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MARKETS
FOREIGN INSTITUTIONAL INVESTORS:
Sensex rises 5%; FIIs turn net buyers
Mumbai, Sept. 19 The domestic benchmark indices gained by more than 5 per cent on Friday as foreign institutional investors turned net buyers after a week of heavy selling, tracking sentiment in the global markets which saw a complete ...
FOREIGN INSTITUTIONAL INVESTORS:
Performance of new IPOs: FII holdings plunge
Chennai, Sept. 19 If you thought that the presence of foreign institutional investors in a stock is an indication of its long term prospects while investing in an IPO, think again. FIIs often make a quick exit from firms, within months of ...
EVENTS:
Markets this week
The bloodbath in the global financial services markets with maximum impact on the equity bourses following the crises at Lehman Brothers and Merrill Lynch shook the Indian stock markets too on Monday, sending the benchmark Sensex into a ...
MUTUAL FUNDS:
Andhra Bank to vend MF products
Andhra Bank will be cross selling the mutual fund (MF) products of Kotak Mahindra Asset Management Company. A memorandum of understanding was signed by Mr Anil Girotra, Executive Director, Andhra Bank, and Mr Sandesh Kirkere, Chief ...
STOCKS:
Promoters up stake in Nagarjuna Const
A V S R Holdings Pvt. Ltd, an investment company belonging to the promoters group of Nagarjuna Construction Company Ltd (NCCL), has acquired 6,00,101 equity shares of Rs 2 each of the Hyderabad-based company. The purchase of shares was done ...
FOREIGN INSTITUTIONAL INVESTORS:
Exposure to Lehman only $5 m: O.P. Bhatt
Bhavnagar (Gujarat), Sept. 19 The exposure of State Bank of India (SBI) to Lehman Brothers has been only to the extent of $5 million, 60-70 per cent of which is expected to be recovered, according to State Bank group Chairman, Mr O.P. Bhatt. ...
STOCKS:
Bank stocks recover after mayhem
Kolkata, Sept. 19 Bank stocks, which held well in comparison to other sector stocks during the mayhem since Monday, improved on ...
FOREIGN INSTITUTIONAL INVESTORS:
FIIs active in bourses’ bulk deals
Mumbai, Sept. 19 Morgan Stanley continued to sell large amount of shares held in Indian companies, but it also bought shares in other companies on Friday, amid concern about its financial ...
STOCK MARKETS:
Happy turn
...
FOREIGN INSTITUTIONAL INVESTORS:
SEBI clarifies on FIIs’ debt investments
Mumbai, Sept. 19 SEBI has issued a clarification on FIIs’ investment in the debt market on September 16 appearing on SEBI web site on September ...
VENTURE CAPITAL:
Saisudhir Infra gets Rs 32-cr private equity investment
Hyderabad-based Saisudhir Infrastructures Ltd has finalised Rs 32 crore investment approvals from BTS India Private ...
OPEN OFFERS:
Emami’s open offer for Zandu to begin on Sept 26
Mumbai, Sept. 19 Emami’s open offer for shares of Zandu Pharmaceutical Works would commence on September 26, according to the revised schedule, both companies have informed the exchanges. The offer is to close on ...
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