MARKETS
PREFERENTIAL ALLOTMENTS
Promoters plan hiking stake in GE Shipping
The board of directors of Great Eastern Shipping will be meeting on Tuesday to consider preferential issue of warrants convertible into equity shares of the company to the promoters and directors of the company. The promoters of the company, ...
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FINANCIAL SERVICES
NSDL, CDSL in pact with US firm
The Depository Trust & Clearing Corporation (DTCC), New York, has signed a Memorandum of Understanding with National Securities Depository Ltd (NSDL), Mumbai and Central Depository Services (India) Ltd to build a cooperative relationship. Under .
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STCI Primary Dealer starts G-Sec operations
STCI Primary Dealer Ltd, the recently incorporated primary dealership subsidiary of Securities Trading Corporation of India Ltd (STCI), commenced operations as a primary dealer in Government Securities on June 25, said a press statement from ...
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NEW FUND OFFER
ICICI Pru Mutual moots debt fund
To invest in securities of real estate companies
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INSIGHT
PERSPECTIVE
Retail investors' apathy
The two recent mega public issues in quick succession, the first an IPO (initial public offer) by DLF and second an FPO (follow-on public offer) by the redoubtable financial power house, ICICI, elicited lukewarm response from retail investors ...
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STOCKS
Gammon India stock turns weak
The Rs 2 face-valued Gammon India today slid and finished in the red (down over 2 per cent) at Rs 432 with higher than last week's average volume after gaining over 11 per cent in a five-session spell. According to market sources, the stock ...
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TECHNICAL ANALYSIS
Sideways movement
Monday's trading activity witnessed sideways movement. However, sentiment reading of the tradable counters remains slightly bearish. Bull move on Tuesday is likely to change the current sentiment. On the contrary, the prevailing bearish sentiment ...
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FOREIGN INSTITUTIONAL INVESTORS
Infotech Enterprises hikes authorised capital, FII limit
Infotech Enterprises Ltd has decided to increase the authorised capital of the company from Rs 30 crore to Rs 135 crore while also enhancing the FII investment limit from the current 30 per cent to 100 per cent. Following the EGM held here on ...
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IPOS
Gujarat NRE's Australian float fully subscribed
`Indian retail investors participated in a big way'
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PUBLIC OFFER
BEML price band fixed at Rs 1,020-1,090
Plans to raise Rs 500 cr thru 49 lakh shares of Rs 10 each
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