MARKETS
NEW FUND OFFER
Kotak Mutual looks to raise $200 m from new fund
New Delhi, Aug 3 Kotak Mahindra Asset Management on Friday said that it expects to raise $200 million from its three-year close-ended ‘Global Emerging Market Fund.’ “There has been good response so far. If it crosses $200 ...
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STOCKS
TV Today shareholders shun Reliance Cap’s open offer
Only 200 shares were tendered
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Suryajyoti Spinning sees surge in traded quantity
Promoters hiking stake thru their infotech arm
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Hitachi Home hits new peaks
Hitachi Home & Life Solutions India Ltd has been gaining strength on the bourses by registering new peaks on each passing day. The stock on Friday touched its 52-week high at Rs 150.95 though it ended weak by 3.48 per cent at Rs 140.10 ...
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TECHNICAL ANALYSIS
Bulls take charge
Bulls dominated trade on Friday. Bear move on Monday is likely to change the sentiment reading in their favour. On the contrary, the prevailing bullish sentiment is likely to be strengthened with additional counters. ...
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FOREIGN INSTITUTIONAL INVESTORS
Credit info cos: 49% cap on foreign investment likely
New Delhi, Aug. 3 The Government is close to finalising the policy on foreign investments in credit information companies. Indications are that foreign investment cap on such companies would be placed at 49 per cent. Official sources ...
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Jury is still out on hedge funds, says SEBI chief
Chennai, Aug. 3 Whether hedge funds are good or harmful? Whether they should be regulated or not? are some of the questions engaging the attention of regulators worldwide and the jury is still out on the issue, said the Chairman of SEBI, Mr M. ...
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IPOS
Puravankara cuts IPO price band
Mumbai, Aug. 3 Real estate company Puravankara Projects has extended its initial public offering subscription period from August 3 to August 8 and reduced its price band from Rs 500- 525 to Rs 400-450 a share. The offer opened on July ...
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Virtusa IPO at $14 per share
Hyderabad, Aug. 3 Virtusa Corporation, an information technology services company, on Friday announced the pricing of its initial public offering of 44,00,000 shares of its common stock at a price to the public of $14 per share. All of these ...
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