MARKETS
ESOPS
TCS seeks members' nod for ESPS
MUMBAI: Tata Consultancy Services is seeking the consent of members by way of postal ballot for offer, issue and allotment of shares under an Employee Share Purchase Scheme. The company has appointed Ms Shirin Bharucha, Legal Advisor, ...
More
MUTUAL FUNDS
Prudential ICICI launches Emerging Star Fund
PRUDENTIAL ICICI Asset Management Company launched its Emerging Star Fund. This is an open ended equity fund that would invest in mid-cap stocks. The objective of the fund is to generate long-term capital appreciation by investing in a ...
More
TECHNICAL ANALYSIS
Volatile movement
FRIDAY'S trading activity witnessed volatile movement. However, the bears managed to gain from the day's trading. The sentiment reading of the tradable counters stands neutral. Bull pressure on Monday is likely to change the sentiment reading to ...
More
STOCK MARKETS
Bank stocks see across-the-board buying
BANKS stocks were back in the limelight in today's trading despite rise in inflation rate. Various announcements in the last few days by the Government and RBI have brought interest in banks stocks, brokers and analysts said. In today's trading ...
More
Matrix Labs promoter fully divests holding
MR M. Ravinder, one of the promoters of Matrix Laboratories Ltd (MLL) and currently its Executive Vice-President (General Finance & Business Support Services), has sold 58,501 equity shares of the company, constituting 0.40 per cent of the voting
More
Consolidation talk bodes well
THE stock of Hinduja TMT surged on the bourses on Friday on the possibility of GSM cellular service provider Hutch going in for consolidation of all its subsidiaries. Hinduja TMT has 10 per cent stake in Fascal, the Gujarat arm of Hutch ...
More
FOREIGN INSTITUTIONAL INVESTORS
Arvind Remedies calls off FII deal
ARVIND Remedies has informed the stock exchanges that its governing board has withdrawn the plan to place shares with a foreign investor, almost a year after a shareholders' meeting where the deal's transparency was questioned. The proposal to ...
More
REGULATORY BODIES & RULINGS
SEBI initiates adjudication process against 3 firms on FAL Ind dealing
THE Securities and Exchange Board of India (SEBI) has ordered the initiation of adjudication proceedings against Shapoorji Pallonji and company, Sterling Investments Corporation (Pvt) Ltd and Cyrus Investments Ltd. Adjudication proceedings are ...
More
SEBI cancels registration of 46 stockbrokers
THE Securities and Exchange Board of India (SEBI) has cancelled the certificate of registration of 46 stockbrokers. These brokers were declared as defaulters by the stock exchange and have failed to fulfil the pre-requisite condition of ...
More
COMMENTARY
Late-hour buying props up Sensex
A POSITIVE sentiment appears to have swept over the markets this week with the narrow indices ending in the positive territory for the fourth time in five trading sessions. Notwithstanding the fact that inflation has shot up to a four-year ...
More
IPOS
IPO not in near future: Progeon
PROGEON, the business process outsourcing subsidiary of Infosys Technologies, has quashed the market talk about a possible initial public offer (IPO). "At this stage, Progeon has no plans for an IPO in the foreseeable future," said Mr Akshaya ...
More
Stock Quotes
SE Diary
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|
RSS Feeds