News

Five things to watch out for today

| Updated on January 17, 2018 Published on July 11, 2016

five

The IPO of Larsen & Turbo Infotech (L&T) will open from today. Parent company L&T is putting 1.75 crore shares on the block at a price band of Rs. 705-710 for each equity share of face value of Re 1. The offer constitutes 10.3 per cent of the post-offer paid-up equity share capital of the company.

Facebook will be launching the testing of offline videos in India. In an email sent out to select partners, the social media said that the feature will be available on the Facebook app.

In connection with Swathi murder case, Chennai police will be conducting an Identification parade in Puzhal prison today. The techie was murdered at Nungambakkam station on June 24 and the suspect Ramkumar was arrested on July 1.

Chinese smartphone maker Huawei will unveil Honor 8 in China. In a launch teaser put out by the company, it is believed that the new device will be sporting dual rear camera and Kirin processor.

Coal India board of directors to meet today to discuss on the buyback shares proposal. The meeting will also decide on appointment of intermediaries to execute the plan. Earlier, Coal India subsidiaries Central Coalfields, Mahanadi Coalfields, Northern Coalfields and Western Coalfields had announced that they would buy back their shares, cumulatively worth ₹3,895 crore. The buyback of shares will increase the price of public sector companies and help the government meet its disinvestment target

Published on July 11, 2016
This article is closed for comments.
Please Email the Editor