MARKETS
NEW FUND OFFER
DBS Chola Infrastructure fund launched
Mumbai, Aug. 7 DBS Chola Mutual Fund has launched DBS Chola Infrastructure fund, a three-year close-ended fund, which aims to generate capital appreciation by investing predominantly in equity and equity-related instruments of companies ...
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MUTUAL FUNDS
Money market instruments fail to lure diversified equity funds
Despite volatile market, funds park less than 10% on them
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STOCKS
Deccan Chronicle MD gets shares worth Rs 1,170 cr as gift from promoters
Hyderabad, Aug. 7 Deccan Chronicle Holdings Ltd (DCHL), publisher of Deccan Chronicle, today informed the stock exchanges that two of the promoters have gifted 4,96,92,416 equity shares in the company to a third promoter, which at ...
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ICI India up on Akzo Nobel bid
Mumbai, Aug. 7 The stock of ICI India has gained considerably on the bourses on news that the Dutch chemical group Akzo Nobel NV may announce an open offer to the shareholders of ICI India Ltd as it has received access to the books of ICI ...
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Selan Exploration hits roof
Selan Exploration Technology stock hit its all-time high at Rs 127.45 intra-day on Tuesday, but closed slightly lower with a gain of 12.67 per cent at Rs 124.5. On the BSE, 8.36 lakh shares (daily average volume in the past fortnight is 2.05 lakh ...
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TECHNICAL ANALYSIS
Sideways movement
Tuesday’s trading activity witnessed sideways movement. However, the sentiment reading of the tradable counters changed to bullish. Bear move on Wednesday is likely to change the sentiment reading in their favour. On the contrary, the ...
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MERGERS & ACQUISITIONS
Almondz merging two group cos
Broking arm will be merged with BSE-listed Almondz Global
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IPOS
Take Solutions IPO subscribed 63 times
Chennai, Aug 7 Take Solutions Ltd’s initial public offering has been over subscribed 63.25 times. The company put 21 lakh shares on offer, through the book building route and the price band fixed was Rs 675-Rs 730 a ...
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