MARKETS
OVERSEAS BORROWINGS
Prithvi Info allots $50 m FCCBs to Lehman Brothers
Technology solutions provider Prithvi Information Solutions Ltd has allotted zero-coupon foreign convertible currency bonds (FCCBs) equivalent to $50 million to Lehman Brothers International (Europe), at a conversion price of Rs 469.13 per equity ...
More
STOCKS
PVP Enterprises acquires stake in SSI
Promoters sell stake in 2 tranches at Rs 208 a share
More
Conversion price for Reliance pref warrants fixed at Rs 1,402
The conversion price for the 12-crore preferential warrants in Reliance Industries Ltd to be issued to its promoters has been fixed at Rs 1,402 per share, a statement from the company said. The Chairman, Mr Mukesh Ambani, and others will be ...
More
TECHNICAL ANALYSIS
Volatile movement
Monday's trading activity witnessed volatile movement. However, the sentiment reading remains bearish. Bull move on Tuesday is likely to change the sentiment reading in its favour. Nifty Futures The March ...
More
STOCK MARKETS
Commodity stocks ride on rail tariff cut proposal
It is going to be only `paper benefits' for cement, steel cos: Analysts
More
ASSET MANAGEMENT COMPANIES
`Foreign partner soon for CanBank AMC'
Canara Bank will offer an equity stake to a strategic foreign partner in its 100 per cent wholly-owned asset management company, Canbank Investment Management Services Ltd., said Mr M.B. N. Rao, Chairman and Managing Director, Canara Bank. ...
More
COMMENTARY
Late-hour buying props up benchmarks
Volatility ruled the markets on Monday with the Sensex swinging over 250 points during the trading session. Markets carried forward last week's pessimism on the run-up towards the Union Budget. However buying at lower levels, towards the end of ...
More
IPOS
Allied Digital to enter capital market
Allied Digital Services Ltd, a Systems Integrator and IT Infrastructure Management Services provider, plans to enter the capital market with an initial public issue of 45,22,435 equity shares of Rs 10 each at a premium to be decided by the book ...
More
Transwarranty dips below IPO price on Day 1
The stock of Transwarranty Finance Ltd made its debut on the BSE at Rs 60, a premium of 15.38 per cent against its issue price of Rs 52. The stock reached an intra-day high of Rs 63 and a low of Rs 46.10 before closing at Rs 47.25. On the ...
More
C&C Const debuts at 20% premium on BSE, slips later
The stock of C & C Constructions Ltd marked its debut on the BSE at a premium of 20.28 per cent at Rs 350 against the issue price of Rs 291 but opened at a discount on the NSE by 1.05 per cent at Rs 288. The stock touched an intra-day low at Rs .
More
Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
|