MARKETS
DIVIDEND ANNOUNCEMENT
United Breweries to pay addl 7.5 pc
United Breweries Ltd has informed BSE that its board of directors at its meeting on Thursday has recommended payment of an additional dividend of 7.5 per cent on the equity share capital as on March 31, 2006. Including the ...
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STOCKS
SBI rises 3.39 pc on Cabinet approval to Act changes
Bank's stock jumps 3.39% on allowance to increase capital
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Magma Leasing, Shrachi Infra merger ratio fixed at 1:3
All-stock deal; new entity named Magma Shrachi Finance
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Bombay Rayon gains on SEZ buzz
Bombay Rayon Fashions Ltd has seen a 27-per cent gain month-on-month on the BSE. Dealers said rumours of the company setting up an SEZ have been driving interest in this stock. The company, which is currently undergoing expansion of its ...
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Media counters up on FII fund talk
Media counters such as HT Media, Sri Adhikari, Mukta Arts, and Crest Animation have seen a significant appreciation of 20-42 per cent month-on-month on the bourses in the recent past. As per market talk, there is front-running in these ...
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TECHNICAL ANALYSIS
Volatile movement
Friday's trading activity witnessed volatile movement. However the sentiment reading of the tradable counters changed to bullish. Bear move on Monday is likely to change the sentiment reading in their favour. More
STOCK MARKETS
Strong week
GOOD SHOW: The stock exchange displayed a firm trend during the week. While the BSE Sensex gained 0.93 per cent, the NSE's S&P CNX Nifty surged 0.87 per cent on the back of improved ...
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FOREIGN INSTITUTIONAL INVESTORS
KS Oils increases FII limit to 49 pc
The Board of Directors of KS Oils has decided to increase the investment limit of Foreign Institutional Investors (FIIs) in the paid up equity share capital of the company up to 49 per cent of the total share capital/voting rights subject to the ...
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REGULATORY BODIES & RULINGS
SEBI slaps Rs 25 cr penalty on Holcim
SEBI has imposed a penalty of Rs 25 crore on Holcim (India) Pvt Ltd for not making an open offer to shareholders of Everest Industries Ltd (EIL), a subsidiary of Associated Cement Company (ACC). In 2005, when the Swiss cement major Holcim ...
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INTERVIEW
`With Fed on pause, one can be in riskier assets for time being'
Liquidity is still reasonably thin: JP Morgan
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COMMENTARY
Bankex, small-cap indices post major gains
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IPOS
Voltamp IPO subscribed 0.86 times
The initial public offering (IPO) of Voltamp Transformers Ltd has been subscribed 0.86 times at the close of second day. Of the public issue of 48,83,840 equity shares, the portion for qualifies institutional bidders has been subscribed 1.79 ...
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Vlotamp IPO: Clarification
With reference to the news item "Voltamp Transformers launches IPO" published in these columns on August 18, the company states that its net profit for the financial year ended March 31, 2006, is Rs 23.4 crore and not as reported. The error is ...
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PUBLIC OFFER
Pantaloon Retail to raise Rs 260 cr thru follow-on issue
Pantaloon Retail India Ltd proposes to raise up to Rs 260 crore through a follow-on issue of shares. The company's board which met here on Thursday, has also decided to issue 12.12 lakh warrants at a price of Rs 1,635 per warrant, aggregating ...
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