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 Corporate - Rights Issue
Bharat Forge scraps rights issue

Coimbatore, Jan. 9

Bharat Forge Ltd's board of directors, which reviewed its decision for issue of Non Convertible Debentures with detachable warrants convertible into equity shares not exceeding Rs 400 crore on rights basis, has decided to cancel it due to `weak market conditions'. - Our Bureau

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Stories in this Section
Punj Lloyd arm begins legal action against UK firm

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Nifty, Sensex cos to come under peer review
IT majors prefer to park cash with Indian banks
Tax maze in the Satyam case
To quit or not to quit – Satyam employees risk lower salary elsewhere
Satyam staff in dilemma as cash crunch fears rise
Ramalinga Raju in Hyderabad, says AP CM
Can confession help Ramalinga Raju?
‘Time not ripe for principle based rules’
Serious Frauds Office team examining Satyam records
Ramalinga Raju surrenders
Satyam still has many buyers as it plunges to a new low
Govt to take over management control of Satyam Computer
Bajaj Electricals plans Rs 30-cr CFL facility
‘Renault-Nissan will conform to agreement with TN’
Daimler to raise investments in Tamil Nadu
Talks to end deadlock at Apollo Tyres unit fail again
L&T open to alliance with Satyam
Bharat Forge scraps rights issue
Nandi Valley setting up winery near Bangalore
Renault puts Chennai plan in cold storage
Bosch to temporarily shut plants
Nissan small car plan on track
Weijde inducted on ACC board




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