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MARKETS
STOCKS:
Spice Comm rise puzzles marketmen
Trading quantity much higher than free-float available. Mumbai, Jan. 30 News of Spice Group’s interest in acquiring a majority stake in Satyam Computer sent up the share price of Spice Communications by more than 100 per cent during ...
FINANCIAL PERFORMANCE:
JM Fin loss at Rs 2.56 cr
Mumbai, Jan. 30 JM Financial has reported a standalone net loss of Rs 2.56 crore and a consolidated net loss of Rs 230 crore for the quarter ended December 31, 2008, on account of provisions made by the company for the shrinking value of ...
REGULATORY BODIES & RULINGS:
SEBI’s plea to quiz Rajus posted for Feb 9
Hyderabad, Jan. 30 The Securities and Exchange Board of India will have to wait till February 9 to get to know when it can quiz Mr B. Ramalinga Raju and Mr B. Rama Raju, former Chairman and CEO of Satyam Computer. ...
STOCKS:
Bhushan arm buys stake in Orissa Sponge
Kolkata, Jan. 30 Bhushan Energy, an unlisted subsidiary of Bhushan Steel, on Thursday bought 19 lakh shares of Orissa Sponge on ...
COMMENTARY:
Markets this week
Indian bourses witnessed a strong rally on Tuesday, a day after Republic Day celebrations, and the Sensex surged by an impressive 330 points to close at 9004, while the broader Nifty registered a gain of 93 points to end strongly ...
FINANCIAL SERVICES:
Jefferies India gets SEBI nod for merchant banking
Mumbai, Jan. 30 Jefferies India Private Ltd, a subsidiary of US-based Jefferies Group, announced on Thursday that it has received merchant banking licence ...
PREFERENTIAL ALLOTMENTS:
West Coast Paper to issue shares to promoters
Kolkata, Jan. 30 West Coast Paper Mills has proposed to issue shares to its promoters, S.K. Bangur group, on preferential basis and cancelled the warrants earlier issued at almost double the ...
Columnists:
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Harish Bijoor
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Ramanujam Sridhar
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S Ramesh Kumar
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Radhika Chada
Comments & Letters to the Editor to: bleditor@thehindu.co.in
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