MARKETS
PREFERENTIAL ALLOTMENTS
Electro shareholding in BPL
The total shareholding of the T.P.G. Nambiar-controlled Electro Investment Private Ltd in BPL Ltd has gone up to 43.14 per cent. In a notice to the BSE, Electro Investment said that it acquired 1,70,00,000 shares aggregating to ...
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FINANCIAL SERVICES
Investnet to expand network
Investnet would be focusing on expansion of its network. Opening its 100th branch in Thiruvalla, the Chairman and CEO of Investnet, Mr Prince George, said that the group is planning to open more branches at potential locations ...
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STOCKS
Kokilaben and others pick up stake in Reliance Comm
Ms Kokilaben D. Ambani along with others (acting in concert) have acquired 2.11 per cent stake in Reliance Communications Ltd through open market purchases, the company has informed the National Stock Exchange on Monday. Ms Ambani, AAA ...
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Khaitan Electricals converts warrants
The board of directors of Khaitan Electricals Ltd at its meeting held on June 30 has approved allotment of 5 lakh equity shares in favour of promoters - Khaitan Lefin Ltd - on conversion of 5 lakh equity share warrants issued on March 28, ...
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Suryalata Spinning: Drawing attention
Is Suryalata Spinning a subject of quiet accumulation? On Monday, the stock finished 7 per cent up on the BSE at Rs 60.10. According to the dealers, a set of punters are understood to have focused attention on the stock after improvement in its ...
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Navin Fluorine: Losing ground?
Navin Fluorine International stock continued to drift downward even as the company moved towards generating and trading carbon credit. A section of market players is understood to be selling in absence of clarity regarding actual financial ...
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TECHNICAL ANALYSIS
Bulls prevail
Bulls prevailed over Monday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear domination on Tuesday is likely to change the sentiment reading in its favour. On the contrary, the prevailing bullish ...
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ASSET MANAGEMENT COMPANIES
DBS Chola AML Chief Executive
DBS Cholamandalam Asset Management Ltd has announced that Mr Rajnish Narula will be the company's new Chief Executive, with effect from June 23. DBS Chola AML, a subsidiary of Cholamandalam DBS Finance Ltd, a joint venture ...
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INTERVIEW
Indian markets are still expensive: Mark Mobius
India is about 20 times versus 14 for emerging markets on P/E basis
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COMMENTARY
Markets begin on positive note; remain range-bound
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VENTURE CAPITAL
GVFL to raise Rs 100 cr for SME Fund
GVFL Ltd is coming up with its largest-ever fund of Rs 100 crore by this year-end for small and medium enterprises (SMEs) to address their needs for adequate and timely finance to achieve global competitiveness. The company is also in the ...
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