The Hindu Business Line : Sunday, January 25, 2004

BUYBACK
Share buyback: Tender offers fare better
TUBE Investments offered to buy shares 61.5 lakh shares directly from the investors at Rs 100 per share. It managed to mop up all that it set out to do. In contrast, Deepak Fertilizers, which resolved that it would buy 1.83 crore shares from the ... More

STOCK MARKETS
Balmer Lawrie, holding co stock on the uptrend
THE stock of Balmer Lawrie Investments (BLI), the listed special purpose vehicle floated for holding 61.8 per cent stake in Balmer Lawrie, has begun to move up with a substantial increase in trading volume. On Friday, the stock closed at Rs ... More

REGULATORY BODIES & RULINGS
SEBI says corporate governance rating is not mandatory
THE Securities and Exchange Board of India does not intend to compel companies to get their corporate governance practices rated by credit rating agencies, said Mr T.M. Nagarajan, its Whole-Time Director, on Saturday at a workshop on corporate ... More

RIGHTS ISSUE
Shiva Cement plans rights issue
MUMBAI: Shiva Cement Ltd has informed the BSE that the meeting of the board of directors will be held on January 27, to consider the right issue of equity shares by the ... More

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Looking back
Jan. 18-Jan. 24
Banking stocks tumble on expectation of weak results