The Hindu Business Line : Sunday, August 08, 2004

OPEN OFFERS
A litmus test on delisting front
CITIGROUP'S offer to buy out all the outstanding shares in e-Serve International and voluntarily delist the stock is set to open on August 13. Investment bankers say that the offer is likely to be priced at a modest premium to the current ... More

IPOS
TCS issue price fixed at Rs 850
TATA Consultancy Services (TCS) announced today that the cut off price for the initial public offer is at Rs. 850 per share. The price band was Rs 775 - Rs 900 per share. The IPO was oversubscribed 7.7 times and over 13 lakh bids were ... More

SHAREHOLDER ACTIVISM
GTB shareholders hope for compensation
WITH Saturday being the last day for submitting suggestions and objections to the proposed merger of Global Trust Bank (GTB) with Oriental Bank of Commerce (OBC), a number of GTB shareholders across the country have urged the Reserve Bank of ... More

ECONOMIC OFFENCES
CBI conducts searches at SEBI official's residence, office
THE Central Bureau of Investigation (CBI) on Saturday conducted a search at the residence and office chamber of a senior Securities and Exchange Board of India (SEBI) official, Mr Nagender Parakh. According to SEBI, the search was conducted ... More

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