anand Health Care Pvt Ltd
(3) Management and Company information, Job Turnover stats, Senior Managements of Anand Health Care Pvt Ltd
So in case you are a fresher, a profession, a graduate or
Jobs at RCS Technologies
Find jobs at Indian RCS Technologies Hot Jobs is a premium portal for jobs in India. You are current at the page of RCS Technologies on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at RCS Technologies
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of RCS Technologies
(3) Management and Company information, Job Turnover stats, Senior Managements of RCS Technologies
So in case you are a fresher, a profession, a
Jobs at Stratify India Pvt Ltd
Find jobs at Indian Stratify India Pvt Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of Stratify India Pvt Ltd on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Stratify India Pvt Ltd
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Stratify India Pvt Ltd
(3) Management and Company information, Job Turnover stats, Senior Managements of Stratify India Pvt Ltd
Nortech Infonet Pvt Ltd Jobs
Industry : IT-Software Services
Find jobs at Indian Nortech Infonet Pvt Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of Nortech Infonet Pvt Ltd on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Nortech Infonet Pvt Ltd
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Nortech Infonet Pvt Ltd
(3) Management and Company information, Job Turnover stats, Senior Managements of Nortech Infonet Pvt Ltd
Usaka Hi-Tech Components Pte Ltd Jobs
Industry : Electrical & Electronics
Find jobs at Indian Usaka Hi-Tech Components Pte Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of Usaka Hi-Tech Components Pte Ltd on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Usaka Hi-Tech Components Pte Ltd
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Usaka Hi-Tech Components Pte Ltd
(3) Management and Company information, Job Turnover stats, Senior
Maliakkal Industrial Enterprise Jobs
Industry : Chemical
Find jobs at Indian Maliakkal Industrial Enterprise Hot Jobs is a premium portal for jobs in India. You are current at the page of Maliakkal Industrial Enterprise on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Maliakkal Industrial Enterprise
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Maliakkal Industrial Enterprise
(3) Management and Company information, Job Turnover stats, Senior Managements of Maliakkal Industrial Enterprise
MMM Incorporated Jobs
Industry : Placement HR Consultants
Find jobs at Indian MMM Incorporated Hot Jobs is a premium portal for jobs in India. You are current at the page of MMM Incorporated on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at MMM Incorporated
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of MMM Incorporated
(3) Management and Company information, Job Turnover stats, Senior Managements of MMM Incorporated
So in case
Industrial Investment Trust Ltd Jobs
Industry : Financial Services
Find jobs at Indian Industrial Investment Trust Ltd Hot Jobs is a premium portal for jobs in India. You are current at the page of Industrial Investment Trust Ltd on our Job Site. Here you will find:
(1) Job vacancies, available, openings, positions and listings at Industrial Investment Trust Ltd
(2) Salary Structure, Job Placements, Interview Tips, Placements Papers of Industrial Investment Trust Ltd
(3) Management and Company information, Job Turnover stats, Senior Managements of Industrial Investment Trust Ltd