MARKETS
PREFERENTIAL ALLOTMENTS
Asian Hotels board proposes split into 3 independent units
`Promoters' interest creating potential conflict of interest'
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Flawless Diamond allotment
Flawless Diamond India Ltd is to consider the allotment of 588,000 equity shares to Bennett, Coleman & Co Ltd at its board meeting to be held on June 22, 2007. ...
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OPEN OFFERS
Vedanta's open offer for Sesa Goa stake postponed
Market regulator yet to clear the proposal
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INVESTMENTS
CBDT circular to discern shares held as stock-in-trade or investment
`Final decision depends on the facts of each case'
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MUTUAL FUNDS
Fixed maturity plans' yields on the decline
Bank fixed deposits gaining ground
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STOCKS
Petronet: Buzz links Chevron
Market buzz that US-based Chevron Corporation, the oil and gas exploration major, is looking at picking up a substantial stake in Petronet LNG, has led to increased trading in the company's stock for the past few days. The stock, which has risen ...
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Adlabs lights up on `Sivaji'
The stock of Adlabs Films witnessed sharp gains on Friday. It closed at Rs 543.70 against the previous day's close of Rs 514.05, while the traded quantity too jumped to 3.07 lakh shares, against the two-week average of 1.72 lakh shares on the ...
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Ruchi stock split approved
The board of Ruchi Soya Industries Ltd has approved sub-division of its equity shares of Rs 10 to Rs 2 each. However, the proposed split of shares in 1:5 ratio is subject to shareholders' approval in the ensuing annual general ...
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TECHNICAL ANALYSIS
Volatile movement
Today's market witnessed volatile movement. The sentiment reading of the tradable counters remains bullish. Bear move on Monday has the potential to change the sentiment reading to bearish. On the contrary, the prevailing bullish sentiment is ...
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STOCK EXCHANGES
Compact Disc arm to list on London SE
Compact Disc India (CDI), the animation film outsourcing company, will list its new subsidiary MediaOne at the Alternative Investment Market in London. The company hopes to raise $50 million (Rs 613 crore) for MediaOne, its ...
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IPOS
Ankit Metal plans Rs 34.5-cr public issue
Price band fixed at Rs 30-36 a share
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ThinkSoft mulling public offer
ThinkSoft Global, a Chennai-based financial software testing company, plans an IPO (initial public issue) in the next few months. A company official confirmed that the company was planning an IPO, but said it was "too premature" to talk about ...
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Suryachakra Power secures nod for IPO
Suryachakra Power Corporation Ltd has secured regulatory nod for its public issue of 3.4 crore equity shares of Rs 10 each at a price band of Rs 17 to Rs 20 per share. In a statement, the company said it has registered the red herring ...
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DLF fixes issue price at Rs 525; mops Rs 9,187.5 cr
Real estate major DLF today fixed the issue price for its initial public offering at Rs 525 per share, mopping Rs 9,187.5 crore from the recently-concluded mega issue. The 100-per cent book built IPO had been launched with a price band of Rs ...
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