CORPORATE
ANNOUNCEMENTS
Oil cometh
Reliance Industries has announced yet another discovery in exploratory block KG-III-5 located in Krishna offshore basin in the east coast of India. This is the third gas discovery in this block and it holds 100 per cent participating interest ...
More
PREFERENTIAL ALLOTMENTS
M&M Financial premium pref offer
Mahindra & Mahindra Financial Services Ltd has said that it would raise Rs 414.2 crore through a preferential allotment of 1,09,00,000 equity shares to two private equity funds at a price of Rs 380 per share. This price represents a premium ...
More
OVERSEAS BORROWINGS
Jyoti Structures to issue FCCBs
Jyoti Structures Ltd has said that its board of directors, at its meeting held on Friday, has decided to issue 76,05,000 equity shares of Rs 2 each for cash at a price to be determined in accordance with the SEBI (DIP) Guidelines on a ...
More
Board nod for Binani Cement plans
Binani Cement Ltd has said that the board of directors at its meeting held on Saturday has approved the issue of FCCBs/ADRs/GDRs and/or any other instruments aggregating $125 million, and increase in borrowing limits from Rs 1,000 crore to Rs ...
More
ACCOUNTANCY
Keyoor Bakshi is new ICSI president
Mr Keyoor Bakshi has been elected as President of the Institute of Company Secretaries of India (ICSI) and Mr Datla Hanumanta Raju, as Vice-President. According to a statement issued by the Institute, Mr Bakshi has been elected as the President ...
More
CORPORATE BONDS
Oil bonds worth Rs 11,256 cr issued
New Delhi, Jan. 19 The Finance Ministry has announced that it has issued oil bonds worth Rs 11,256.92 crore to three oil-marketing companies as compensation for estimated under-recoveries from sale of petroleum products during the current ...
More
ALLIANCES & JOINT VENTURES
David n Goliath
Gayatri Projects has tied up with DLF for constructing road projects on Build-Operate-Transfer basis. Both the companies have agreed to give their financials and technical strengths for the participation in request for qualification and ...
More
RIGHTS ISSUE
Exide Industries: Invest
More
OUTLOOK
Indian tile industry may gain from China move
Mumbai, Jan. 19 Increase in freight charges and total withdrawal of export incentives to tile makers by China are bound to augur well for the Indian tile industry.anti-dumping duties The Indian Council ...
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds